Showing 1 - 4 of 4
Persistent link: https://www.econbiz.de/10010237581
Persistent link: https://www.econbiz.de/10010239833
We analyze minimum rate of return guarantees for life insurance (investment) contracts and pension plans with L smooth surplus distribution mechanism. We specifically model the smoothing mechanism used by most Danish life insurance companies and pension funds...
Persistent link: https://www.econbiz.de/10005847502
Annual minimum rate of return guarantees are analyzed together with rules: for the distribution of excess return, i.e., annual return above the guarantee. The set of, in a specific sense, fair contracts is charactcrizcd with and without a bonus account consisting of accumulated...
Persistent link: https://www.econbiz.de/10005847609