Answers are grounded in this paper and cite their sources.
The purpose of this article is to study mortality‐based securities, such as mortality bonds and swaps, and to price the proposed mortality securities. We focus on individual annuity data, although some of the modeling techniques could be applied to other lines of annuity or life insurance.
No takes yet. Share an insight, caveat, or question.
Lin et al. (2005) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: