Longevity risk assessment method will 'make index-based swaps mainstream'

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A methodology for assessing longevity basis risk developed by Hymans Robertson and Cass Business School will help bring index-based longevity swaps into the mainstream, say actuaries.

Researchers who developed the framework said it could be used by pension schemes and insurers and is applicable to schemes of all sizes. It is intended help schemes set up standardised and easie...

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