| Description |
1 online resource (xxv, 167 pages) |
| Series |
Contributions to management science, 1431-1941 |
|
Contributions to management science.
|
| Contents |
Introduction -- Theoretical Considerations Regarding Embedded Options -- Asset Modelling Process -- Liability Modelling Process -- An Empirical Analysis Using the Entire Modelling Approach -- Conclusion |
|
Understanding the Construct of Positive Well-Being and Happiness -- Why Study Children's and Adult's Well-Being, Including Their Happiness? -- The Assessment of Happiness in Adults and Children -- Predictors and Correlates of Well-Being -- Similarities and Differences: Correlations and Predictors of Positive Well-Being in Adults and Children -- Application of Theory to Positive Well-Being in Children -- Individual Differences -- Are Children Happy? -- Enhancing Children's Well-Being -- Future Research -- Conclusion |
| Summary |
Annotation 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 |
| Analysis |
Economics |
|
Finance |
|
Economics/Management Science |
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Insurance |
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Quantitative Finance |
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Finance/Investment/Banking |
| Notes |
Diss. (Ph. D.)--University of Basel, 2011 |
| Bibliography |
Includes bibliographical references and index |
| Notes |
English |
| Subject |
Life insurance -- Valuation
|
|
BUSINESS & ECONOMICS -- Insurance -- Life.
|
|
Science économique.
|
|
Affaires.
|
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Life insurance -- Valuation
|
| Genre/Form |
masters theses.
|
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theses.
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doctoral dissertations.
|
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dissertations.
|
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Academic theses
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Academic theses.
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Thèses et écrits académiques.
|
| Form |
Electronic book
|
| ISBN |
9783790828436 |
|
3790828432 |
|
