The Research Of Variable Annuity Valuation

In the CPI continued growth and under the pressure of inflation and deflation influence each other, the overall economic environment is not optimistic, Although in recent years this pressures has eased somehow,but we cannot ignore the future’s economic environment.O ur country has step in Aging society earlier than in other countries, so how to care for the elderly is so pressing for the country and also for the societies. As we all known the three traditional pillars of pension is Social Security System、Enterprise Annuity and some others Personal Annuity has tot enough to ease the burdensome of caring for the elderly career. Thus the insurance company launch of a variety of Insurance Products.Fixed Annuities and Investment-linked insurance and the Variable Annuity is came into being are the most popular product in the market. But the difference is consumers or the insured has already knew that they can obtained the proceeds in the future when they buy the time of purchase of fixed annuity products. Some Investment-linked insurance settlement rate although can resisting the invasion of inflation, But in terms of investment and variable annuity is very different, there is no association about their investment returns and capital market is good or bad.This paper will discusses about what is the variable annuity and the variable annuities in the development of domestic and foreign and Variable annuity’s value and the future development. In the study of how to assess the value of the variable annuity aspects, In this article the intuitive aspects is mentioned, for instance financial perspective, the perspective of option pricing and empirically perspective. In reflection aspects the value of the variable annuities, mainly through its role in resisting inflation. However, the value of a product is also not only the past and present status, How does it develop in the future, How can it effect in the future, It is also another reflecting patterns value of the variable annuity. Thus, this article has not been evaluated assets as general research, but multi-angle analysis of its value.