Modelling Longevity Dynamics for Pensions and Annuity Business
Ermanno Pitacco, Michel Denuit, Steven Haberman, Annamaria Olivieri
Abstract
Ermanno Pitacco, Michel Denuit, Steven Haberman, Annamaria Olivieri
Abstract
The book presents: 1.features of life annuities; 2. mortality models; 3. mortality trends during th 20th century; 4. approaches to mortality forecasts; 5. age-period models; 6. age-period-cohort models; 7. actuarial perspectives of the longevity risk
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The book presents: 1.features of life annuities; 2. mortality models; 3. mortality trends during th 20th century; 4. approaches to mortality forecasts; 5. age-period models; 6. age-period-cohort models; 7. actuarial perspectives of the longevity risk
Key concepts: Life annuity, Longevity risk, Pension, Actuarial science, Annuity, Life insurance, Life table, Time horizon