Close Close

Life Health > Annuities > Variable Annuities

Tillinghast Develops Annuity Management Tools

Your article was successfully shared with the contacts you provided.

NU Online News Service, April 13, 2005, 3:45 p.m. EDT

An actuarial firm has introduced 2 software programs for life insurers that write variable annuities.[@@]

The firm, Tillinghast, Stamford, Conn., an arm of Towers Perrin Inc., is selling a Variable Annuity Reserves system and a VA Hedging system.

The reserves system can help insurers cope with growing pressure to adopt new statistical methods for analyst product risk. Insurers can use the system to analyze how an annuity and its guarantees will behave in thousands of possible scenarios.

The hedging system can help insurers analyze and hedge against stock market risks that might affect variable annuity product guarantees, Tillinghast says.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.