Innovative Approaches to Managing Longevity Risk in Asia: Lessons from the West
Published By: ADBI on eSS | Published Date: April, 16 , 2012This paper discusses what is longevity risk, why it is important, approaches used by the West to manage longevity risk and what lessons can be learnt by Asian countries from the experiences of the West. Increasing and uncertain longevity has emerged as a key risk affecting individuals, pension plans, insurers and governments in both the developed and emerging world. The progress in the field of longevity modelling and the merits as well as drawbacks of these models are discussed. [ADBI Working paper No. 353]. URL:[http://www.adbi.org/files/2012.04.13.wp353.innovative.longevity.risk.asia.pdf].
Author(s): Amlan Roy | Posted on: Apr 18, 2012 | Views(788) | Download (131)