AXA Equitable Life Insurance Company

About: AXA Equitable Life Insurance Company is a based out in . It is known for research contribution in the topics: Life insurance & Population. The organization has 22 authors who have published 27 publications receiving 717 citations.

Computerized method and system for providing guaranteed lifetime income with liquidity

Abstract: Computerized method and system for administering at least part of a program to provide a person with guaranteed lifetime income with a measure of liquidity using at least an initial contribution of assets such as from an IRA. The amounts of a series of periodic distributions or payments to be made during first and second periods in the person's life are calculated based on an information profile and stored financial and actuarial data. The first or "guaranteed" period begins on a given date and has a definite duration, and the second or "life contingent" period begins after the first period and extends for as long as the person or joint annuitant lives. A first portion of the contribution is allocated towards the purchase of at least one guaranteed financial vehicle having a determinable market value at any time so as to be capable of being liquidated and which will provide the person with periodic distributions during the first period. These guaranteed financial vehicles are preferably serially maturing Guaranteed Interest Rate Options. A second portion of the initial contribution is allocated towards the purchase of at least one life contingent financial vehicle such as a life contingent annuity which will provide the person with periodic distributions for as long as the person or joint annuitant lives. A further portion of the initial contribution could be invested in non-guaranteed financial vehicles to provide a greater return, which return is periodically used to purchase additional guaranteed and/or life contingent financial vehicles.

Mortality Study of the Significance of Extrasystoles in an Insured Population

Abstract: The prognostic significance of extrasystoles was evaluated in 712 insured persons with this finding who were followed for an average period of 18 years. At the end of the study 356 persons were alive and 125 were dead. Two hundred and thirty-one persons had terminated their policies at a prior date by maturity or discontinuance and were not followed further. Although the lack of follow-up to 1968 of this latter group imposes limitations on the results and conclusions of the study, their exclusion resulted in no significant change in the mortality ratio of the remaining group of 481 persons followed to death or the anniversary of their policies in 1968. The observed mortality ratios showed no appreciable increase in a group of 604 individuals who were considered to have a normal life expectancy except for the presence of extrasystoles at the time of evaluation for insurance. Similar normal mortality ratios were observed in subgroups with simple and complex supraventricular and ventricular extrasystoles. Th...

Estimating Population Size with Exponential Failure

Abstract: We are given J observations obtained by truncated sampling of a population of N items which fail independently according to the exponential distribution, where both N and the scale parameter of the exponential are unknown. Estimates of N are developed, and compared. These are conditional and unconditional maximum likelihood estimates, and a class of Bayes modal estimates. On the basis of second-order asymptotic properties, one of the Bayes estimates is singled out as most desirable. This estimator is also good for estimating mean life, but for estimating failure rate, the maximum likelihood estimates are preferable.