The New life market
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<subfield code="a">The New life market</subfield>
<subfield code="c">David Blake...[et.al]</subfield>
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<subfield code="a">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 globally.</subfield>
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<subfield code="a">Longevidad</subfield>
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<subfield code="a">Mercado de seguros</subfield>
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<subfield code="a">Seguro de vida</subfield>
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<subfield code="a">Renta vitalicia</subfield>
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<subfield code="a">Jubilación</subfield>
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<subfield code="a">Mortalidad</subfield>
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<subfield code="a">Blake, David</subfield>
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<subfield code="t">The Journal of risk and insurance</subfield>
<subfield code="d">Nueva York : The American Risk and Insurance Association, 1964-</subfield>
<subfield code="x">0022-4367</subfield>
<subfield code="g">02/09/2013 Volumen 80 Número 3 - septiembre 2013 , p. 501-558</subfield>
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