Author Description

"Investment Guarantees: Modeling and Risk Management for Equity-Linked Life Insurance is a comprehensive guide that combines the econometric analysis of these investment models with their applications in pricing and risk management.". "Designed with all equity-linked life insurance practitioners in mind, you'll find both approaches to risk management of equity-linked insurance - the "actuarial" approach and the dynamic hedging approach - presented, discussed, and extensively illustrated with examples. Investment Guarantees opens with a discussion of various models, moves through modeling techniques, and addresses risk management in a straightforward, accessible manner."--BOOK JACKET.