New longevity indexes ‘a step forward’ in developing tradable market but challenges remain
Pricing and transaction process must now be addressed in order to attract investors, say experts
The publication of a set of longevity indexes by the Life & Longevity Markets Association (LLMA) will help to develop the longevity risk transfer market, but there is still a long way to go if a tradable market is to be created, say experts.
The four indexes cover England and Wales, Germany, the Netherlands and the US. The LLMA hopes that the tools will be used as a global reference for the transfer of longevity risk from hedgers to investors and other counterparties and could help broaden the
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