The LLMA has been established as a not-for-profit venture in order to promote a liquid traded market in longevity and mortality-related risk.
The LLMA’s members are:
AVIVA, AXA, Deutsche Bank, J.P. Morgan, Morgan Stanley, Prudential PLC and Swiss Re.
Longevity expectations continue to increase across the developed world. As they do, defined benefit pension funds, a primary holder of this risk, are having to recognise it in their actuarial valuations. This increases their liabilities and puts their finances under further pressure.
LLMA today published 2014 index data for England & Wales
LLMA today published 2013 index data for the Netherlands
The Life & Longevity Markets Association (LLMA) has today announced that AXA’s Mohamed Baccouche and Morgan Stanley’s Mark Teeger have joined the LLMA’s Board of Directors.
The Index is a toolkit for measuring and managing longevity and mortality risk designed for pension plans, sponsors, insurers, reinsurers and investors.
We provide a toolkit for calculating the index that includes: