Market Risk Insurance Research Just Shared to the PRMIA Risk Library

For your continued learning, we are pleased to share an National Bureau of Economic Research report on market risk insurance, The Fragility of Market Risk Insurance. Amid changes in the life insurance model, authors Ralph Koijen of NYU Stern School of Business and Motohiro Yogo of Princeton University published this working paper on variable annuity contracts with minimum return guarantees to address what they believe is a gap in economic literature.