Dynamic Hedgingpast have put some sort of tail risk back on the direct writer. The 40 basis points is intended to be ... reinsurance has always been an attractive proposition to direct writers is due to its ability to reduce the volatility ...
Description: Presented at May 2002 Spring Meeting. Discusses the nature of the risks associated with equity-based and equity-linked products, and how those products can be managed with the use of capital market instruments.Hide
- Authors: Marshall C Greenbaum, Kannoo Ravindran
- Date: May 2002
- Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management
- Publication Name: Record of the Society of Actuaries
- Topics: Annuities>Variable annuities; Enterprise Risk Management>Financial management; Life Insurance