As part of Societe Generale's series of Meet the Experts presentations, Jeff Mulholland discusses longevity.
Longevity risk is caused by uncertainty in the future rate of population mortality improvement. Increases in human longevity caused by medical advancements, healthier lifestyles and emerging technologies such as regenerative medicine will dramatically increase the life expectancy, and therefore the retirement needs, of the world’s elderly. This is why Societe Generale has developed an innovative longevity risk hedging solution for insurers and reinsurers that are strongly exposed to longevity risk. This Societe Generale solution provides a powerful risk management tool and may be able to alleviate certain capital constraints. Societe Generale has taken an approach to developing the longevity risk market with the goal of fostering a large, transparent and efficient market for transacting this risk globally.
Register to watch the presentation Strategy for increasing the global capacity for longevity risk transfer, available for on-demand viewing
More on Insurance
Firms seeking common ground in the modelling of operational risk
UK regulator failing to consider complexities of risk free rate
Dutch regulator unmoved on mortgages and group pensions
Isda AGM: SEC commissioner rejects idea of expanded role for FSB
Sign up for Risk.net email alerts
Directional portfolios and limited diversification will hamper recovery process
Exchange plans to attract foreign money into India through enhanced technology
Systemically important status seen as business threat by asset managers
Recent Iosco consultation paper aims to better co-ordinate global regulation
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.