Ortiz, Carlos; Stone, Charles; Zissu, Anne - In: Journal of Financial Transformation 30 (2010), pp. 89-91
This paper examines the securitization of financial products that have both assets and liabilities, and that are affected by longevity risk. The longevity risk is what determines the magnitude of the assets and that of the liabilities embedded in the financial product to be securitized. Examples...