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Additional policy reserves: No market for the equity-linked life insurance in Germany?

โœ Scribed by D. Nonnenmacher; F.A. Schittenhelm


Book ID
104300047
Publisher
Elsevier Science
Year
1998
Tongue
English
Weight
116 KB
Volume
22
Category
Article
ISSN
0167-6687

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๐Ÿ“œ SIMILAR VOLUMES


Arithmetic averaging equity-linked life
โœ Dirk Jens F. Nonnenmacher; Jochen RuรŸ ๐Ÿ“‚ Article ๐Ÿ“… 1999 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 103 KB

This paper discusses two guaranteed arithmetic averaging equity-linked life-insurance products linked to the DAX30. According to German legislation, so called additional policy reserves might be required for such policies. As no pricing formulas are available, we use Monte Carlo simulation technique