Surrender Risk in the Context of the Quantitative Assessment of Participating Life Insurance Contracts under Solvency II
Participating life insurance contracts entitle the policyholder to participate in the company’s annual surplus. Typically, they are also equipped with a surrender option that allows the policyholder to terminate the contract prior to maturity, receiving a predetermined surrender value. The...
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| Format: | Article |
| Language: | English |
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MDPI AG
2018-06-01
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| Series: | Risks |
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| Online Access: | http://www.mdpi.com/2227-9091/6/3/66 |