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  • Hedging Variable Annuity Guarantees With Long-Dated Equity Derivatives
    capital mar- kets instruments took over as the primary risk transfer mechanism for VA writers. Hand-in- ... fixed volatility over a long time period. The primary market-related risk that any hedg- ing strategy ...

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    • Authors: Michelle Smith, Roma Jakiwczyk, Edward Wilson, Mark Evans
    • Date: Nov 2005
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Risk Management
    • Topics: Annuities>Variable annuities; Finance & Investments>Derivatives