European Parliament Library

Denmark :, Financial Sector Assessment Program: Technical Note: Pensions with Profit Contracts

Abstract
This technical note examines pensions with profit contracts in Denmark. The Danish life insurance and pension sector is sensitive to a range of risks on both the asset and liability side of the balance sheet. One of the principal vulnerabilities for the sector arises out of the requirement to achieve a high guaranteed return for the duration of “in-force” policies. Although several measures have been implemented to increase provisions and capital, and for hedging interest rate risk through derivatives, the overall risk in the pension sector still needs to be closely monitored
Table Of Contents
Cover; Contents; Executive Summary; I. Introduction; II. Pension Products; Box; 1. Selected Options to Address Contracts with a Guaranteed Yield; Tables; 1. Distribution of Different Products of Life Insurance Companies and General Pension Funds, 2000-05; 2. ROE for Life Insurance Companies and General Pension Funds, 2000-05; III. Investments; 3. Distribution of Investments of Life Insurance Companies and General Pension Funds, 2000-05; Figures; 1. Development in Finanstilsynet's Discount Rate and the KFX Index, 2004; IV. Asset Liability Management
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (23 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781452752891

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