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Asset-Liability Management and Product Pricing In A Low-Interest-Rate Environment
pricing these products, you have to define your dynamic assumptions. That is an important part of pricing ... or your market rate in terms of setting up your dynamic assumptions. This is an excess lapse formula ...- Authors: Henry Ramsey, Kimberly Curley, David Weinsier, Kimberly Roalkvam
- Date: Jun 2004
- Competency: Technical Skills & Analytical Problem Solving>Problem analysis and definition
- Publication Name: Record of the Society of Actuaries
- Topics: Annuities>Pricing - Annuities; Enterprise Risk Management>Risk measurement - ERM; Life Insurance>Pricing - Life Insurance