WTW launched an updated Geospatial Mortality Model (GMM) aimed at the U.S. pension risk transfer (PRT) market to help insurers and reinsurers more accurately price and manage longevity risk. The announcement is incremental but supportive, potentially improving model accuracy and competitive positioning in longevity pricing.
WTW launched an updated Geospatial Mortality Model (GMM) aimed at the U.S. pension risk transfer (PRT) market to help insurers and reinsurers more accurately price and manage longevity risk. The announcement is incremental but supportive, potentially improving model accuracy and competitive positioning in longevity pricing.
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