Bill of Mortality

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securitization of mortality risks in life annuities

insurers have in the past few decades faced longevity risks - the risk that annuitants survive more than expected - and therefore need a new approach to manage this new risk. in this dissertation we survey methods that hedge longevity risks. these methods use securitization to manage risk, so using modern financial and insurance pricing models, especially wang transform and actuarial concepts, ...

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ژورنال

عنوان ژورنال: The New England Journal of Medicine, Surgery and Collateral Branches of Science

سال: 1812

ISSN: 2163-3061,1533-4406

DOI: 10.1056/nejm181207010010331