Centro de Documentacion de Fundación MAPFRE - Risk analysis of mortality improvement : the case of chinese annuity markets

Notes: Sumario: China 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 annuityRelated records: En: Geneva papers on risk and insurance : issues and practice. - Geneva : The Geneva Association, 1976- = ISSN 1018-5895. - 01/04/2008 Tomo 33 Número 2 - 2008, p. 234-249Materia / lugar / evento: Pensiones Envejecimiento de la población Mortalidad Renta variable Productos financieros Seguro de vida China Otros autores: Ostaszewski, Krzysztof M.
Wang, Yuling
Other categories: 341

Rights: In Copyright (InC)

‌ See issue detail