The Geneva Papers on Risk and Insurance (2004) 29, 440–454. doi:10.1111/j.1468-0440.2004.00296.x

A Search for the Root Causes of the Underdevelopment of the Hong Kong Annuity Market

Michael Yue Yat Hui1,* and Wai-sum Chan2,*

  1. 1Graduated from the University of Hong Kong, Hong Kong, PR China and is currently an analyst in a major investment bank
  2. 2Associate Professor of Statistics and Actuarial Science, University of Hong Kong, Hong Kong, PR China.

*The work described in this article was partially supported by a grant from the Hong Kong Research Grants Council (Project No. HKU7111/01H). The authors would like to thank the reviewers for their helpful comments and suggestions.

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