MODELLING THE GUARANTEE LIABILITY UNDER UNIT-LINKED CONTRACTS

Unit-linked contracts are wrapped with some death, maturity and accumulation guarantees such as the guaranteed minimum maturity benefit, the guaranteed minimum death benefit, the guaranteed minimum accumulation benefit, the guaranteed minimum income benefit, and/or the guaranteed minimum surrender b...

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Bibliographic Details
Main Authors: Cristina CIUMAȘ, Diana-Maria CHIȘ
Format: Article
Language:English
Published: Romanian Foundation for Business Intelligence 2015-04-01
Series:SEA: Practical Application of Science
Subjects:
Online Access: http://seaopenresearch.eu/Journals/articles/SPAS_7_25.pdf