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  • Global Variable Annuity Relected in New Zealand Product Design
    Global Variable Annuity Relected in New Zealand Product Design New Zealand is about to launch its ... a phased introduction of solvency credits for dynamic hedging. As there was no local experience, we ...

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    • Authors: Murray Alan Hilder, Ralph Stewart
    • Date: Jan 2016
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>Actuarial theory in business context; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: International News
    • Topics: Annuities>Capital - Annuities; Annuities>Guaranteed living benefits; Annuities>Individual annuities; Annuities>Investment strategy - Annuities; Annuities>Marketing and distribution - Annuities; Annuities>Policyholder behavior - Annuities; Annuities>Pricing - Annuities; Annuities>Reserves - Annuities; Annuities>Product development - Annuities; Annuities>Variable annuities; Finance & Investments>Asset allocation; Finance & Investments>Asset liability management; Finance & Investments>Derivatives; Finance & Investments>Investment policy; Finance & Investments>Investments
  • Policyholder Behavior in the Tail – UL with Secondary Guarantee Survey – 2008 Results
    Next, insurers were asked to describe their dynamic lapse function used for policies with secondary ... 50% 60% When AV=0, lapses=0%* More Complex Dynamic Lapses Static Lapses** *5 of these 8 insurers ...

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    • Authors: Society of Actuaries
    • Date: Nov 2008
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
    • Topics: Annuities>Guaranteed living benefits
  • Policyholder Behavior in the Tail – Variable Annuity Guaranteed Benefits Survey/C3 Phase II – 2007 and 2008 Survey Results
    not use dynamic lapses for death benefits. • The vast majority of insurers (95%) use dynamic lapses for ... out-of-the-money. • Around 70%-80% of insurers model dynamic utilization for income and withdrawal benefits ...

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    • Authors: Society of Actuaries
    • Date: Aug 2008
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
    • Topics: Annuities>Guaranteed living benefits
  • Valuation and Capital Requirements for Guaranteed Benefits in Variable Annuities
    being hedged in a static or dynamic hedging fashion? If one is using dynamic hedging, what kind of operational ... of similar instruments. So unless you're doing dynamic hedging and you're taking care of the lapse and ...

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    • Authors: Robert A Brown, Thomas Campbell, Larry M Gorski
    • Date: Oct 2002
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Guaranteed living benefits