If you or your chidren are fans of the Nancy Drew or Hardy Boys series, then you will love the Bobbsey twins. Tales of great adventure. Many of the stories were actually written by the same authors Laura Lee Hope is a pen name for the same writers as both of those series.
This book presents a market-consistent valuation framework for implicit embedded options in life insurance contracts. This framework is used to perform an empirical analysis based on more than 110,000 actual and in-force life insurance policies and with a focus on the modeling of interest rates. Its results are the answer to the central question posed in the objectives: What value do the embedded options and guarantees considered have? This question is answered both absolutely and relative to the current policy reserves, from the perspective of the insurer, the policyholder and the shareholder respectively
Marine Trader Articles
Marine Trader Books