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On the Propensity to Surrender a Variable Annuity Contract: An Empirical Analysis of Dynamic Policyholder Behavior

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  • Christian Knoller
  • Gunther Kraut
  • Pascal Schoenmaekers

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  • Christian Knoller & Gunther Kraut & Pascal Schoenmaekers, 2016. "On the Propensity to Surrender a Variable Annuity Contract: An Empirical Analysis of Dynamic Policyholder Behavior," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 83(4), pages 979-1006, December.
    • Handle: RePEc:bla:jrinsu:v:83:y:2016:i:4:p:979-1006
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    Cited by:

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    2. Lambregts, Timo R. & Schut, Frederik T., 2020. "Displaced, disliked and misunderstood: A systematic review of the reasons for low uptake of long-term care insurance and life annuities," The Journal of the Economics of Ageing, Elsevier, vol. 17(C).
    3. Harcourt, Darcy & Daglish, Toby & Ulm, Eric R., 2024. "Analytic valuation of guaranteed lifetime withdrawal benefits with a modified ratchet," Insurance: Mathematics and Economics, Elsevier, vol. 118(C), pages 59-71.
    4. Ballotta, Laura & Eberlein, Ernst & Schmidt, Thorsten & Zeineddine, Raghid, 2021. "Fourier based methods for the management of complex life insurance products," Insurance: Mathematics and Economics, Elsevier, vol. 101(PB), pages 320-341.
    5. Fang, Hanming & Wu, Zenan, 2020. "Life insurance and life settlement markets with overconfident policyholders," Journal of Economic Theory, Elsevier, vol. 189(C).
    6. Srbinoski Bojan & Strozzi Fernanda & Poposki Klime & Born Patricia H., 2020. "Trends in Life Insurance Demand and Lapse Literature," Asia-Pacific Journal of Risk and Insurance, De Gruyter, vol. 14(2), pages 1-46, July.
    7. Thorsten Moenig, 2021. "Efficient valuation of variable annuity portfolios with dynamic programming," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 88(4), pages 1023-1055, December.
    8. Lee, Hangsuck & Jeong, Himchan & Lee, Gaeun, 2023. "Valuing rebate options and equity-linked products," The North American Journal of Economics and Finance, Elsevier, vol. 68(C).
    9. Ungolo, Francesco & van den Heuvel, Edwin R., 2024. "A Dirichlet process mixture regression model for the analysis of competing risk events," Insurance: Mathematics and Economics, Elsevier, vol. 116(C), pages 95-113.
    10. Zhiyi Shen, 2022. "Out-of-Model Adjustments of Variable Annuities," Papers 2208.12838, arXiv.org.
    11. Moenig, Thorsten, 2021. "Variable annuities: Market incompleteness and policyholder behavior," Insurance: Mathematics and Economics, Elsevier, vol. 99(C), pages 63-78.
    12. Francesca Biagini & Tobias Huber & Johannes G. Jaspersen & Andrea Mazzon, 2021. "Estimating extreme cancellation rates in life insurance," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 88(4), pages 971-1000, December.

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