This example is from Wikipedia and may be reused under a CC BY-SA license.
A guaranty fund system also exists for the life, health and
annuityinsurance industry; but it operates independently from the property and casualty system.
From
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.
In the case of annuityinsurance, the company may have less information about longevity prospects than the potential annuitant.
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