In this paper, we work on indifference valuation of variable annuities and give a computation method for indifference fees. We focus on the guaranteed minimum death benefits and the guaranteed minimum living benefits and allow the policyholder to make withdrawals. We assume that the fees are...

We study the valuation of variable annuities for an insurer. We concentrate on two types of these contracts that are the guaranteed minimum death benefits and the guaranteed minimum living benefits ones and that allow the insured to withdraw money from the associated account. As for many...

La question du champ couvert par la gouvernance d'entreprise n'est pas définitivement tranchée pas plus que ne l'est celle de la limite entre gouvernance et leadership. La question se pose donc bien de savoir ce que l'on entend par gouvernance aujourd'hui. Serait-elle à opposer à cet autre...