Sunrise on Japanese VA hedging

Sunrise on Japanese VA hedging

Tokyo big wheel

As ING’s proposed sale of its Asian insurance units shows, legacy exposures from high-guarantee variable annuities (VAs) sold in Japan before the financial crisis continue to plague international insurers. The reported lack of interest in ING’s Japanese business, which is dominated by €18 billion (£11 billion) of variable annuity (VA) liabilities written between 1999 and 2009, has led the Dutch bank to offer to split its Asian business as buyers attempt to avoid any nasty surprises that might

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: