Download or read book Variable Annuities and Separate Accounts written by Roger A. Steinharter and published by . This book was released on 1970 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Variable Annuity written by George E. Johnson and published by . This book was released on 1970 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Variable Annuities with a Description of Separate Accounts and Variable Life Insurance written by George E. Johnson and published by . This book was released on 1967 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Variable Annuities and Separate Accounts written by A. Warren McDougal and published by . This book was released on 1967 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Variable Annuities Variable Insurance and Separate Accounts written by Tamar Frankel and published by . This book was released on 1971 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Variable Annuities and Variable Life Insurance Variable Pensions Investment Annuities Economic Index Annuities Separate Accounts written by George E. Johnson and published by . This book was released on 1961 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Variable Annuities written by and published by . This book was released on 2005 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Variable Annuity written by Paul A. Campbell and published by . This book was released on 1969 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book VARIABLE ANNUITIES AND VARIABLE LIFE INSURANCE VARIABLE PENSIONS INVESTMENT ANNUITIES ECONOMIC INDEX ANNUITIES SEPARATE ACCOUNTS THE MOST COMPLETE BOOK EVER WRITTEN ON VARIABLE ANNUITIES written by GEORGE E. JOHNSON and published by . This book was released on 1970 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Variable Annuities and Variable Life Insurance Variable Pensions Investment Annuities Economic Index Annuities Separate Accounts written by George E. Johnson and published by . This book was released on 1970 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book TheStreet com Ratings Consumer Guide to Variable Annuities written by TheStreet.com Ratings, Incorporated and published by . This book was released on 2007 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Variable Annuity written by George E. Johnson and published by . This book was released on 1967 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Basis Risk in Variable Annuities written by Wenchu Li and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation provides a comprehensive and practical analysis of basis risk in the U.S. variable annuity market and examines effective fund mapping strategies to mitigate the level of basis risk while controlling for the associated transaction costs. Variable annuities are personal savings and investment products with long-term guarantees that expose life insurers to extensive financial risks. Liabilities associated with VA guarantees are the largest liability component faced by U.S. life insurers and have raised concerns to VA providers and regulators. And the hedging performance of these guarantee liabilities is impeded by the existence of basis risk. I look into 1,892 registered VA-underlying mutual funds and two VA separate accounts to estimate the basis risk faced by U.S. VA providers at the individual fund level and the separate account level. To evaluate the degree to which basis risk can be mitigated, I consider various proxy instrument sets and assess different variable selection models. The LASSO regression is shown to be most effective at identifying the most suitable (combination of) mapping instruments that minimize basis risk, compared to other test-based and screening-based models. I supplement it with the Sure Independence Screening (SIS) procedure to further limit the number of instruments requested in the hedging strategies, and modify it by introducing the diff LASSO regression to restrict the changes in instrument allocations across rebalancing periods and, therefore, control for transaction costs. I show that VA providers can reduce their exposure to basis risk by applying data analytic techniques in their mapping process, by hedging with ETFs instead of futures contracts, and through diversification at the separate account level. Combining the traditional fund mapping method with the machine learning algorithm, the proposed portfolio mapping strategy is efficient at reducing basis risk in VA separate accounts while controlling for the tractability and transaction costs of the mapping and hedging procedure, and is practical to incorporate newly-developed VA funds, as well as the varying compositions of separate accounts. Overall, this study presents that U.S. VA providers have the ability to mitigate basis risk to a greater extent than the limited literature on this topic has suggested.

Download or read book The Handbook of Variable Income Annuities written by Jeffrey K. Dellinger and published by John Wiley & Sons. This book was released on 2006-08-28 with total page 802 pages. Available in PDF, EPUB and Kindle. Book excerpt: In-depth coverage of variable income annuities With trillions of dollars in retirement savings assets, the tens of millions of Americans on the precipice of retirement need to convert these savings into retirement income. The fact that variable income annuities (VIAs) generate maximum lifetime income with zero probability of outliving it has spurred the need for more information about VIAs. The Handbook of Variable Income Annuities is by far the most comprehensive source of information on this topic. This book thoroughly describes the most important principles of optimal asset liquidation and demystifies VIA mechanics, so readers can gain a high comfort level with this important financial instrument. Interestingly and clearly, The Handbook of Variable Income Annuities explains the mathematical pricing of variable income annuities, expected rates of return, taxation, product distribution, legal aspects, and much more. Jeffrey K. Dellinger (Fort Wayne, IN), a Fellow of the Society of Actuaries and a member of the American Academy of Actuaries, has over 25 years experience in the financial services sector. He advises institutions on retirement income optimization, products, and markets.

Download or read book Household Ownership of Variable Annuities written by Jeffrey Robert Brown and published by . This book was released on 2006 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Variable annuities have been one of the most rapidly growing financial products of the last two decades. Between 1996 and 2004, nominal sales of variable annuities in the U.S. more than doubled, from $51 billion to $130 billion. Variable annuities now account for approximately nearly two thirds of annuity sales. The investment returns associated with variable annuities resemble those from mutual funds, and variable annuity buyers can select among a range of asset allocation options. Variable annuities are considered insurance products under the tax law, so buyers are not taxed on their investment returns until they make withdrawals from their variable annuity accounts. This paper describes the tax treatment of variable annuities, presents summary information on their ownership patterns, and explores the importance of several distinct motives for household purchase of variable annuities. The discussion of tax treatment examines the impact of the 2001 and 2003 tax bills on the relative tax treatment of variable annuities and other financial products. Household data from the 1998 and 2001 Survey of Consumer Finances shows that variable annuity ownership is highly concentrated among high income and high net wealth sub-groups of the population. Variable annuity ownership is less concentrated, however, than ownership of several other types of financial assets. Evidence on the role of tax incentives in encouraging ownership of variable annuities is mixed. The probability of owning a variable annuity rises with the marginal tax rate throughout most of the income distribution, but it is lower for households in the top tax bracket than for those with slightly lower tax rates.

Download or read book Life Annuity Products and Their Guarantees written by Collectif and published by OECD. This book was released on 2016-12-05 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication helps policy makers to better understand annuity products and the guarantees they provide in order to optimise the role that these products can play in financing retirement. Product design is a crucial factor in the potential role of annuity products within the pension system, along with the cost and demand for these products, and the resulting risks that are borne by the annuity providers. Increasingly complex products, however, pose additional challenges concerning consumer protection. Consumers need to be aware of their options and have access to unbiased and comprehensible advice and information about these products.

Download or read book Life Insurance Fact Book written by and published by . This book was released on 1959 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: