Blake, David; Boardman, Tom; Cairns, Andrew; Dowd, Kevin - 2009
is not just governments that will benefit. insurers would be
able to use a market-determined mortality term structure to … price
points along the mortality term structure. at the same time, regula-
tors would be able to use the mortality term … model used
for forecasting mortality
Trend risk: risk that large
unanticipated changes in socio-
economic environment or …