Longevity swap: Difference between revisions
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A longevity swap is a derivative contract that offsets the risk of defined benefit pension scheme members living longer than expected. | A longevity swap is a derivative contract that offsets the risk of defined benefit pension scheme members living longer than expected. | ||
It is a form of longevity hedge, protecting against the potentially adverse effects of longevity risk. | |||
Latest revision as of 21:42, 19 December 2019
Pensions risk management.
A longevity swap is a derivative contract that offsets the risk of defined benefit pension scheme members living longer than expected.
It is a form of longevity hedge, protecting against the potentially adverse effects of longevity risk.
