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Variable annuities : an analysis of financial stability

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      <subfield code="a">Haefeli, Daniel</subfield>
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      <subfield code="a">Variable annuities </subfield>
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      <subfield code="a">The aim of this paper is to elaborate on the characteristics and management of variable annuities and to evaluate how variable annuities should be considered in the discussion on systemic risk in the insurance industry -- Variable annuities fulfil a compelling social need of the ageing population worldwide -- Variable annuities are carefully regulated products -- Variable annuities share many features of other insurance products</subfield>
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