Metropolitan Life Insurance Company

Other

Elm Income Group, Inc.

Felix Schirripa

Christopher W O'Flinn

A Group Equity-Indexed Annuity (GEIA) with a guaranteed minimum equity related return for a set of individuals are provided. An algorithm sets a 'participation rate' of a GEIA contract as well as the carrier margin, risk and opportunity for recovery. The carrier is held accountable to the participation rate produced by the model investment portfolio in the formula and subject to the guaranteed minimum. The selection of the participation rate is entirely visible to a GEIA contract-holder. A 'hedge budget' is based on a formula-driven amortization process that blends old and new money. Underlying assets are also managed to a &#x201c;constant&#x201d; duration, such as the duration of a bond index selected by the GEIA contract-holder.

Equity-indexed annuity for group savings programs

A computer system and methods for management and control of annuities and distribution of annuity payments is presented which enables transfer of funds between annuities, whether variable or fixed, without incurring payment discontinuity, while providing for allocation of interest risk, investment risk, and mortality risk between insurer and insured.

Computer system and methods for management, and control of annuities and distribution of annuity payments

A method and system is presented for distributing returns from an investment portfolio to a plurality of investors with different risk tolerances as a function of the risk-return preferences of the investors. Said portfolio may correspond to a point on an efficient frontier related to the risk-return points selected by investors.

Computer system and methods for allocation of the returns of a portfolio among a plurality of investors with different risk tolerance levels and allocation of returns from an efficient portfolio

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Colts Neck, NJ, United States of America

Felix Schirripa