The expected hedge cost for a hypothetical GLWB block (see Index Methodology) is estimated to be 146 bps as of the end of May 2022, down 2 basis points from the previous month, driven by a slight increase in long-term interest rates. The Index Methodology provides additional details about the assumptions and methodologies underlying the Milliman Hedge Cost Index.
Milliman Hedge Cost Index
Milliman reports 2 basis points decrease in Hedge Cost Index for VA guarantees in May
Index stands at 146 basis points
3 June 2022
Milliman reports 2 basis points decrease in Hedge Cost Index for VA guarantees in May