Market growing for longevity swaps for deferred members
Longevity swap usage is expected to grow further as more reinsurers enter the market to hedge the risk of deferred members, according to Mercer.
The consultancy said four of the ten reinsurers providing longevity swaps were now prepared to cover the risk of non-pensioner members, up to a certain level. Mercer partner Suthan Rajagopalan said:...
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