Patent ID: 8744877

Claim:
A system for providing one or more variable annuity policies with guaranteed minimum death benefits, comprising: one or more computer processors operable to calculate one or more reinsurance premiums for one or more reinsurance agreements related to said one or more variable annuity policies with guaranteed minimum death benefits; wherein said one or more reinsurance premiums are to be paid by an insurance company to a reinsurer, wherein said one or more reinsurance agreements transfer at least some equity market risk and at least some actuarial risk to said reinsurer from said insurance company, wherein said one or more reinsurance agreements cap potential loss due to said guaranteed minimum death benefits at a specified level per period for the term of each of said agreements, wherein at least one of said one or more reinsurance agreements comprises one or more terms related to a lapse rate threshold, and wherein at least one of said one or more reinsurance agreements is a quota share modified coinsurance agreement or a stop loss reinsurance agreement.