Insurance Products Covering Longevity and Long-Term Care Risks
Organised by the EAA – European Actuarial Academy GmbH in cooperation with the Instituto de Actuarios Españoles
Life annuities constitute an appropriate tool providing the retiree with a lifelong income. Nevertheless, we can observe that, in many countries, the propensity to convert into a life annuity the resources available at the retirement time is rather poor. Of course, good reasons, strictly related to the technical...