{"title":"德国人寿保险的利润分享和市场一致的隐含价值技术说明","authors":"Christian Wiehenkamp","doi":"10.2139/ssrn.1869967","DOIUrl":null,"url":null,"abstract":"This technical note highlights the functioning of the profit sharing mechanism of life insurance products using the example of classical German life contracts. The profit sharing and guarantee features of these contracts are potentially very costly from a capital requirements perspective, making an understanding of the technical payout profile and reporting properties vital for a proper discussion of the Solvency II impact on product design.","PeriodicalId":29865,"journal":{"name":"Connecticut Insurance Law Journal","volume":null,"pages":null},"PeriodicalIF":0.4000,"publicationDate":"2011-06-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":"{\"title\":\"Technical Note on Profit Sharing and Market-Consistent Embedded Value in German Life Insurance\",\"authors\":\"Christian Wiehenkamp\",\"doi\":\"10.2139/ssrn.1869967\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This technical note highlights the functioning of the profit sharing mechanism of life insurance products using the example of classical German life contracts. The profit sharing and guarantee features of these contracts are potentially very costly from a capital requirements perspective, making an understanding of the technical payout profile and reporting properties vital for a proper discussion of the Solvency II impact on product design.\",\"PeriodicalId\":29865,\"journal\":{\"name\":\"Connecticut Insurance Law Journal\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":0.4000,\"publicationDate\":\"2011-06-27\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"1\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Connecticut Insurance Law Journal\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/ssrn.1869967\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"LAW\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Connecticut Insurance Law Journal","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.1869967","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"LAW","Score":null,"Total":0}
Technical Note on Profit Sharing and Market-Consistent Embedded Value in German Life Insurance
This technical note highlights the functioning of the profit sharing mechanism of life insurance products using the example of classical German life contracts. The profit sharing and guarantee features of these contracts are potentially very costly from a capital requirements perspective, making an understanding of the technical payout profile and reporting properties vital for a proper discussion of the Solvency II impact on product design.