Fixed Annuity Guarantees
Fixed Annuity Guarantees is an embedded derivative instrument that represents a contractual obligation within an annuity product to provide periodic payments of fixed amounts over a specified term, thereby distinguishing it from variable or indexed annuity guarantees through its strict insulation from underlying investment performance fluctuations.
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PARTICIPATING PAYOUT LIFE ANNUITIES: LESSONS FROM GERMANY
Raimond Maurer, Ralph Rogalla, Ivonne Siegelin · Astin Bulletin · 2013 · 39 citations
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Repository · 1 publications · 16 citations
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