The expected hedge cost for a hypothetical GLWB block (see Index Methodology1) is estimated to be 200 bps as of the end of January 2020, up 18 basis point from the previous month, driven by a decrease in long-term interest rates.
The expected hedge cost for a hypothetical GLWB block (see Index Methodology1) is estimated to be 200 bps as of the end of January 2020, up 18 basis point from the previous month, driven by a decrease in long-term interest rates.