Longevity
UK annuities providers cannot price for gender, but must still reserve capital for it
A spike in life expectancy estimation saw the four largest Dutch schemes add €11 billion to their liabilities in one go. As a series of high-profile longevity swap providers prepare to enter the market,...
It is axiomatic that managing longevity risk is a long-term affair. Assuming that a one-year increase in life expectancy adds 3% to a pension scheme's liabilities it would take an increase of 10 years...
Banks are increasingly using their IT infrastructure to increase their competitive advantage. Learn how this can work in practice.
More Longevity articles
Another big player takes a serious look at the Dutch longevity market
RSA exited the life insurance business only to find itself managing similar risks from its UK pension fund – for no reward. But a bold decision of de-risking saw it become one of the first movers in the longevity swap market. Theodora Tsentas reports...
New ground in longevity de-risking market with swap based on active lives completed
Europe’s largest pension fund is priced out of longevity securities market but looks to investments linked to the elderly as longevity hedge
The world is about to change for derivatives dealers. A new package of liquidity, leverage and capital measures was finalised by the Basel Committee on Banking Supervision last month, while the European Union (EU) will confirm its rules for over-the-counter...
The list of firms that have lost money on their variable annuity (VA) business reads like a who’s who of insurance-market greats. Some of the biggest names in the business have recorded hundreds of millions – if not billions – of dollars in losses...
Rising life expectancy is a wonderful testament to giant leaps in medical science and the result of healthier lifestyles, but it’s causing havoc with company pension schemes. According to a report by consultancy firm Lane Clark & Peacock last May, FTSE...
This handy guide reviews the various steps banks are taking to improve their risk management techniques, looking at the benefits and pitfalls of each one.
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