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Immunization And Dedicated Portfolios For Pension Funds
purchase. This procedure also takes care of the mortality risk, which immunization does not. Many insurers ... simply guarantee a series of payouts without mortality guarantees. IMMUNIZED AND DEDICATED PORTFOLIOS ...- Authors: Rowland Davis, William A Farquhar, Andrew F Shewan, T Thomas Simester
- Date: Oct 1982
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Pensions & Retirement