NO.PZ201909280100001006
问题如下：
Which of the three characteristics of life settlements
noted by Anderson is correct?
选项：
A.Characteristic 1
Characteristic 2
Characteristic 3
解释：
B is correct. Hedge funds look for
policies in which the ongoing premium payments to keep the policy active are
relatively low, so Characteristic 2 is correct. Hedge funds also look for life
settlements where the surrender value offered to the insured individual is also
relatively low and the probability that the designated insured person is likely
to die earlier than predicted by standard actuarial methods is relatively high.
A is incorrect because hedge funds
look for policies in which the surrender value offered to the insured
individual is relatively low (not high) in order to enhance return by
purchasing at a lower price.
C is incorrect because hedge funds
look for settlements in which the probability that the designated insured
person is likely to die earlier than predicted by standard actuarial methods is
relatively high. This means the hedge fund’s cash outflows to pay the ongoing
premium will be less than predicted, which will enhance return.
B 是正确的。 对冲基金寻找的保单中保持保单活跃的持续保费支付相对较低，因此特征 2 是正确的。 对冲基金还寻找人寿结算，其中提供给被保险人的退保价值也相对较低，并且指定的被保险人可能比标准精算方法预测的更早死亡的可能性相对较高。
A 不正确，因为对冲基金是寻找提供给被保险人的退保价值相对较低（不高）的保单，以便通过以较低的价格购买来提高回报。
C 不正确，因为对冲基金寻找指定被保险人可能比标准精算方法预测的更早死亡的概率相对较高的结算。 这意味着对冲基金用于支付持续溢价的现金流出将少于预期，这将提高回报。
reinsurance and life settlements这种策略有啥特点？
