Zou, Xiaopeng; Ye, Zihan; Zhang, Qiuzi - In: China Finance Review International 6 (2016) 4, pp. 322-341
Purpose The purpose of this paper is to present a clear path to securitize the longevity risk with two distinct swaps in order to inspire a new Chinese life market. Design/methodology/approach Studies on longevity risk securitization consist of three aspects, respectively, instrument design,...