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Modelling Longevity Dynamics for Pensions and Annuity Business

Course Codes : ACTL3141

Modelling Longevity Dynamics for Pensions and Annuity Business

ISBN 9780199547272
Publication Date
Publisher Oxford University Press Australia
Author(s)
Overview
Mortality improvements, uncertainty in future mortality trends and the relevant impact on life annuities and pension plans constitute important topics in the field of life insurance and pension techniques. This text provides a comprehensive and detailed description of methods for forecasting future mortality trends, and an extensive introduction to some important issues concerning longevity risk in the area of life annuities and pension benefits. In particular, there is a focus on the problem of pricing principles accounting for longevity risk. Aimed at researchers and postgraduates of actuarial science, statistics and actuarial mathematics, the book relies on research work carried out by the authors, as well as on a wide teaching experience and in CPD (Continuing Professional Development) initiatives.

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