Given the current market share of lifetime GMWBs and other living benefits on variable annuities, are we
adequately reflecting longevity risk in the pricing of these products? Is our current risk management
framework appropriately addressing the potential risks of these products?
Panelists will:
• Present an overview of best practices in pricing variable annuity/indexed annuity living benefits;
• Discuss the impact of policyholder behavior on the profitability of these products; and
• Discuss challenges faced when pricing such products, along with appropriately reflecting risk
mitigation techniques within the pricing of these products.