{"id":"https://openalex.org/W2008125751","doi":"https://doi.org/10.1109/ieem.2011.6118008","title":"Pricing annuity insurance integrating mortality improvement risk, interest rate risk, insolvency risk and insurance demand","display_name":"Pricing annuity insurance integrating mortality improvement risk, interest rate risk, insolvency risk and insurance demand","publication_year":2011,"publication_date":"2011-12-01","ids":{"openalex":"https://openalex.org/W2008125751","doi":"https://doi.org/10.1109/ieem.2011.6118008","mag":"2008125751"},"language":"en","primary_location":{"id":"doi:10.1109/ieem.2011.6118008","is_oa":false,"landing_page_url":"https://doi.org/10.1109/ieem.2011.6118008","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2011 IEEE International Conference on Industrial Engineering and Engineering Management","raw_type":"proceedings-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5069693655","display_name":"Hong Mao","orcid":"https://orcid.org/0000-0002-1284-7490"},"institutions":[{"id":"https://openalex.org/I135905480","display_name":"Shanghai Polytechnic University","ror":"https://ror.org/02as5yg64","country_code":"CN","type":"education","lineage":["https://openalex.org/I135905480"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"H. Mao","raw_affiliation_strings":["School of Economics and Management, Shanghai Second Polytechnic University, Shanghai, China","School of Economics and Management, Shanghai Second Polytechnic University, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Economics and Management, Shanghai Second Polytechnic University, Shanghai, China","institution_ids":["https://openalex.org/I135905480"]},{"raw_affiliation_string":"School of Economics and Management, Shanghai Second Polytechnic University, China","institution_ids":["https://openalex.org/I135905480"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5063771207","display_name":"Krzysztof Ostaszewski","orcid":"https://orcid.org/0000-0003-3084-0476"},"institutions":[{"id":"https://openalex.org/I47301684","display_name":"Illinois State University","ror":"https://ror.org/050kcr883","country_code":"US","type":"education","lineage":["https://openalex.org/I47301684"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"K. M. Ostaszewski","raw_affiliation_strings":["Department of Mathematics, Illinois State University, Normal, IL, USA","Department of Mathematics, Illinois State University, Normal, U.S.A"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Mathematics, Illinois State University, Normal, IL, USA","institution_ids":["https://openalex.org/I47301684"]},{"raw_affiliation_string":"Department of Mathematics, Illinois State University, Normal, U.S.A","institution_ids":["https://openalex.org/I47301684"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5014193712","display_name":"Y. L. Wang","orcid":null},"institutions":[{"id":"https://openalex.org/I181679659","display_name":"Shanghai University of Finance and Economics","ror":"https://ror.org/00wtvfq62","country_code":"CN","type":"education","lineage":["https://openalex.org/I181679659"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Y. L. Wang","raw_affiliation_strings":["Shanghai University of Finance and Economics, Shanghai, China","Shanghai University of Finance and Economics, China,"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Shanghai University of Finance and Economics, Shanghai, China","institution_ids":["https://openalex.org/I181679659"]},{"raw_affiliation_string":"Shanghai University of Finance and Economics, China,","institution_ids":["https://openalex.org/I181679659"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.22880844,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"27","issue":null,"first_page":"704","last_page":"708"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12011","display_name":"Insurance, Mortality, Demography, Risk Management","score":0.9997000098228455,"subfield":{"id":"https://openalex.org/subfields/3317","display_name":"Demography"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12011","display_name":"Insurance, Mortality, Demography, Risk Management","score":0.9997000098228455,"subfield":{"id":"https://openalex.org/subfields/3317","display_name":"Demography"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12394","display_name":"Insurance and Financial Risk Management","score":0.9973999857902527,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.991599977016449,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/annuity","display_name":"Annuity","score":0.8491275310516357},{"id":"https://openalex.org/keywords/actuarial-science","display_name":"Actuarial science","score":0.7175698280334473},{"id":"https://openalex.org/keywords/insolvency","display_name":"Insolvency","score":0.7126059532165527},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.5078111290931702},{"id":"https://openalex.org/keywords/interest-rate","display_name":"Interest rate","score":0.4156005084514618},{"id":"https://openalex.org/keywords/auto-insurance-risk-selection","display_name":"Auto insurance risk selection","score":0.41411495208740234},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.3790198564529419},{"id":"https://openalex.org/keywords/life-annuity","display_name":"Life annuity","score":0.3421470522880554},{"id":"https://openalex.org/keywords/casualty-insurance","display_name":"Casualty insurance","score":0.2681926488876343},{"id":"https://openalex.org/keywords/insurance-policy","display_name":"Insurance policy","score":0.2552620470523834},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.22451090812683105},{"id":"https://openalex.org/keywords/pension","display_name":"Pension","score":0.05595347285270691}],"concepts":[{"id":"https://openalex.org/C44465351","wikidata":"https://www.wikidata.org/wiki/Q215579","display_name":"Annuity","level":4,"score":0.8491275310516357},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.7175698280334473},{"id":"https://openalex.org/C4163816","wikidata":"https://www.wikidata.org/wiki/Q757382","display_name":"Insolvency","level":2,"score":0.7126059532165527},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5078111290931702},{"id":"https://openalex.org/C175025494","wikidata":"https://www.wikidata.org/wiki/Q179179","display_name":"Interest rate","level":2,"score":0.4156005084514618},{"id":"https://openalex.org/C62172701","wikidata":"https://www.wikidata.org/wiki/Q4826138","display_name":"Auto insurance risk selection","level":4,"score":0.41411495208740234},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3790198564529419},{"id":"https://openalex.org/C76485209","wikidata":"https://www.wikidata.org/wiki/Q2510714","display_name":"Life annuity","level":3,"score":0.3421470522880554},{"id":"https://openalex.org/C22738907","wikidata":"https://www.wikidata.org/wiki/Q3813256","display_name":"Casualty insurance","level":3,"score":0.2681926488876343},{"id":"https://openalex.org/C68799949","wikidata":"https://www.wikidata.org/wiki/Q977871","display_name":"Insurance policy","level":2,"score":0.2552620470523834},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.22451090812683105},{"id":"https://openalex.org/C2780899237","wikidata":"https://www.wikidata.org/wiki/Q156223","display_name":"Pension","level":2,"score":0.05595347285270691}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/ieem.2011.6118008","is_oa":false,"landing_page_url":"https://doi.org/10.1109/ieem.2011.6118008","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2011 IEEE International Conference on Industrial Engineering and Engineering Management","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":8,"referenced_works":["https://openalex.org/W51626825","https://openalex.org/W1593540985","https://openalex.org/W2010307279","https://openalex.org/W2058215690","https://openalex.org/W2065538125","https://openalex.org/W2107295929","https://openalex.org/W3021444882","https://openalex.org/W3125642461"],"related_works":["https://openalex.org/W2345266632","https://openalex.org/W3125955007","https://openalex.org/W4235444118","https://openalex.org/W2040450743","https://openalex.org/W2153571918","https://openalex.org/W2382860492","https://openalex.org/W2603672468","https://openalex.org/W2497253584","https://openalex.org/W2353796426","https://openalex.org/W3124454045"],"abstract_inverted_index":{"In":[0],"this":[1],"paper,":[2],"we":[3],"discuss":[4],"the":[5,15,23,53],"pricing":[6,19,59],"of":[7,37,47,55,60],"annuity":[8,61],"insurance.":[9,62],"We":[10],"emphasize":[11],"how":[12],"to":[13,45],"consider":[14],"mortality":[16,56],"risk":[17,31],"in":[18,58],"model":[20],"and":[21,32,49],"at":[22],"same":[24],"time,":[25],"integrate":[26],"interest":[27],"rate":[28],"risk,":[29],"insolvency":[30],"insurance":[33],"demand.":[34],"The":[35],"results":[36],"our":[38],"analysis":[39],"show":[40],"that":[41],"it":[42],"is":[43],"beneficial":[44],"both":[46],"consumers":[48],"insurers":[50],"if":[51],"considering":[52],"factor":[54],"improvement":[57]},"counts_by_year":[],"updated_date":"2026-06-11T09:08:48.828518","created_date":"2025-10-10T00:00:00"}
