Frailty and Risk Classification for Life Annuity Portfolios

Life annuities are attractive mainly for healthy people. In order to expand their business, in recent years, some insurers have started offering higher annuity rates to those whose health conditions are critical. Life annuity portfolios are then supposed to become larger and more heterogeneous. With...

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Bibliographic Details
Main Authors: Annamaria Olivieri, Ermanno Pitacco
Format: Article
Language:English
Published: MDPI AG 2016-10-01
Series:Risks
Subjects:
Online Access:http://www.mdpi.com/2227-9091/4/4/39