New Derivative….The Life and Longevity Markets Association
thestatedtruth.com | February 1, 2010
When in doubt: create another derivative. Insurers now want to be protected against people living longer. According to The Wall Street Journal: “Eight investment banks and insurers have come together to develop an organized market to help them spread the financial risks and costs of an aging society more widely. The Life and Longevity Markets […]
