Abstract

http://ssrn.com/abstract=2182360
 


 



An Insurer's Accountability for Variable Pension Annuity


Mahito Okura


Nagasaki University

November 29, 2012

The IUP Journal of Applied Economics, Vol. XI, No. 4, pp. 60-71, October 2012

Abstract:     
The purpose of this research is to investigate the insurer’s accountability effort associated with the sale of variable pension annuities. For the purpose of the study, a very simple model is built and two propositions are derived. The success probability of the investment exceeding a certain value is the necessary condition for selling the variable pension annuities. An increase in this success probability always increases the level of equilibrium pension premium, but not necessarily the level of equilibrium accountability effort.

Accepted Paper Series


Not Available For Download

Date posted: November 29, 2012  

Suggested Citation

Okura, Mahito, An Insurer's Accountability for Variable Pension Annuity (November 29, 2012). The IUP Journal of Applied Economics, Vol. XI, No. 4, pp. 60-71, October 2012. Available at SSRN: http://ssrn.com/abstract=2182360

Contact Information

Mahito Okura (Contact Author)
Nagasaki University ( email )
Katafuchi
Nagasaki
Nagasaki 850-8506
Japan
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