Tuesday, February 2, 2010

Industry players cooperating to hedge (or profit from?) longevity risks.

Founded by AXA, Deutsche Bank, J.P. Morgan, Legal & General (Banner & Wm Penn), Pension Corporation, Prudential, RBS and Swiss Re.,  the Life & Longevity Markets Association claims:



For certain institutional investors, longevity represents a potentially attractive investment opportunity primarily because it is not correlated to non-life, credit and market risks.
The LLMA seeks to break down the barriers to market growth by supporting the development of consistent standards, methodologies and benchmarks, By helping to build a liquid trading market, the LLMA will aid the expansion of capacity to meet demand, ultimately bringing added security to the benefits of pension fund members.

No comments:

Post a Comment