The Equity Release Mortgages Working Party is inviting participants to submit model outputs for the purpose of analysing the long-term property risk associated with equity release mortgage assets. The ERM WP would welcome responses from both industry and academia in the UK and also international modelling perspectives.
The model outputs will be anonymised by the IFoA and analysed by the ERM WP in an upcoming study on the long-term risk and tail risk associated with property collateral and the No Negative Equity Guarantee (NNEG). This study will analyse and compare different approaches for modelling property risk and the implications for holders of equity release mortgage assets. The findings will be presented in a webinar and a sessional meeting (subject to sufficient interest).
Further details can be found in the Call for Submissions cover note below. If you would like to participate, please download the survey template and submit the completed survey to Caroline Winchester at the IFoA Actuarial Research Centre by 30 November 2021.