Update on Interest Sensitive Life Products - Actuary.com
Update on Interest Sensitive Life Products - Actuary.com
Update on Interest Sensitive Life Products - Actuary.com
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<strong>Interest</strong> Rates and Lapse Rates Correlated<br />
Depressed <strong>Interest</strong> Rate Envir<strong>on</strong>ment Results in Higher Value of<br />
Inherit Value of Opti<strong>on</strong> in C<strong>on</strong>tract<br />
– Increases the Probability the Policyholder Will Persist<br />
– Increases Likelihood of C<strong>on</strong>tract to Be Sold in <strong>Life</strong> Settlement Market<br />
Genworth Financial Fall 2004 Southeastern Actuarial C<strong>on</strong>ference<br />
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