South Korea's insurance industry is adapting to longevity risk, with new products like death benefit securitization allowing retirees to access up to 90% of their life insurance payouts as annuities, addressing income gaps amid an aging population.
#YonhapInfomax
#LongevityRisk #HanwhaLifeInsurance #DeathBenefitSecuritization #RetirementAssets #FinancialServicesCommission
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=88462
#YonhapInfomax
#LongevityRisk #HanwhaLifeInsurance #DeathBenefitSecuritization #RetirementAssets #FinancialServicesCommission
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=88462