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Understanding Insurance Company Variable Annuities
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02 through December 2002 – in order to get a better sense of the actual volatility of This tendency leads to an increase annuity prices of about 10 percent as insurers must anticipate annuitants with a longer pected lifespan than average individuals in the general population. ... Access Full Source

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Annuity-immediate, __l, and in the case of the annuity-due, ] . This su art leads to the following formulas (using the notation that I have suggested): ~--~ 1 _ (i/k) and l a~/k) k _ a.-i su _ a--]. ar[ The 1/k on ... Fetch This Document

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ANNUITIES
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