NO.PZ2020011901000024
问题如下：
What two activities of life insurance companies have opposite exposures to longevity risk?
选项：
A.Term life insurance and whole life insurance
Term life insurance and endowment life insurance
Whole life insurance and annuities
None of the above
解释：
C. Most forms of life insurance have mortality risk (i.e., the risk that policyholders will die earlier than expected). Annuities have longevity risk (i.e., the risk that policyholders will live longer than expected).
这道题问哪两种对longevity risk有相反的敞口，是不是说哪两种活动会担心死的早的风险？
而whole life 和年金，因为担心死的早，所以就入选了，这样理解对吗？
