Market volatility has many insurance companies focused on approaches to limit their risk exposure from variable annuity products - often through a combination of scaling back benefits and increasing fees. Insurers seeking competitive advantage have also pioneered several new approaches to managing volatility risk in their variable annuity products, beyond simply sourcing Vega hedges from the OTC derivatives market, through sophisticated product design. Among them, target volatility funds and fee-indexing.
Join Numerix on November 15, 2012 at 10:30am EST as featured speaker Mark Hadley, FSA, CFA, Vice President, Financial Engineering, will:
- Review the “classic” Guaranteed Lifetime Withdrawal Benefit (GLWB) design
- Evaluate emerging product design approaches
- Illustrate how target volatility strategies transform the GLWB risk profile
- Compare the target volatility approach to a VIX-indexed fee design
This Webinar is complimentary, but registration is required as space is limited.
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