TY - JOUR T1 - Quantifying Unique Individual Portfolio Insurance <br/>Premiums JF - The Journal of Wealth Management SP - 72 LP - 81 DO - 10.3905/jwm.2012.15.1.072 VL - 15 IS - 1 AU - Brian Boscaljon Y1 - 2012/04/30 UR - https://pm-research.com/content/15/1/72.abstract N2 - This article defines a model that identifies specific insurance premiums for unique individual portfolio protection against a pre-determined level of volatility. Individuals approaching retirement age are assumed to reach a satiation level of wealth sufficient to optimize their desire for future consumption and leisure time. A utility model is defined based on individuals’ unique preferences with respect to consumption and leisure time. The certainty-equivalent framework is then applied to this time-utility model to calculate specific insurance premiums for risk-averse investors.TOPICS: Portfolio construction, risk management ER -