Description: Few product innovations have transfigured the variable annuity (VA) industry as much as guaranteed living benefits (GLBs).

Description: This paper focuses on the equity unit annuity popularly termed the variable annuity. Followed by several discussion papers submitted

Description: Few product innovations have transfigured the variable annuity (VA) industry as much asguaranteed living benefits (GLBs).

Description: This paper discusses alternatives open to an actuary in the writing of a variable annuity contract. From Transactions of Society of Actuaries 1969, Vol. 21, Pt. 1, No. 61.

Description: This paper proposes weighted fund style analysis as a better method to hedge market risks of variable annuities.

Description: The study examines the GLB utilization of over 4.9 million contracts that were either issued during or in force as of 2014.

Description: This paper discusses the actuarial aspects of state regulation of individual variable annuities. Focus is on regulation of interest rates, expense and mortality guarantees, grace period and nonforfeiture provisions, and transfers of surplus to and from separate accounts. From Transactions of Society of Actuaries 1968, Vol. 20, Pt. 1, No. 58.

Description: The Policyholder Behavior in the Tail Risk Management Section Working Group issued its fifth survey to gather the range of assumptions actuaries use in pricing, reserving, and risk management of minimum guarantees on Variable Annuity products, such as death benefits, income benefits, withdrawal benefits and maturity benefits.

Description: This web page describes the new Variable Annuity Guaranteed Living Benefits Utilization study.

Description: This paper attempts to quantify the benefits to the purchaser of a non-qualified variable annuity as compared to an investment in a mutual fund. From Actuarial Research Clearing House 1991, VOL. 3.