The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies:
A period of protracted low interest rates is a feasible, even if not the most likely, scenario going forward and such a scenario would adversely affect pension funds and insurance companies. Protracted low interest rates affect investment opportunities and have a potentially significant adverse effe...
Gespeichert in:
| 1. Verfasser: | |
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| Weitere Verfasser: | , |
| Format: | Elektronisch Buchkapitel |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2011
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| Schlagworte: | |
| Online-Zugang: | DE-384 DE-473 DE-824 DE-29 DE-739 DE-355 DE-20 DE-1028 DE-1049 DE-521 DE-861 DE-898 DE-92 DE-91 DE-573 DE-19 URL des Erstveröffentlichers |
| Zusammenfassung: | A period of protracted low interest rates is a feasible, even if not the most likely, scenario going forward and such a scenario would adversely affect pension funds and insurance companies. Protracted low interest rates affect investment opportunities and have a potentially significant adverse effect on life insurance companies and institutions whose liabilities consist of a fixed investment return or benefit promises, such as is the case for defined-benefit pension funds. It cannot be ruled out that the financial institutions affected engage in "gambling for redemption" in an attempt to match the level of return promised to beneficiaries when financial markets were more elevated |
| Beschreibung: | 1 Online-Ressource (20 Seiten) 21 x 28cm |
| DOI: | 10.1787/fmt-2011-5kg55qw0m56l |
Internformat
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Datensatz im Suchindex
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| index_date | 2024-07-03T19:35:10Z |
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| spelling | Antolin, Pablo Verfasser aut The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies Pablo Antolin, Sebastian Schich and Juan Yermo Paris OECD Publishing 2011 1 Online-Ressource (20 Seiten) 21 x 28cm txt rdacontent c rdamedia cr rdacarrier A period of protracted low interest rates is a feasible, even if not the most likely, scenario going forward and such a scenario would adversely affect pension funds and insurance companies. Protracted low interest rates affect investment opportunities and have a potentially significant adverse effect on life insurance companies and institutions whose liabilities consist of a fixed investment return or benefit promises, such as is the case for defined-benefit pension funds. It cannot be ruled out that the financial institutions affected engage in "gambling for redemption" in an attempt to match the level of return promised to beneficiaries when financial markets were more elevated Finance and Investment Schich, Sebastian ctb Yermo, Juan ctb https://doi.org/10.1787/fmt-2011-5kg55qw0m56l Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Antolin, Pablo The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies Finance and Investment |
| title | The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies |
| title_auth | The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies |
| title_exact_search | The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies |
| title_exact_search_txtP | The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies |
| title_full | The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies Pablo Antolin, Sebastian Schich and Juan Yermo |
| title_fullStr | The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies Pablo Antolin, Sebastian Schich and Juan Yermo |
| title_full_unstemmed | The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies Pablo Antolin, Sebastian Schich and Juan Yermo |
| title_short | The Economic Impact of Protracted Low Interest Rates on Pension Funds and Insurance Companies |
| title_sort | the economic impact of protracted low interest rates on pension funds and insurance companies |
| topic | Finance and Investment |
| topic_facet | Finance and Investment |
| url | https://doi.org/10.1787/fmt-2011-5kg55qw0m56l |
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