%0 Journal Article %A Neil Cunha-Gomes %T Introducing Alternative Capital to Longevity
Risk Transfer %D 2014 %R 10.3905/jai.2014.17.1.028 %J The Journal of Alternative Investments %P 28-34 %V 17 %N 1 %X For years, the catastrophe bond market has garnered considerable interest from a variety of capital market investors, such as endowments, sovereign wealth funds, and family offices. Although investment in these catastrophe-linked securities has increased significantly over the last two decades, to date, capital market investors have participated in only a handful of longevity transactions. By drawing on lessons from the development of catastrophe bond market and from the few successful longevity transactions with capital market investors, this article considers a format in which longevity risk may be sustainably transferred into the capital markets in the future.TOPICS: Fixed income and structured finance, foundations & endowments, risk management %U https://jai.pm-research.com/content/iijaltinv/17/1/28.full.pdf