We are pleased to alert you about new study of longevity risk published
by professional peer-reviewed journal:
New Findings on Older People’s Life Expectancies Confirm Gompertz Law:
The Impact on the Value of Securitized Life Settlements
Leonid A. Gavrilov, Natalia S. Gavrilova, Charles Austin Stone, and Anne
Zissu Journal of Structured Finance, 2014, Vol. 20, No. 2: pp. 66–73.
http://ift.tt/XFRPft findings using records from the U.S. Social Security
Administration’s Death Master File discredit the late life mortality
deceleration theory and confirm that life expectancies follow the
Gompertz law not only until the age of 80, but for many years after. The
authors show how these findings have major implications on the valuation
of senior life settlements and securities backed by life settlements.
They illustrate the sensitivity of valuation to the incorporation of the
results of recent research regarding longevity risk.