Special-Rate Life Annuities: Analysis of Portfolio Risk Profiles

Special-rate life annuities are life annuity products whose single premium is based on a mortality assumption driven (at least to some extent) by the health status of the applicant. The health status is ascertained via an appropriate underwriting step (which explains the alternative expression “unde...

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Bibliographic Details
Main Authors: Ermanno Pitacco, Daniela Y. Tabakova
Format: Article
Language:English
Published: MDPI AG 2022-03-01
Series:Risks
Subjects:
Online Access:https://www.mdpi.com/2227-9091/10/3/65