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Overview of Nonguaranteed Elements (NGEs)
earliest generation of UL products was there a direct linkage of anticipated experience factors and ... purpose of the NGE exercise. For example, the primary purpose of cash flow testing is to determine ...- Authors: David N Cook, Zohair Motiwalla, Karen Rudolph
- Date: Nov 2022
- Competency: External Forces & Industry Knowledge
- Topics: Annuities; Life Insurance
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Annuity Lapse Rate Modeling: Tobit or Logit by Dr. Sam Cox and Yijia Lin
Annuity Lapse Rate Modeling: Tobit or Logit by Dr. Sam Cox and Yijia Lin We devise an approach, ... related to the regressor xi [Greene, 2000]. The primary equation of the model is Pr(Yi = yi) = e−λiλyii ...- Authors: Samuel Cox, Yijia Lin
- Date: Nov 2006
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Topics: Annuities
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The Bounds of Bivariate Distributions that Limit the Value of Last-Survivor Annuities
The Bounds of Bivariate Distributions that Limit the Value of Last-Survivor Annuities The dependent ... therefore p, = 12 E(F(X)G(Y)) - 3; b) and c) are direct results of Theorem 1. THEOREM 3. Let X and Y ...- Authors: Jacques F Carriere, Lai K Chan
- Date: Oct 1986
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Annuities; Modeling & Statistical Methods
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The Progressive Annuity Mortality Table
The Progressive Annuity Mortality Table The purpose of the present paper is to propose a family ... While one needs to scrutinize their product with care, it may turn out to be a useful tool and suggestive ...- Authors: Joseph C Noback, Edward A. Lew, Elgin G Fassel
- Date: Nov 1950
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Annuities