GLWB Dictionary, Encyclopedia and Thesaurus - The Free Dictionary13,860,929,422visits served TheFreeDictionary Google ? Keyboard Word / Article Starts with Ends with Text EnglishEspañolDeutschFrançaisItalianoالعربية中文简体PolskiPortuguêsNederlandsNorskΕλληνικήРусск...
A guaranteed lifetime withdrawal benefit (GLWB) is a rider that can be added to a variable annuity that offers protection against market losses. Depending on the issuer and annuity, the GLWB may offer a “stepped-up” benefit if the investments in the annuity subaccounts gain value. ...
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(GLWB)进行定价研究.首先给出了在固定利率和固定死亡率下GLWB定价公式.再建立了引入随机利率模型和随机死亡率模型后的GLWB定价公式,然后运用蒙特卡罗方法对GLWB的定价... 刘革,凌娟 - 《保险职业学院学报》 被引量: 0发表: 2016年 随机利率模型下的变额年金定价研究 在随机利率环境下,当标的资产服从几何布朗运动时...
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To understand the different impacts of stochastic volatility and stochastic interest rate over such a long maturity contract, we price the GLWB VA according to two models: the Heston model, which provides stochastic volatility, and the Black–Scholes Hull–White model, which provides stochastic intere...
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