We present a model of a longevity risk transfer market with different market players (primary insurers, reinsurers, and … saturation. We find that reinsurers' appetite for longevity risk is the key driver in the early stage of market development … should assume the entire longevity risk from primary insurers, diversify it within their business mix, and subsequently pass …

Financial risk and longevity risk are the main risks affecting pension income. This paper analyses gender differences … longevity risk mis-perception is much stronger among women than men, what we call the leveraged gender gap, with important …