Implicit Embedded Options in Life Insurance Contracts: A Market Consistent Valuation Framework (Contributions to Management Science) - Softcover

Book 42 of 214: Contributions to Management Science

Rüfenacht, Nils

 
9783790829433: Implicit Embedded Options in Life Insurance Contracts: A Market Consistent Valuation Framework (Contributions to Management Science)
Softcover
ISBN 10: 3790829439 ISBN 13: 9783790829433
Publisher: Physica, 2014

Synopsis

This book presents a market-consistent valuation framework for implicit embedded options in life insurance contracts. This framework is used to perform an empirical analysis based on more than 110,000 actual and in-force life insurance policies and with a focus on the modeling of interest rates. Its results are the answer to the central question posed in the objectives: What value do the embedded options and guarantees considered have? This question is answered both absolutely and relative to the current policy reserves, from the perspective of the insurer, the policyholder and the shareholder respectively

"synopsis" may belong to another edition of this title.

About the Author

This book presents a market-consistent valuation framework for implicit embedded options in life insurance contracts. This framework is used to perform an empirical analysis based on more than 110,000 actual and in-force life insurance policies and with a focus on the modeling of interest rates. Its results are the answer to the central question posed in the objectives:
What value do the embedded options and guarantees considered have?
This question is answered both absolutely and relative to the current policy reserves, from the perspective of the insurer, the policyholder and the shareholder respectively

From the Back Cover

This book presents a market-consistent valuation framework for implicit embedded options in life insurance contracts. This framework is used to perform an empirical analysis based on more than 110,000 actual and in-force life insurance policies and with a focus on the modeling of interest rates. Its results are the answer to the central question posed in the objectives:
What value do the embedded options and guarantees considered have?
This question is answered both absolutely and relative to the current policy reserves, from the perspective of the insurer, the policyholder and the shareholder respectively

"About this title" may belong to another edition of this title.

Publisher
Physica
Publication date
2014
Language
English
ISBN 10 
3790829439
ISBN 13 
9783790829433
Binding
Paperback
Number of pages
196

Other Popular Editions of the Same Title

9783790828429: Implicit Embedded Options in Life Insurance Contracts: A Market Consistent Valuation Framework (Contributions to Management Science)

Featured Edition

ISBN 10:  3790828424 ISBN 13:  9783790828429
Publisher: Physica, 2012
Hardcover