Longevity Risk Transfer began in the UK (which is still currently in Europe until further notice). Since then, the UK and the Netherlands have dominated the landscape, but new players have been emerging in recent years, opening new risk management opportunities
AI and machine learning technologies are transforming risk modeling. Automation, the capacity to process large amounts of data and the ability to constantly learn and adjust make these technologies an invaluable asset in the insurance space
Capital markets have the capacity needed to offload the risk life and pension funds are exposed to due to the continuing rise in life expectancy. Securitization is more efficient and issuing is faster, making Alternative Risk Transfer to capital markets the best solution for solvency relief in the Longevity Risk Market
The Longevity Risk Market, an exciting emerging market in the life/pension insurance space, has seen unprecedented growth in the past few years, with demand only rising. But what is it exactly and how is the risk managed?