Description: This is the abstract for the paper on the application of Esscher transform to the Regime Switching Model.

Description: This abstract describes a presentation that gives examples of more successful and less successful communications from the author’s research experience in actuarial risk management.

Description: This abstract describes a presentation that compares the fee obtained to the one deducted throughout the contract.

Description: This is an abstract article about equity release mechanisms by Siu Hang Li, Mary Hardy and Ken Seng Tan. ARCH 2008, Issue 1.

Description: This is the abstract on the paper on regime-switching portfolio replication.

Description: This is the abstract for the paper on static hedging strategies for guarnateen minimum income benefits.

Description: The Defined Benefit 'DB' underpin Defined Contribution hybrid pension plan offers an attractive combination of benefit security and upside potential for pension plan members, and offers cost containment for employers, whilst still ensuring the provision of adequate equitable benefits. The DB underpin guarantee is valued and hedged as a financial option within the traditional funding paradigms of actuarial science. However, the average monthly hedging costs are time dependent and can be unstable when employees are close to retirement. This is the abstract of a paper that proposes some cost control approaches to reduce the volatility of the hedging cost.