NO.PZ2023091802000006
问题如下:
What two activities of life insurance companies have opposite exposures to longevity risk?
选项:
A.Term life insurance and whole life insurance
B.Term life insurance and endowment life insurance
C.Whole life insurance and annuities
D.None of the above
解释:
C. Most forms of life insurance have mortality risk (i.e., the risk
that policyholders will die earlier than expected). Annuities have longevity
risk (i.e., the risk that policyholders will live longer than expected).
对于保险公司来说,这两类的exposure都是longivity啊?为什么不对
Whole life insurance and annuities