OECD to begin research into longevity risk

by Artemis on December 14, 2010

The Organisation for Economic Co-operation and Development (OECD) is to begin a research project looking into longevity risk in January. One of the aims of the research (according to Global Pensions) is to look into the possibility of establishing government issued life expectancy indices.

According to the article, a working group will be established in January with final recommendations made a year later in 2012. As well as looking into longevity indices the research will look at how longevity risk is being managed at the moment and how longevity risk is calculated.

Creation of government run indexes for longevity will be a good first step towards creating a tradable market in longevity risk.

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Georg Leers December 27, 2010 at 12:15 pm

I recommend the book of Jeff Rubin “Why your world is about to get a whole lot smaller” for all those risk carriers thinking they should provide OECD with some protections against overestimated oil-rescources.

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