banking industry. Especially life insurance companies could serve as CoCo bond holders as they are already the largest … during the current low interest rate period. Our contribution provides an insight for life insurance companies to understand …

Traditional participating life insurance contracts with year-to-year (cliquet-style) guarantees have come under …

in the banking industry. Especially life insurance companies could serve as CoCo bond holders as they are already the … insurance and study the effects of various types of bonds such as non-convertible bonds, write-down bonds and CoCos on banks …

the bank and insurance sector by changing the funding patterns of banks as well as the investment strategies of life … insurance companies. Especially for life insurance companies, the current low interest rate environment poses a key risk since … declining returns on investments jeopardize the guaranteed return on life insurance contracts, a core component of traditional …

in the banking industry. Especially life insurance companies could serve as CoCo bond holders as they are already the … insurance and study the effects of various types of bonds such as non-convertible bonds, write-down bonds and CoCos on banks …

The problem of the valuation of life insurance payments with policyholder behavior is studied. First, a simple survival …