In this episode James Parker is joined by Ian Aley from Willis Towers Watson and Amy Kessler from Prudential Financial, Inc. to discuss longevity swaps. In particular, the group looks at: 

• What is longevity risk and what is a longevity swap?;
• What determines if / when schemes undertake a longevity swap or buy-in?;
• What is the legal structure of a longevity swap?;
• Market activity and factors driving activity; and
• COVID-19 - Should trustees defer longevity swaps or other de-risking transactions.

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