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The Impact of Policyholder Behavior on Variable Annuities
general account earns more than, say 10%, they don’t care about potential returns on separate account performance ... in the variable annuity. Without a doubt, the primary risk is market risk. When the market declines, ...- Authors: Marshall C Greenbaum, Kenneth Mungan, Ulrich Stengele
- Date: Jun 2001
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Annuities>Variable annuities; Enterprise Risk Management