Participating (or with-profit) life insurance contracts play an important role in private old-age
provision in many countries. Life insurers pool the assets and liabilities of a heterogeneous …

The need to find a good balance between attractive returns and long-term guarantees has
motivated the development of hybrid life insurance products. In these contracts, the premium …

Traditional participating life insurance contracts with year-to-year (cliquet-style) guarantees
have come under pressure in the current situation of low interest rates and volatile capital …

Abstract Select Products are a German version of equity-indexed annuities common in the
US and Canada, which are constructed by using a traditional life insurance contract and …

I assess how Basel III, Solvency II, and the low interest rale environment will affect the
financial connection between the bank and insurance sectors by changing the funding …

Guaranteed interest rates and capital guarantees have been standard features in life
insurance savings products in German-speaking countries. Life insurers sold products with …

Some details of the Solvency II framework are still under discussion. A crucial aspect in the
debate is the appropriate reflection of surplus participation mechanisms that apply to …

Because of the long-term nature of life insurance policies including interest rate guarantees
and the current low interest rate environment, the fair valuation of insurance contracts is of …

Participating life insurance contracts entitle the policyholder to participate in the company's
annual surplus. Typically, they are also equipped with a surrender option that allows the …

Polis partisipasi asuransi jiwa merupakan kontrak asuransi dimana pemegang polis
menerima pembayaran dividen dari perusahaan asuransi. Perusahaan asuransi akan …