02-01-2010, 09:56 AM
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Join Date: Sep 2001
College: Yes
Posts: 18,638
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Life and Longevity Markets Association launched
http://online.wsj.com/article/SB1000...googlenews_wsj
Quote:
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 Association, which launches Monday, aims to take instruments known as longevity swaps into the mainstream.
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