Life insurers are exposed to catastrophic mortality risk. Catastrophic mortality bonds are a recent market innovation that provide an alternative risk management tool to address this risk. However there is little in the way of published studies that examines their effectiveness, given that they...

This study quantifies the air quality impact on population mortality from an actuarial perspective, considering implications to the industry through the application of findings. The study focuses on the increase in mortality from air quality changes due to extreme weather impacts. We conduct an...