Our Company

1-10 of 19

Hedge Cost Index November 201606 December 2016 - By Adam Schenck and Daren Lockwood and Ram Kelkar and Xiaohong Mo - Article

The expected hedge cost for a hypothetical lifetime GMWB block is estimated to be 135 bps as of the end of November 2016, down 18 bps from the previous month, driven by an increase in long-term swap interest rates.

Hedge Cost Index October 201604 November 2016 - By Adam Schenck and Daren Lockwood and Ram Kelkar and Xiaohong Mo - Article

The expected hedge cost for a hypothetical lifetime GMWB block is estimated to be 153 bps as of the end of October 2016, down 17 bps from the previous month, driven by an increase in long-term swap interest rates.

Hedge Cost Index September 201605 October 2016 - By Adam Schenck and Daren Lockwood and Ram Kelkar and Xiaohong Mo - Article

The expected hedge cost for a hypothetical lifetime GMWB block is estimated to be 170 bps as of the end of September 2016, down 2 bps from the previous month, driven by an increase in long-term swap interest rates.

Hedge Cost Index August 201608 September 2016 - By Adam Schenck and Daren Lockwood and Ram Kelkar and Xiaohong Mo - Article

The expected hedge cost for a hypothetical lifetime GMWB block is estimated to be 172 bps as of the end of August 2016, up 4 bps from the previous month, driven by a decrease in long-term swap interest rates.

Hedge Cost Index July 201603 August 2016 - By Adam Schenck and Daren Lockwood and Ram Kelkar and Xiaohong Mo - Article

The expected hedge cost for a hypothetical lifetime GMWB block is estimated to be 168 bps as of the end of July 2016, up 3 bps from the previous month, driven by a decrease in long-term swap interest rates.

Hedge Cost Index June 201605 July 2016 - By Adam Schenck and Daren Lockwood and Ram Kelkar and Xiaohong Mo - Article

The expected hedge cost for a hypothetical lifetime GMWB block is estimated to be 165 bps as of the end of June 2016, up 17 bps from the previous month, driven by a large decrease in long-term swap interest rates.

Hedge Cost Index May 201603 June 2016 - By Adam Schenck and Daren Lockwood and Ram Kelkar and Xiaohong Mo - Article

The expected hedge cost for a hypothetical lifetime GMWB block is estimated to be 148 bps as of the end of May 2016, up 2 bps from the previous month, driven by a slight decrease in long-term swap interest rates.

Hedge Cost Index April 201603 May 2016 - By Adam Schenck and Daren Lockwood and Ram Kelkar and Xiaohong Mo - Article

The expected hedge cost for a hypothetical lifetime GMWB block is estimated to be 146 bps as of the end of April 2016, down 2 bps from the previous month, driven by a slight increase in long-term swap interest rates.

Hedge Cost Index March 201604 April 2016 - By Adam Schenck and Daren Lockwood and Ram Kelkar and Xiaohong Mo - Article

The expected hedge cost for a hypothetical lifetime GMWB block is estimated to be 148 bps as of the end of March 2016, down 4 bps from the previous month, driven by an increase in long-term swap interest rates.

Hedge Cost Index February 201602 March 2016 - By Adam Schenck and Daren Lockwood and Ram Kelkar and Xiaohong Mo - Article

The expected hedge cost for a hypothetical lifetime GMWB block (see Index Methodology) is estimated to be 152 bps as of the end of February 2016, up 12 bps from the previous month.


  • Work at Milliman

    • “I was offered a chance to come in, shake things up, create something."
    Work at Milliman