Annual Report 2023

Glossary

Our glossary explains technical terms from the areas finance and reinsurance. We hope it facilitates the understanding of our texts, publications and annual reports. If you have comments or suggestions, please use our feedback form!

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Longevity risk

in general terms, the actuarial risk that a person receiving regular living benefits – such as annuities or pensions – lives longer than expected.