Wills, Samuel (contributor); Sherris, Michael (contributor) - 2008
techniques developed in the flnancial markets, particularly for mortgages and credit
risk. A model based on Australian mortality … reinsurance.
The initial mortality risk securitization was the Swiss Re Vita Capital issue in De-
cember 2003. This mortality bond … was designed to reduce the exposure of Swiss Re to
catastrophic mortality deterioration over its three year term (Blake et …