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Valuation of policyholder dividends in a market-consistent framework (Working Paper)

ByAldo Balestreri, Luca Cavaliere, Christophe Vallet, Takanori Hoshino, and Takahiro Kinoshita
11 June 2012

This report introduces modeling practices currently observed in France, Italy, and Japan in order to illustrate various issues that many companies are facing when modeling policyholder dividends under a market-consistent framework.


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Christophe Vallet

Takahiro Kinoshita

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