Richter, Andreas; Weber, Frederik - Volkswirtschaftliche Fakultät, … - 2009
Longevity risk has become a major challenge for governments, individuals, and annuity providers in most countries, and … annuity provider’s exposure to aggregate longevity risk, the current paper proposes a new type of life annuities with benefits … context of longevity risk. By not or re-transferring the systematic longevity risk insurers may avoid accumulative losses so …