Longevity

Longevity is the length or duration of a life.

Longevity Swaps

The longevity swap market is heating up with many employers / plan sponsors who offer traditional defined benefit pension plans eager to offload longevity-related liabilities to parties who are interested in assuming the risk.

Annuities and Other Forms of Guaranteed Income are Priorities for the Obama Administration

Much has been written over the past couple of weeks about the Obama Administration's support of annuities.

The New York Times ran a story about the "unloved annuity getting a hug from Obama."

Bloomberg featured an article in its personal finance section describing the potential, the pitfalls and the overall industry enthusiasm surrounding in-plan annuities.

The federal government has posted a...

Longevity Market Leaps Ahead with Launch of Life and Longevity Markets Association

A group of banks and insurance companies recently formed a London-based trade group called the Life and Longevity Markets Association (LLMA). The LLMA aims to develop a liquid market for longevity risk that taps into broader capital markets rather than just the balance sheets of certain insurers and reinsurers. A core focus will be on longevity swaps and making the longevity swap transaction process more efficient. Longevity swaps serve as a risk transfer alternative to pension buyouts. The...

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