You Work for a Large Insurance Company and Have Been

question 65

Essay

You work for a large insurance company and have been assigned to explain to a customer (a large pension fund)how strategies of 1)exact matching and 2)duration matching will help in meeting a projected set of pension fund liabilities.Explain what each technique entails and how it works.Examples would be useful.Be sure to conclude your report with a discussion of the advantages and disadvantages of each technique.

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Definitions:

Procedural Safeguards

Policies and procedures designed to protect individuals’ rights and ensure fair treatment within a system or process.

Role Reversal

involves switching roles within interactions to gain insight or empathy towards another's perspective, often used as a technique in therapy or conflict resolution.

Escalating Reciprocation

A process where two or more parties increase their commitments or responses based on the actions of the other, often leading to an escalation in conflict or competition.

Interpersonal Tension

A state of psychological strain or stress occurring between individuals due to conflicts or disagreements.