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Multi-period guarantees are often embedded in life insurance contracts. In this paper we consider the problem of hedging these multi-period guarantees in the presence of transaction costs. We derive the hedging strategies for the cheapest hedge portfolio for a multi-period guarantee that with...
Persistent link: https://www.econbiz.de/10015221170
Multi-period guarantees are often embedded in life insurance contracts. In this paper we consider the problem of hedging these multi-period guarantees in the presence of transaction costs. We derive the hedging strategies for the cheapest hedge portfolio for a multi-period guarantee that with...
Persistent link: https://www.econbiz.de/10015254547
called annuities. Of the remaining solid defined benefit plans many, through a process called Pension Risk Transfer are being … converted to high-risk single entity annuities. Such products have been sold to employers and employees as “safe” and … products are exposed to systemic risk that could lead to a bust in the pensions of many retirees and soon-to-be retirees. The …
Persistent link: https://www.econbiz.de/10015213267
The competitiveness of financed intermediaries cannot be based exclusively on financial sustainability, i.e. the ability to create profit, but it is also necessary to acquire a transversal vision of sustainability focused on the three ESG dimensions. The paper intends to propose a reflection on...
Persistent link: https://www.econbiz.de/10015213672
literature review and data analysis, the paper highlights the dual role of banks as catalysts for ESG investment and risk … importance of regulatory frameworks and risk management approaches. The findings suggest that ESG integration enhances bank …
Persistent link: https://www.econbiz.de/10015213825
factors within credit risk management and promoting sustainable finance. …
Persistent link: https://www.econbiz.de/10015213826
Russian. В статье рассматривается проблема определения степени монополизации страхового сектора Сербии (без Косово и Метохии) в период 2010-2023 гг. Исследование...
Persistent link: https://www.econbiz.de/10015214091
Serbian. Чланак се бави проблемом одређивања степена монополисаности у сектору осигурања Србије (без Косова и Метохије) у раздобљу 2011–2022. Основ истраживања били су...
Persistent link: https://www.econbiz.de/10015214107
This article deals with the matter of determining the level of monopolization in the insurance sector of Central Serbia during the period 2011–2022. The basis of the research were data on the total insurance premium of insurance companies, for which we calculated the market concentration...
Persistent link: https://www.econbiz.de/10015214135
The finternet is an emerging concept in global finance. The finternet is a term used to describe financial systems that are interconnected to one another like the internet. The finternet is a vision of the financial system of the future and Africa cannot be left behind in the race to transition...
Persistent link: https://www.econbiz.de/10015214188