The expected hedge cost for a hypothetical lifetime GMWB block (see Index Methodology1) 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.
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.