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Showing 1 to 1 of 1 for “"Pooled annuity"”.
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Longevity Risk: Retirement Product Innovation and Risk Management Strategies
… method uses the smoothing account as part of the pooled savings, not backed up by the insurer, a key feature of our new product. Second, we set an arrangement for sharing mortality, chronic illness, and functional disability risks in a pooled annuity fund using multi-state models of functional …