Who Eats the Leftover? Mitigating Longevity Basis Risk With A Reinsurance Mechanism

  • K.Q. Zhou
  • J.S.-H. Li
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Introduction

The market for longevity risk transfers started in the UK about a decade ago. Since then, the market has seen some significant developments in terms of the number and size of deals. However, relative to the size of the global longevity risk exposure, the present longevity risk transfer market is still very small.