Longevity risk and capital markets: The 2019-20 update

D Blake, AJG Cairns - Insurance: Mathematics and Economics, 2021 - Elsevier
Abstract This Special Issue of Insurance: Mathematics and Economics contains 16
contributions to the academic literature all dealing with longevity risk and capital markets …

Point and interval forecasts of death rates using neural networks

S Schnürch, R Korn - ASTIN Bulletin: The Journal of the IAA, 2022 - cambridge.org
The Lee–Carter model has become a benchmark in stochastic mortality modeling. However,
its forecasting performance can be significantly improved upon by modern machine learning …

Still living with mortality: The longevity risk transfer market after one decade

D Blake, AJG Cairns, K Dowd, AR Kessler - British Actuarial Journal, 2019 - cambridge.org
This paper updates Living with Mortality published in 2006. It describes how the longevity
risk transfer market has developed over the intervening period, and, in particular, how …

A neural approach to improve the Lee-Carter mortality density forecasts

M Marino, S Levantesi, A Nigri - North American Actuarial Journal, 2023 - Taylor & Francis
Several countries worldwide are experiencing a continuous increase in life expectancy,
extending the challenges of life actuaries and demographers in forecasting mortality …

What do we know about annuitization decisions?

M Alexandrova, N Gatzert - Risk Management and Insurance …, 2019 - Wiley Online Library
Against the background of aging societies and increasing life expectancies, the protection of
individuals from outliving their savings has become increasingly relevant. Annuities …

A comparison of forecasting mortality models using resampling methods

D Atance, A Debón, E Navarro - Mathematics, 2020 - mdpi.com
The accuracy of the predictions of age-specific probabilities of death is an essential
objective for the insurance industry since it dramatically affects the proper valuation of their …

A quantitative comparison of simulation strategies for mortality projection

J Li - Annals of Actuarial Science, 2014 - cambridge.org
A quantitative comparison of simulation strategies for mortality projection Jackie Li* Page 1
Annals of Actuarial Science, Vol. 8, part 2, pp. 281–297. © Institute and Faculty of Actuaries …

Longevity risk and capital markets: the 2021–22 update

D Blake, AJG Cairns, M Kallestrup-Lamb… - Journal of …, 2023 - cambridge.org
This special issue of the Journal of Demographic Economics contains 10 contributions to the
academic literature all dealing with longevity risk and capital markets. Draft versions of the …

Inference pitfalls in Lee–Carter model for forecasting mortality

X Leng, L Peng - Insurance: Mathematics and Economics, 2016 - Elsevier
Forecasting mortality is of importance in managing longevity risks for insurance companies
and pension funds. Some widely employed models are the so-called Lee–Carter model and …

A Bühlmann credibility approach to modeling mortality rates

CCL Tsai, T Lin - North American Actuarial Journal, 2017 - Taylor & Francis
In this article, we first propose a Bühlmann nonparametric credibility approach to forecasting
mortality rates, and we then compare forecasting performances between the proposed …