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Dokumenttyp:
Zeitschriftenaufsatz 
Autor(en):
Brunner, B.; Krayzler, M.; Zagst, R. 
Nicht-TUM Koautoren:
ja 
Kooperation:
national 
Titel:
Closed-form solutions for Guaranteed Minimum Accumulation Benefits 
Abstract:
Guaranteed Minimum Accumulation Benefit (GMAB) is one of the variable annuity products, i.e. new type of insurance and retirement products offering participation at the financial markets and the guarantees at the same time. In particular, GMAB offers at maturity the maximum of account value and some guaranteed benefit. This paper considers four most popular options for this guaranteed amount: capital protection, minimum interest return, ratchet and the maximum of them. As these products are expo...    »
 
Stichworte:
Variable Annuities, Gauranteed Minimum Accumulation Benefit, Hybrid Model 
Intellectual Contribution:
Contribution to Practice 
Zeitschriftentitel:
European Actuarial Journal 
Journal gelistet in FT50 Ranking:
nein 
Jahr:
2016 
Band / Volume:
Heft / Issue:
Seitenangaben Beitrag:
197-231 
Reviewed:
ja 
Sprache:
en 
Status:
Verlagsversion / published 
TUM Einrichtung:
Lehrstuhl für Finanzmathematik 
Key publication:
Nein 
Peer reviewed:
Nein 
International:
Ja 
Book review:
Nein 
commissioned:
not commissioned 
Professional Journal:
Nein 
Interdisziplinarität:
Nein