Valuation of Guaranteed Lifelong Withdrawal Benefits for Insurance Products : Monte Carlo Approach
碩士 === 東吳大學 === 財務工程與精算數學系 === 102 === In this thesis, we deal with the problem of financial valuation of Variable Annuities (VAs)with guaranteed lifelong withdrawal benefits （GLWB）. We assume the invested fund of the GLWB follows a Geometric Brownian Motion （GBM）. We consider products without accum...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | zh-TW |
| Published: |
2014
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| Online Access: | http://ndltd.ncl.edu.tw/handle/f6xuu4 |