Kortis: How does the first longevity trend bond work?
The Pension Institute recently released a paper positing that Swiss Re's 2010 Kortis bond could be replicated by (re)insurers to cover themselves against extreme longevity risk.
Kortis: How does the first longevity trend bond work?
The Pension Institute recently released a paper positing that Swiss Re's 2010 Kortis bond could be replicated by (re)insurers to cover themselves against extreme longevity risk.