Saturday 15 December 2007

Dying for Goldman

Goldman has announced that it will publish a mortality index, presumably to stimulate growth in the mortality swap business. Insurance-linked capital markets products have been around the market for a while without really catching on - I remember being told that mortality swaps were the new credit derivatives - but this might stimulate the market a little. All the same, I'd want to be sure I wasn't one of the 46,000 odd individuals in the index just in case. Getting between Goldie and an index fixing might just be bad for your health...

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