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  • Executive Summary

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    Ravi Rajiv Upadhyay
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    A method is provided for managing risk associated with financial products like annuities. The method involves an annuity provider issuing a contract to an owner with rider options and features like withdrawal benefits and asset allocation models. The owner's assets are initially allocated to their selected model, but if during withdrawals the owner's model is found to be too aggressive, the assets will automatically be reallocated to a more moderate model.

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    Executive Summary (1)

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    A method is provided for managing risk associated with financial products like annuities. The method involves an annuity provider issuing a contract to an owner with rider options and features like withdrawal benefits and asset allocation models. The owner's assets are initially allocated to their selected model, but if during withdrawals the owner's model is found to be too aggressive, the assets will automatically be reallocated to a more moderate model.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
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    6 views1 page

    Executive Summary

    Uploaded by

    Ravi Rajiv Upadhyay
    A method is provided for managing risk associated with financial products like annuities. The method involves an annuity provider issuing a contract to an owner with rider options and features like withdrawal benefits and asset allocation models. The owner's assets are initially allocated to their selected model, but if during withdrawals the owner's model is found to be too aggressive, the assets will automatically be reallocated to a more moderate model.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Financial Product Risk Mitigation System and Method

    A method for managing risk associated with financial product is provided. The method includes an annuity provider issuing an annuity contract to a contract owner with some rider options. The method further includes an annuity provider providing the owner with features such as a withdrawal benefit option and different asset allocation models (Pre-defined/custom models). The method allocates a first asset of the financial

    product(s) to an asset allocation model selected by the contract owner. During a withdrawal phase, if owner-selected asset model finds to be aggressive than a target allocation model, then the owner-selected asset allocation model is automatically reallocated to a second moderate model.

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