Carte Implicit Embedded Options in Life Insurance Contracts Nils Rüfenacht

Implicit Embedded Options in Life Insurance Contracts

A Market Consistent Valuation Framework. Thesis

Limbă: engleză
Legare: Copertă tare
Disponibilitate: În depozitul extern
Expediem în 10-13 zile
549.92 lei
Die Dissertation präsentiert einen marktkonsistenten Valuation Framework zur Bewertung von eingebett...

Informații despre carte

Limbă
engleză
Legare
Carte - Copertă tare
Publicat
2012
Pagini
170
EAN
9783790828429
ISBN
3790828424
Enbook ID
01738314
Greutate
432
Dimensiuni
164 x 242 x 16

Descriere completă

Die Dissertation präsentiert einen marktkonsistenten Valuation Framework zur Bewertung von eingebetteten Optionen und Garantien in Lebensversicherungsverträgen. Dieser wird als Grundlage für eine ausführliche empirische Studie verwendet, die sowohl quantitative als auch qualitative Aussagen über ausgewählte eingebettete Optionen zulässt.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

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