New Longevity Risk & Insurance Solutions Paper
See link below to a well written white paper from Prudential which positions the value of insuring pension risk. In particular, I like the fact that the report contains some asset liability modeling which helps support considering the value of indemnification solutions.
Two key takeaways addressed by the paper:
1. Annuitization offers a de-risking strategy that reduces funding volality, and contribution risk under tail risk scenarios
2. Recognition of future longevity improvement enhances annuitization value as a de-risking tool