In this paper I first define the regime-switching lognormal model. Monthly data from the
Standard and Poor’s 500 and the Toronto Stock Exchange 300 indices are used to fit the model …

A comprehensive guide to investment guarantees in equity-linked life insurance Due to the
convergence of financial and insurance markets, new forms of investment guarantees are …

Under a guaranteed annuity option, an insurer guarantees to convert a policyholder's
accumulated funds to a life annuity at a fixed rate when the policy matures. If the annuity rates …

… Author links open overlay panel Julia Lynn Wirch , Mary R. … Artzner (1999) suggests a
coherent risk measure would be a better approach than the quantile reserve approach used …

Context Ephedra and ephedrine sometimes are used for weight loss or enhanced athletic
performance, but the efficacy and safety of these compounds are uncertain. Objective To …

The substantially updated third edition of the popular Actuarial Mathematics for Life Contingent
Risks is suitable for advanced undergraduate and graduate students of actuarial science, …

Cranberries (Vaccinium macrocarpon Ait.) are an excellent dietary source of phytochemicals
that include flavonol glycosides, anthocyanins, proanthocyanidins (condensed tannins), …

Objective. To examine costs and monetary benefits associated with substance abuse
treatment. Data Sources. Primary and administrative data on client outcomes and agency costs …

In examining basis risk in index longevity hedges, it is important not to ignore the dependence
between the population underlying the hedging instrument and the population being …

In times of health crisis, including the current COVID‐19 pandemic, the potential benefit of
botanical drugs and supplements emerges as a focus of attention, although controversial …