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Some firms paying insurers to take on ballooning pension costs
Demand for such transfers may eclipse insurance industry's capacity, giving banks opening to sell "death derivatives"
Published Tue, Feb 10, 2015 · 09:50 PM
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Washington
PEOPLE are living longer - and that's bad news for some companies' bottom lines.
As pension plans incorporate new life expectancy estimates into their calculations, investors are glimpsing the financial fallout from ageing societies.
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