Life Is Cheap: Using Mortality Bonds to Hedge Aggregate Mortality Risk
نویسندگان
چکیده
منابع مشابه
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, ...
15 صفحه اولValuing Reduction of Risk of Mortality Due to Traffic Accidents
Background and Aim: The trade-off between monetary wealth and fatal safety risks is explained by the value of statistical life, an efficient tool widely used to evaluate projects and allocate appropriate resources for road safety. The objective of this study was to estimate the statistical significance of life in order to improve road safety in the city of Ardabil, Iran. Materials and Methods:...
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ژورنال
عنوان ژورنال: The B.E. Journal of Economic Analysis & Policy
سال: 2007
ISSN: 1935-1682
DOI: 10.2202/1935-1682.1785