What does GMDB stand for?

Guaranteed Minimum Death Benefit (insurance)

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

Other Resources:

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Greater Milwaukee Dental Association (West Allis, WI) Greater Minneapolis Daycare Association Greater Mohali Development Authority (India) Green Mountain Disc Alliance (Burlington, VT) Groundwater Management Districts Association (Wahoo, Nebraska) Group Method of Determining Arguments (equation) Groupe Monde Des Amériques Grupo Master De Alarmes Guwahati Metropolitan Development Authority (India) General Motors Daewoo Auto and Technology		General Merchandise Distributors Council Global Marine Drilling Co. (various locations) Green Mountain Dharma Center (Hartland-Four-Corners, VT) Greenpoint Manufacturing and Design Center (est. 1992; Brooklyn, NY) Guangdong Modern Dance Company (China) Gujarat Mineral Development Corporation (India) Greater Minneapolis Daycare Association General Motors Diesel Division (London, Ontario, Canada) Generalized Minimum Distance Decoding Green Mountain Disc Dogs (Vermont)

Samples in periodicals archive:

The latest quarter's results include $405 million in losses for two segments: the variable annuity death benefits business and the guaranteed minimum death benefits business.

Cigna takes 4Q loss on runoff reinsurance losses

51 per share, from the company's two run-off reinsurance segments: the variable annuity business and guaranteed minimum death benefits.

Cigna stock jumps after earnings beat expectations

Hartford still has reinsurance for its guaranteed minimum death benefit.

Calculating scenarios: new risk-based capital requirements are ...

The drop in the equity markets has resulted in significant increases in exposure to companies on their guaranteed minimum death benefit and living benefit coverages.

Life after the fall. (Variable Annuities Life/Health)

An optional Guaranteed Minimum Death Benefit is available for an additional fee.

Jefferson National's Monument Advisor Offers VA Industry's Most ...

In 2008, JNL sustained large net operating losses, largely due to Guaranteed Minimum Death Benefit (GMDB) reserves that support its legacy in-force variable annuity business.

A.M. Best Downgrades Ratings of Jefferson National Life Insurance ...

significant stock market declines, which could, among other things, result in increased expenses for guaranteed minimum income benefit contracts, guaranteed minimum death benefit contracts and pension expenses for the Company's pension plan in future periods as well as the recognition of additional pension obligations; 14.

CIGNA Reports First Quarter 2009 Results

CIGNA Reports Fourth Quarter and Full Year 2008 Results