Life markets: trading mortality and longevity risk with life settlements and linked securities
Bhuyan, Vishaal
Since January 1st, 2005 an American citizen turns 60 years old every seven seconds. Researchers believe that by 2050, 15% of the world's population will beover the age of 65, up from 7% today. There is a need now, more than ever, for innovative financial products that have the ability to hedge longevity exposure for pension funds, reinsurance companies, and governments. These products are currently being developed with the use of life settlements. In Life Markets, author Vishaal Bhuyan and a team of expert contributors from leading firms provide an extensive look at how to trade life settlements. Covering everything from the history of life settlements to making a transaction (pricing, service providers, exchanges, etc.) this book is the complete guide to longevity trading.
- ISBN: 978-0-470-41234-3
- Editorial: John Wiley & Sons
- Encuadernacion: Cartoné
- Páginas: 288
- Fecha Publicación: 02/09/2009
- Nº Volúmenes: 1
- Idioma: Inglés