LIBROS DEL AUTOR: nils rufenacht

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  • Implicit Embedded Options in Life Insurance Contracts
    Nils Rüfenacht
    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 va...
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