Reply #2: I priced a 5 year asset guarantee plus 5% interest per year and it was [View All]

[papau]

not that costly. There were also other actuaries at AXA involved in pricing the product- but in any case a 20 year guarantee of the initial investment only - and in this case only 70% of the initial investment - would be extremely cheap. - there must be more to the contract. If not, this is just a competitor for the AXA product - and indeed it will not bring much income to the bottom line because of the tiny premium.