LIX is building the market, the contracts, the clearing, the prices and the information layer for human life expectancy.
The market comes first. Institutions and investors meet to trade life-expectancy risk. Their trading creates prices. Those prices can become a curve, benchmarks, data, analytics and the foundation for new investment and retirement products.
Start with the market
LIX is designed as a marketplace where insurers, reinsurers, pensions, banks, asset managers, hedge funds, proprietary traders and other investors can meet with different exposures and different views. Some participants come to reduce risk. Others come to take risk because they believe the price is attractive. Their buying and selling creates price discovery: a live market-implied view of human life expectancy backed by actual capital.
Then the market creates information
Once prices exist, they can be observed by people who never place a trade. LIX can turn those prices into a life-expectancy curve, benchmarks, indices, current and historical data, analytics and enterprise feeds. An insurer can compare the market with its own assumptions. A pension can monitor the part of the curve that resembles its liabilities. A health insurer can add a market signal alongside claims and medical data. A pharmaceutical company can observe how expectations change as new evidence emerges.
Then information becomes infrastructure and products
The same market can support balance-sheet risk management, pricing, valuation, treasury, capital and governance. Benchmarks and indices can also become building blocks for investment strategies, ETFs, structured products and potential retirement solutions. One marketplace can therefore serve traders, risk managers, CFOs, actuaries, product teams, investors, data users and ultimately a much broader financial ecosystem.
When the world changes, LIX gives the market somewhere to react.
A pandemic can change mortality. A new cancer therapy can change expectations about future survival. GLP-1 evidence can change views about long-term health. New therapeutics, demographic shifts and other events can challenge assumptions that were set months earlier. In a functioning LIX market, those developments can become trading decisions: buyers and sellers update their views, capital moves, and market prices can adjust as information is absorbed.
A health shock, clinical result, demographic change or new evidence changes the debate.
Insurers, pensions, reinsurers, banks, asset managers, hedge funds and traders interpret the implications differently.
Participants put capital behind those views through standardized LIX contracts.
The resulting bids, offers and trades create a current market-implied view that institutions can observe and respond to.
The new capability is not simply a hedge. It is the ability to see risk being repriced while the world is changing—and to act on that information.
Fifteen ways the market becomes useful.
These are not fifteen disconnected products. They are the layers that grow from one underlying market—from the contract and clearinghouse, to the price, to the information, to the ways institutions and investors can use it.
Where institutions and investors meet to trade and discover the market price of life-expectancy risk.
Standardized contracts that let institutions, investors and speculators buy or sell life-expectancy risk.
Central infrastructure that stands between buyers and sellers and manages the obligations created by trading.
Live market-implied prices across ages and future survival periods.
A capital-markets avenue for institutions to reduce, reshape or transfer selected life-expectancy exposure.
Common external reference points built from LIX market prices.
Measures that organize parts of the LIX market for research, benchmarking and product creation.
Current prices, curves, activity and the history the market creates over time.
Turn raw prices into answers about what changed, where and by how much.
Deliver LIX information directly into institutional systems and models.
Apply LIX prices and hedging tools to capital, reserves, treasury, investments and risk.
Add a live market reference to product pricing, liability valuation and model challenge.
Independent market information for prudential, finance, accounting, audit and board processes.
A new market exposure for investors that want to take views on life-expectancy expectations.
Build ETFs, indices, structured products and retirement solutions on top of LIX markets and benchmarks.