Finally, this paper studies the theoretical price and hedging strategy of the insured mutual fund redemption value program and variable annuity incorporating guaranteed minimum accumulation benefit.

最后，本文从理论上讨论保险的共同基金兑现价值计划和含最低积累受益的可变年金的定价和对冲策略。

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The one-time blue-chip insurer was thrown into turmoil in 2000 after it lost a legal battle over bonus payments to guaranteed annuity rate policies.

BBC: Quitting stock market 'saved' Equitable

The mutual society got into trouble when it miscalculated how much it would have to pay out for its Guaranteed Annuity Rate (GAR) life insurances policies.

BBC: NEWS | Business | Equitable drops High Court action

The aim of the deal is to strike a fair compromise between both groups, primarily by crystallising and reducing the potential liability of the guaranteed annuity rates.

ECONOMIST: Now the insurer has to win support for its long-awaited deal