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Hedge Cost Index November 201903 December 2019 - By Ram Kelkar and Daren Lockwood and Xiaohong Mo and Adam Schenck - Article

The expected hedge cost for a hypothetical GLWB block (see Index Methodology1) is estimated to be 192 bps as of the end of November 2019, up 1 basis point from the previous month, driven by a slight decrease in long-term interest rates.

Hedge Cost Index October 201901 November 2019 - By Ram Kelkar and Daren Lockwood and Xiaohong Mo and Adam Schenck - Article

The expected hedge cost for a hypothetical GLWB block (see Index Methodology1) is estimated to be 191 bps as of the end of October 2019, down 10 basis points from the previous month, driven by an increase in long-term interest rates.

The end of LIBOR25 October 2019 - By Ram Kelkar and David Schreiner and Jeanne Russo and Josh Dobiac - Article

Major initiatives are under way to reform interest rate benchmarks and move away from Interbank Offered Rates (IBOR) to overnight near risk-free rates.

Hedge Cost Index September 201903 October 2019 - By Ram Kelkar and Daren Lockwood and Xiaohong Mo and Adam Schenck - Article

The expected hedge cost for a hypothetical GLWB block (see Index Methodology1) is estimated to be 201 bps as of the end of September 2019, down 10 basis points from the previous month, driven by an increase in long-term interest rates.

Hedge Cost Index August 201905 September 2019 - By Ram Kelkar and Daren Lockwood and Xiaohong Mo and Adam Schenck - Article

The expected hedge cost for a hypothetical GLWB block (see Index Methodology1) is estimated to be 211 bps as of the end of August 2019, up 38 basis points from the previous month, driven by a decrease in long-term interest rates.

Hedge Cost Index July 201902 August 2019 - By Ram Kelkar and Daren Lockwood and Xiaohong Mo and Adam Schenck - Article

The expected hedge cost for a hypothetical GLWB block is estimated to be 173 bps as of the end of July 2019.

Hedge Cost Index June 201901 July 2019 - By Ram Kelkar and Daren Lockwood and Xiaohong Mo and Adam Schenck - Article

The expected hedge cost for a hypothetical GLWB block (see Index Methodology1) is estimated to be 173 bps as of the end of June 2019, up 14 basis points from the previous month, driven by a decrease in long-term interest rates.

Hedge Cost Index May 201906 June 2019 - By Ram Kelkar and Daren Lockwood and Xiaohong Mo and Adam Schenck - Article

The expected hedge cost for a hypothetical lifetime GMWB block is estimated to be 159 bps as of the end of May 2019, up 17 basis points from the previous month, driven by a decrease in long-term interest rates.

Hedge Cost Index March 201904 April 2019 - By Ram Kelkar and Daren Lockwood and Xiaohong Mo and Adam Schenck - Article

The expected hedge cost for a hypothetical lifetime GMWB block is estimated to be 129 bps as of the end of March 2019, up 12 basis points from the previous month, driven by a decrease in long-term interest rates.

Hedge Cost Index December 201803 January 2019 - By Ram Kelkar and Daren Lockwood and Xiaohong Mo and Adam Schenck - Article

The expected hedge cost for a hypothetical lifetime GMWB block (see Index Methodology1) is estimated to be 116 bps as of the end of December 2018, up 13 basis points from the previous month, driven by a decrease in long-term interest rates.


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