Securitization of Life Insurance Assets and Liabilities

Abstract

Journal of Risk and InsuranceVolume 72, Issue 2 p. 193-226 Securitization of Life Insurance Assets and Liabilities Alex Cowley, Alex Cowley Alex Cowley, FIA, is Senior Vice President within the Insurance Solutions Group of Lehman Brothers and is a Director of Lehman Re & Lehman Risk Advisors. J. David Cummins is the Harry J. Loman Professor at the Wharton School of the University of Pennsylvania. The author can be contacted by e-mail: cummins@wharton.upenn.edu.Search for more papers by this authorJ. David Cummins, J. David Cummins Alex Cowley, FIA, is Senior Vice President within the Insurance Solutions Group of Lehman Brothers and is a Director of Lehman Re & Lehman Risk Advisors. J. David Cummins is the Harry J. Loman Professor at the Wharton School of the University of Pennsylvania. The author can be contacted by e-mail: cummins@wharton.upenn.edu.Search for more papers by this author Alex Cowley, Alex Cowley Alex Cowley, FIA, is Senior Vice President within the Insurance Solutions Group of Lehman Brothers and is a Director of Lehman Re & Lehman Risk Advisors. J. David Cummins is the Harry J. Loman Professor at the Wharton School of the University of Pennsylvania. The author can be contacted by e-mail: cummins@wharton.upenn.edu.Search for more papers by this authorJ. David Cummins, J. David Cummins Alex Cowley, FIA, is Senior Vice President within the Insurance Solutions Group of Lehman Brothers and is a Director of Lehman Re & Lehman Risk Advisors. J. David Cummins is the Harry J. Loman Professor at the Wharton School of the University of Pennsylvania. The author can be contacted by e-mail: cummins@wharton.upenn.edu.Search for more papers by this author First published: 24 May 2005 https://doi.org/10.1111/j.1539-6975.2005.00121.xCitations: 144 The material in this article has been co-authored by Alex Cowley and J. David Cummins and reflects solely the opinion of the co-authors and not that of Lehman Brothers or the Wharton School. The article should not be construed as a product of Lehman Brothers or its Research Department. It is for informational purposes only and has been compiled based upon publicly available sources of data. The co-authors assume full responsibility for its contents. Lehman Brothers makes no representation that the information contained in this document is accurate or complete. Opinions expressed herein are solely those of the co-authors and are subject to change without notice. Readers are advised to make an independent review regarding the economic benefits and risks of any of the transactions described herein, including without limitation purchasing or selling any of the financial instruments mentioned in this article, and must reach their own conclusions regarding the legal, tax, accounting, and other aspects of any transaction involving the financial instrument in relation to their particular circumstances. Read the full textAboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinked InRedditWechat Citing Literature Volume72, Issue2June 2005Pages 193-226 RelatedInformation