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  • 2018 Variable Annuity Guaranteed Benefits Survey
    ......................................... 8 Dynamic Lapses ....................................... ... companies varies widely (Figure 4). Dynamic Lapses • Dynamic lapse functions are used by most companies ...

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    • Authors: Jeffrey Hartman
    • Date: Jan 2019
    • Competency: External Forces & Industry Knowledge
    • Topics: Annuities>Policyholder behavior - Annuities
  • PBITT VA Guaranteed Benefits 2016 Survey Results
    companies varies widely (Figure 4). Dynamic Lapses  Dynamic lapse functions are used by the majority ... 12, Figure 14, Figure 16, and Figure 18).  Dynamic lapse functions are influenced by a variety of ...

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    • Authors: Jeffrey Hartman
    • Date: Oct 2016
    • Competency: External Forces & Industry Knowledge
    • Topics: Annuities>Policyholder behavior - Annuities
  • Policyholder Behavior in the Tail Risk Management Section Working Group Variable Annuity Guaranteed Benefits 2012 Survey Results
    Year Results  A majority of insurers now use dynamic lapse functions for GMDBs. The percentage increased ... 17 on Page 18)  Fewer insurers are using dynamic variation for the utilization of GMWB today than ...

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    • Authors: Society of Actuaries
    • Date: Sep 2013
    • Competency: External Forces & Industry Knowledge
    • Topics: Annuities>Policyholder behavior - Annuities
  • Policyholder Behavior in the Tail Risk Management Section Working Group Variable Annuity Guaranteed Benefits 2009 Survey Results
    • The vast majority of insurers (90%) use dynamic lapses for living benefits; however, only 15% of ... out-of-the-money. • About 65% of insurers do not use dynamic lapses for death benefits. This is down slightly ...

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    • Authors: Society of Actuaries
    • Date: Jan 2009
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Topics: Annuities>Policyholder behavior - Annuities; Annuities>Variable annuities