五千年(敝帚自珍)

主题:【讨论】FT的最近两则关于美国的报道 -- 联储主席

共:💬32 🌺116
全看树展主题 · 分页首页 上页
/ 3
下页 末页
家园 well, not sure i fully agree

i agree that there are embedded options sold to the policyholders if the policy is cancellable and with a guaranteed rate.

However, it is common practice and relaively cheap to hedge these embedded options with swaptions. Overall, insurance companies are relatively safe unless they are doing crazy things like AIG.

家园 how about Manulife?

Manulife does not sell financial insurance products such as CDS.

Not all insurance companies are so conservative and duration neutral.

全看树展主题 · 分页首页 上页
/ 3
下页 末页


有趣有益,互惠互利;开阔视野,博采众长。
虚拟的网络,真实的人。天南地北客,相逢皆朋友

Copyright © cchere 西西河