equity premium and longevity insurance in her retirement portfolio. Even without bequests, she will not fully annuitize …

-linked insurance policy is a good investment. If we pursue pure, immediate profitability, we can choose another investment, as the … primary function of insurance is not of investment, but of protection. Unit linked is a new product that preserves its modern …Today, when nothing can be imagined without the insurance system, as any house, car, or credit or new life …

and objectives for the first stages of insurance data analysis have been sketched out. Scale hypotheses, insurance and … investment problems have been formulated. …

protection in life insurance policy, although in these times people’s need to be protected is much higher. Having in mind our … possible future situation, when we might be in an economic impasse, the solution could be to contract a life insurance, which …

and inclusion in financial models. However, short positions in annuities can be replicated using life insurance and debt … for the annuity puzzle, arbitrage between the annuity and life insurance markets, and speculation on expected longevity …

and their inclusion in financial models. However, short positions in annuities can be replicated using life insurance and … this result for the annuity puzzle, arbitrage between the annuity and life insurance markets, and speculation on expected …

Interest rate guarantees seem to be included in life insurance and pension products in most countries. The exact … implementations of these guarantees vary from country to country and are often linked to different distribution of investment surplus … intended to capture practice in each country. All these contracts include rather sophisticated investment surplus distribution …

insurance companies. Thanks to risk capital allocation methods and linearity of the loss model, sub-portfolio (or position …

Payments of life insurance products depend on the uncertain future evolution of survival probabilities. This … the effect of financial risk. We find that investment risk significantly affects the impact of longevity risk in life … insurance products. It also significantly affects the hedge potential that arises from combining life insurance products, or …