In comparing an immediate life annuity with a payout-equivalent investment fund payout plan (self-annuitization), research to date has focused mainly on shortfall probabilities of self-annuitization. As an exception, Schmeiser and Post (2005) propose a family strategy where the chances of...

In this article, we have examined various approaches to valuing a new type of contract emanating from the area of quot;Alternative Risk Transferquot;, a so-called double-trigger reinsurance contract. A double-trigger contract pays off if a certain condition from the underwriting area is...

In their 2001 "Journal of Risk and Insurance" article, Stewart C. Myers and James A. Read Jr. propose to use a specific capital allocation method for pricing insurance contracts. We show that in their model framework no capital allocation to lines of business is needed for pricing insurance...