We are pleased to announce that our long-waited ‘definitive’ article on ERM valuation has just been published in the Journal of Demographic Economics. The full citation is:
Buckner, K. Dowd and H. Hulley (2023) “A Market Consistent Approach to the Valuation of No-Negative Equity Guarantees and Equity Release Mortgages.” Journal of Demographic Economics Vol 89, pp. 349–372. https://doi.org/10.1017/dem.2023.6.
We welcome Dr. Hardy Hulley from UTS Sydney to our ERM working party.
Another brick in the wall tank on the lawn for the Institute and Faculty of Actuaries.
Anyone who has any trouble downloading the article please just drop us a line and we will send it to you.