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NATURAL HEDGING OF LIFE AND ANNUITY MORTALITY RISKS
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ABSTRACT
The values of life insurance and annuity liabilities move in opposite directions in response to a change in the underlying mortality. Natural hedging utilizes this to stabilize aggregate liability cash flows. We find empirical evidence that suggests that annuity writing insurers who have more balanced business in life and annuity risks also tend to charge lower premiums than otherwise similar insurers. This indicates that insurers who have a natural hedge have a competitive ad...
Related newspaper, magazine, and journal articles from HighBeam Research
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Life Insurance for Retirees?; Experts Say Some People Need It, Some Don't
The Washington Post
; For many workers, life insurance is a way to provide their families with a substitute paycheck. It's a hedge against untimely death and the resulting struggles with mortgages and college tuitions. So the question arises for retirees: Do I need life insurance? The answer: "It depends." "The classic
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Survey: client-driven agents find most success. (life insurance agents)
National Underwriter Life & Health-Financial Services Edition
; To really succeed as a life insurance professional means that you do not just sell life insurance. This is one of the key findings from a four-year study of 311 top insurance producers from a broad spectrum of affiliations, including but not limited to producer groups, brokers, personal producing
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Consumer interest in life insurance is growing, LIMRA study finds.(MARKETS)
National Underwriter Life & Health
; A 30-YEAR DECLINE IN HOUSEHOLD ownership of individual life insurance policies appears to have ended, according to LIMRA International, Windsor, Conn. A new LIMRA study found that 50% of U.S. households owned some individual life insurance, the same level as the last time it surveyed consumers on
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To hedge or not to hedge: managing demographic risk in life insurance companies.
Journal of Risk and Insurance
; ABSTRACT Demographic risk, i.e., the risk that life tables change in a nondeterministic way, is a serious threat to the financial stability of an insurance company having underwritten life insurance and annuity business. The inverse influence of changes in mortality laws on the market value of life
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Know what to ask your life insurance agent
New Straits Times
; New Straits Times 07-11-2004 Know what to ask your life insurance agent Edition: New Sunday Times; 2* Section: Business Column: Insuring life FOO Ah Seng is buying a life insurance policy for the first time and one of his best friends recommended a life insurance agent to see him, a complete
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Meeting unexpected challenges to life insurance.(political action of American Council of Life Insurance)(Editorial)
National Underwriter Life & Health-Financial Services Edition
; It is, perhaps, a tribute to the importance of life insurance that challenges to its traditional role in the American economy can come from some pretty unexpected directions. We have witnessed some of those challenges recently. The drafters of two model uniform state laws - the Uniform Probate Code
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Do Seniors Need Life Insurance?; Family's Needs Should Be Weighed
The Washington Post
; Washington financial planner William G. Brennan has a wealthy client who insisted on buying a million-dollar life insurance policy when he turned 50. "There was no economic reason for it. It was just personal. He wanted the policy to make sure that his family would have a large amount of money when
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How to get more life insurance for less money.(Focus: BANKING * FINANCE * ACCOUNTING * STOCKS * INVESTING LAW)
Westchester County Business Journal
; Life insurance is an important and highly flexible financial tool. But too often it is purchased for a specific purpose, then all but forgotten. As a result, it may no longer be the right policy for your current needs. Chances are, your life has changed since you last bought life insurance. The
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Knowing when to buy life insurance
Intelligencer Journal Lancaster, PA
; Q I recently saw your article regarding kid's life insurance. You stated that with all the benefits and drawbacks of buying a child life insurance, that it is a poor idea. What I was wondering was your position on life insurance in general. As an insurance agent, I do have a slighted point of view.
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Mergers and retirements.(Corporate Changes)(Aetna Dental Inc., Acacia National Life Insurance Co merged into Acacia Life Insurance Co., )
Best's Review
; Acacia National Life Insurance Co., Washington, D.C., merged into Acacia Life Insurance Co. Aetna Dental Inc. (a Pennsylvania corporation), Blue Bell, Pa., merged into Aetna Life Insurance Co. during April. Aetna Dental Inc. (a Delaware corporation), Wilmington, Del., merged into Aetna Life
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