The valuation of Market Risk Benefits (MRBs) on fixed indexed annuities (FIAs) is an area where there is a wide range of approaches emerging and a lack of industry consensus. This paper focuses on the cash flow modeling aspects of MRBs on FIA contracts, especially the methodology for projecting indexed account growth.
Fixed indexed annuities with Market Risk Benefits
28 January 2020
Fixed indexed annuities with Market Risk Benefits