Survivor Swaps

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<title>Survivor Swaps</title>
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<title>The Journal of risk and insurance</title>
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<namePart>Dowd, Kevin</namePart>
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<abstract>A survivor swap is an agreement to exchange cash flows in the future based on the outcome of at least one survivor index. This article discusses the possible uses of SSs as instruments for managing, hedging, and trading mortality-dependent risks. Survivor Swaps are specially useful for insurance companies but also offer other interested parties low beta avenues into the acquisition of mortality risk exposure. The article also investigates vanilla SSs in some detail, and suggests how their premiums and values might be determined in an incomplete market setting</abstract>
<note type="statement of responsibility">Kevin Dowd... [et al.]</note>
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<topic>Mercados financieros</topic>
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<topic>Modelos de supervivencia</topic>
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<topic>Mercado de seguros</topic>
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<topic>Empresas de seguros</topic>
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<topic>Instrumentos financieros</topic>
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<topic>Swaps</topic>
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<topic>Mortalidad</topic>
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<text>Volume 73, number 1, March 2006 ;  p.1-17</text>
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