Sharing Longevity Risk: Why Governments Should Issue Longevity Bonds
نویسندگان
چکیده
منابع مشابه
Pricing the Risk on Longevity Bonds
The impact of increasing longevity on pension provision has become a major concern recently. More effective management of longer-term mortality risk has been made possible following a recent and innovative bond issue. We analyse the risk premium embedded in this instrument and argue that demand for further such instruments and innovations can be expected.
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ژورنال
عنوان ژورنال: North American Actuarial Journal
سال: 2014
ISSN: 1092-0277,2325-0453
DOI: 10.1080/10920277.2014.883229