Results 1 to 10 of about 113,454 (237)
Modelling Longevity Bonds: Analysing the Swiss Re Kortis Bond [PDF]
Insurance: Mathematics and Economics, 2015 A key contribution to the development of the traded market for longevity risk was the issuance of the Kortis bond, the world's first longevity trend bond, by Swiss Re in 2010. We analyse the design of the Kortis bond, develop suitable mortality models to
Andrew Hunt, David Blake
core +8 more sources
Regime-switching shot-noise processes and longevity bond pricing [PDF]
Lithuanian Mathematical Journal, 2014 In this paper, we consider the valuation of longevity bonds under a regime-switching interest rate and a regimeswitching force of mortality model. The model assumes that the interest rate is driven by economic and environmental conditions described by a homogenous Markov chain and that the stochastic force of mortality is modeled by the sum of a regime-
Yinghui Dong +2 more
europepmc +4 more sources
Nonlinear Modeling of Mortality Data and Its Implications for Longevity Bond Pricing [PDF]
Risks, 2023 Human mortality has been improving faster than expected over the past few decades. This unprecedented improvement has caused significant financial stress to pension plan sponsors and annuity providers. The widely recognized Lee–Carter model often assumes
Huijing Li, Rui Zhou, Min Ji
doaj +2 more sources
State Space Vasicek Model of a Longevity Bond [PDF]
, 2020 30 pages, 2 ...
Georgina Onuma Kalu +3 more
openalex +3 more sources
The Role of Longevity-Indexed Bond in Risk Management of Aggregated Defined Benefit Pension Scheme [PDF]
RisksDefined benefit (DB) pension plans are a primary type of pension schemes with the sponsor assuming most of the risks. Longevity-indexed bonds have been used to hedge or transfer risks in pension plans.
Xiaoyi Zhang, Yanan Li, Junyi Guo
doaj +2 more sources
Journal of Dentistry, 2020 Statement of the Problem: Etching process on dentin can activate matrix metalloproteinase (MMP) which hydrolyze organic matrix of demineralized dentin. Gluma and chlorhexidine could inhibit the activation of MMP.
Reza Davalloo +4 more
doaj +2 more sources
The Effect of Surface Treatment on Composite Repair Bond Strength Longevity [PDF]
Česká Stomatologie a Praktické Zubní Lékařství, 2012 Introduction: Composite restorations undergo degradation in the oral cavity, which may compromise their aesthetic and functional properties, cause failure of marginal integrity, increased abrasion or even partial fracture of the filling.
L. Comba +5 more
doaj +2 more sources
Longevity Bond Pricing by a Cohort-based Stochastic Mortality [PDF]
Korean Journal of Applied Statistics, 2015 Abstract We propose an extension of the Lee and Jho (2015) mean reverting the two factor mortality model byincorporating a period-specific cohort effect. We found that the consideration of cohort effect improves themortality fit of Korea male data above age 65. Parameters are estimated by the weighted least squaresmethod and Metropolis algorithm.
Jae Hoon Jho, Kangsoo Lee
openalex +3 more sources
Financial Engineering: A Flexible Longevity Bond to Manage Individual Longevity Risk
SSRN Electronic Journal, 2020 There is a significant potential demand in many countries around the world for a flexible product to manage individual longevity risk arising from the prevalence of defined contribution pensions, uncertainty in improvements in life expectancy, potential reductions in public pensions and a lack of suitable longevity insurance products.
Yuxin Zhou +3 more
openalex +2 more sources
Longevity of Bonding of Self-adhesive Resin Cement to Dentin [PDF]
Operative Dentistry, 2016 SUMMARY Objective: To evaluate the effect of root dentin treatment on the bonding of self-adhesive resin cement after 24 hours and after 6 months. Methods: A total of 48 single-rooted premolars were endodontically treated and divided into four groups (n=12): Adper Scotchbond Multi-Purpose + RelyX ARC (ARC); RelyX ...
TC Simões +5 more
openalex +5 more sources