This paper discusses what is longevity risk, why it is important, approaches used by the West to manage longevity risk … countries, attempts have been made by capital market and governments to deal with longevity risk, but the availability of … affordable, and transparently priced. It is important to understand, measure, and manage longevity risk. Moreover, further …

This paper studies the life cycle consumption-investment-insurance problem of a family. The wage earner faces the risk …

stochastic mortality risk and health shock risk numerically. These shocks are interpreted as critical illness and can negatively …

This paper discusses what is longevity risk, why it is important, approaches used by the West to manage longevity risk … countries, attempts have been made by capital market and governments to deal with longevity risk, but the availability of …, and what lessons can be learnt by Asian countries from the experiences of the West. Increasing and uncertain longevity has …