Börger, Matthias; Freimann, Arne; Ruß, Jochen - In: Journal of Risk and Insurance 90 (2023) 3, pp. 597-632
We present a model of a longevity risk transfer market with different market players (primary insurers, reinsurers, and capital market investors) and investigate how market dynamics and the market players' roles evolve with progressing market saturation. We find that reinsurers' appetite for...