Reinsurance An easy way for the insurer to manage the liability from options embeddedin equity-linked contracts is to buy options, equivalent to those they...
Description of the Data For segregated fund and variable-annuity contracts, the relevant data for a diversified equity fund or subaccount are the total returns...
INTRODUCTION It has been stated firmly in the previous chapter that this book will use stochastic methods to analyze and manage risks from investment...
Developing a customer relationship has a long-standing tradition in business. Small firms and many retailers are able to relate to their customers individually...
It’s difficult to read a newspaper or listen to the evening news without hearing something new about fat and its connection with disease. Diets that are high...
Peaches are round to oblong with a slight tip. Because of the hard seed, or “stone,” at their core, they are known as a “stone fruit,” or drupe. The fuzzy skin...