Explicit portfolio for unit-linked life
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Nele Vandaele; Michèle Vanmaele
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Article
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2009
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Elsevier Science
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English
β 714 KB
Introducing a surrender option in unit-linked life insurance contracts leads to a dependence between the surrender time and the financial market. [J. Barbarin, Risk minimizing strategies for life insurance contracts with surrender option, Tech. rep., University of Louvain-La-Neuve, 2007] used a lot