Variable annuities
Put options power up variable annuities
Insurance quants increase risk-adjusted profits using novel hedging technique
Prudential Financial braces for higher lapse risk
Net redemptions hit $1.2 billion at US insurance giant
Insurers’ losses shine light on swaps accounting
FASB seeking to iron out swaps mismatches that hit MetLife, Manulife and others
Move to vol-controlled funds adds new complexities for VA
Market and regulatory pressure is driving product innovation from insurers
Equity derivatives house of the year: Credit Suisse
Innovative product development and risk recycling power bank to record year
Negative rates force decline in yen life products
Japan’s life firms are increasingly focused on foreign-currency products
US fiduciary duty rules: a Labored delivery
Seismic changes rattle the market, but structured products could stand to gain
US fiduciary rules could clear path for structured products
Issuers could benefit from new Department of Labor regulation
Totally skewed: US annuity hedges magnify S&P volatility
Dealer hedging of popular retirement products affecting index greeks, say traders
Best bank, equity risk: Societe Generale
SG wins with jumbo trades and product innovation
Deal of the year: BNP Paribas
BNP Paribas Axa Variable Annuity tops deal of the year category
Best in Japan: Societe Generale
Societe Generale wins Structured Products' best in Japan award
UK annuity providers seek inspiration from abroad
US and Scandinavia supply template for product innovation
New annuities are structured products in all but name
Buffers and baskets have appeal beyond structured notes and CDs
Japan insurers look to hedge out legacy VA positions
Rise in equity markets makes it less costly for insurers to de-risk
Variable annuity sales recover in Japan as insurers revise hedging strategies
Simplified product design and buoyant equity markets combine to revive Japan VA market
Irish variable annuity companies braced for new reporting requirements
Regulator introduces new risk monitor to scrutinise market risks and act as early-warning indicator
US insurers overhaul lapse risk assumptions
Switch to predictive models to provide better understanding of risk
Liability modelling speeds boosted by computer games technology
As insurers look for ways to improve the speed of their modelling calculations, some are turning to microprocessors originally developed for computer graphics in games consoles to increase calculation times. But while graphical processing units can…
Economic woes and regulation add to VA hedging challenge
Jumping the hedge
Variable annuity products must avoid the derivatives witch hunt
Variable annuity products must avoid the derivatives witch hunt