more robust, gives tradable parameters instantaneously and gives also instantaneously robust hedging parameters …

provided numerical experiments. As a by-product, these methods also derive a hedging strategy for the option, which can also be …

I study dynamic hedging for variable annuities under basis risk. Basis risk, which arises from the imperfect … correlation between the underlying fund and the proxy asset used for hedging, has a highly negative impact on the hedging … performance. I investigate whether the choice of a suitable hedging strategy can help to reduce the risk for the insurance company …