In the management of deferred annuity business, the complex relationship of market interest rates and contract crediting rates on lapse rates is an important driver for block profitability. However, for most annuity writers, this relationship is not well understood.
Elucidor’s state-of-the-art Predictive Analytics can help annuity writers companies extract the maximum amount of information available from their historical data to help companies:
- Evaluate the effect on future profitability of alternative crediting rate strategies
- Improve asset-liability management by incorporating a dynamic analysis of crediting rate strategies and market interest rates
- Price products for improved profitability