This chapter focuses on the longevity risk associated with the provision of retirement income.
It addresses solutions for transferring longevity risk via the capital markets from hedgers …

The paper offers an explanation for the evolution and increasing maturity of the life
settlement market and the implications for all longevity based financial instruments and …

Longevity risk—the risk of unanticipated increases in life expectancy—has only recently
been recognized as a significant global risk that has materially raised the costs of providing …

During the economic crisis of 2008, the global economic system came under tremendous
stress due to unusually high activity in the risk spread and volatility in the financial asset …

Longevity risk transfer via the capital markets is now a reality. Pension plans and annuity
providers can hedge longevity risk with capital markets instruments, reflecting the …

Recent turbulence in the financial markets has highlighted the need for diversified portfolios
with lower correlations between the different investments. Life settlements meet this need …

The author presents an actuarial prognostic model that can disentangle and assess two
complementary modules of longevity risk for death bonds. He tracks the probable paths over …

Life settlement, a transaction whereby the policyholder of a life insurance policy sells the
future proceeds of the policy to a third party investor, has established itself as a legitimate …

Longevity risk, the risk that a member of a pension plan or an annuity holder lives much
longer than anticipated, can cause shortfalls in funding for writers of insurance policies …

보험계약자가 현금 유동성을 높이고 노후소득을 보전하려는 동기가 보험계약 해지 사유의
대다수를 차지하는 것으로 알려져 있다. 보험계약이 해지되면, 보험회사는 보험계약자에게 …