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MAP20130031415The New life market / David Blake...[et.al]Sumario: The huge economic significance of longevity risk for corporations, governments, and individuals has begun to be recognized and quantified. By virtue of its size and prevalence, longevity risk is the most significant life-related risk exposure in financial terms and poses a potential threat to the whole system of retirement income provision. This article reviews the birth and development of the Life Market, the new market related to the transfer of longevity and mortality risks. We note that the emergence of a traded market in longevity-linked capital market instruments could act as a catalyst to help facilitate the development of annuity markets both in the developed and the developing world and protect the long-term viability of retirement income provision globallyEn: The Journal of risk and insurance. - Nueva York : The American Risk and Insurance Association, 1964- = ISSN 0022-4367. - 02/09/2013 Volumen 80 Número 3 - septiembre 2013 , p. 501-5581. Longevidad. 2. Mercado de seguros. 3. Seguro de vida. 4. Renta vitalicia. 5. Jubilación. 6. Mortalidad. I. Blake, David.
