Month: May 2023
#361 | Cap Price Pressure
Quick Take When AG 49 was adopted in 2015, it established the supremacy of a single crediting methodology - an S&P 500 annual point-to-point with a 0% Floor, 100% participation rate and non-guaranteed Cap. This Benchmark Index Account is what…
#360 | Quantifying Sequence of Return Risk with LISA
Full Article Risk is a fiendishly difficult thing to quantify. In financial theory, risk is usually quantified in terms of standard deviation – the greater the variance, the greater the risk. Famously, Nassim Taleb popularized the idea of “black swan”…
#359 | The New Weapons of AG 49-B
This article assumes a base level of knowledge about Indexed UL illustrations, the previous forms of AG 49, the impact of using engineered indices with fixed interest bonuses and the basic mechanics of the recent revisions to AG 49-A, colloquially…
