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Risk analysis of mortality improvement : the case of chinese annuity markets

Recurso electrónico / electronic resource
MARC record
Tag12Value
LDR  00000cab a2200000 4500
001  MAP20080021368
003  MAP
005  20091201135742.0
008  080911e20080401esp|||p |0|||b|spa d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎341
100  ‎$0‎MAPA20080646783‎$a‎Mao, Hong
24510‎$a‎Risk analysis of mortality improvement ‎$b‎ : the case of chinese annuity markets‎$c‎Hong Mao, Krzysztof M. Ostaszewski, Yuling Wang
520  ‎$a‎China has experienced significant improvement in longevity (commonly referred to as mortality improvement) since the late 1930s. The rate of mortality improvement has been faster than in most developed countries. This development has resulted in a great challenge to provide retirement income to the ageing population. This challenge is increased by the increasing presence of commercial annuity products in China. Such products should become an important source of retirement benefits. In this article, it's proposed a model of mortality improvement and calculate its factors using Chinese life tables. It's also analyzed the risks to annuity providers due to mortality improvement, and compared risks of mortality improvement for two different forms of annuities: equity-linked annuity and traditional fixed annuity
650 1‎$0‎MAPA20080552114‎$a‎Pensiones
650 1‎$0‎MAPA20080625597‎$a‎Envejecimiento de la población
650 1‎$0‎MAPA20080555306‎$a‎Mortalidad
650 1‎$0‎MAPA20080570422‎$a‎Renta variable
650 1‎$0‎MAPA20080603182‎$a‎Productos financieros
650 1‎$0‎MAPA20080570590‎$a‎Seguro de vida
651 1‎$0‎MAPA20080644178‎$a‎China
7001 ‎$0‎MAPA20080646790‎$a‎Ostaszewski, Krzysztof M.
7001 ‎$0‎MAPA20080646806‎$a‎Wang, Yuling
7730 ‎$w‎MAP20077100215‎$t‎Geneva papers on risk and insurance : issues and practice‎$d‎Geneva : The Geneva Association, 1976-‎$x‎1018-5895‎$g‎01/04/2008 Tomo 33 Número 2 - 2008, p. 234-249