Description: This article explores the development of the annuity market in the UK over the past 20 years. It examines the explosive growth achieved by the enhanced annuity market and delves into the kinds of customers attracted by these products and the kinds of enhancements typically presented. It also explores the impact of government policy changes which have lead to annuity volumes declining and 'drawdown' product becoming more popular.

Description: Life reinsurance activity in Bermuda has experienced rapid growth in recent years. This article explores the key drivers of this growth.

Description: The author's asserts that when estimating life expectancy, care should be taken to account for how trends in mortality can change over time change over time and that by assuming they remain constant, one can underestimate life expectancy and therefore undervalue annuity products.