Stochastic Mortality made Easy

نویسنده

  • Paul Sweeting
چکیده

The purpose of this paper is to give actuaries an easy‐to‐use approach to modelling stochastic mortality. Whilst the approach described can be used with tailor‐made projections, it can also be applied to published base tables and improvement factors. The methodology is not particularly new or ground‐breaking; however, it is hopefully accessible and will allow actuaries to use a stochastic approach to mortality projections more easily.

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

One-Year Value-At-Risk For Longevity And Mortality

Upcoming new regulation on regulatory required solvency capital for insurers will be predominantly based on a one-year Value-at-Risk measure. This measure aims at covering the risk of the variation in the projection year as well as the risk of changes in the best estimate projection for future years. This paper addresses the issue how to determine this Value-at-Risk for longevity and mortality ...

متن کامل

The Hurst phenomenon and fractional Gaussian noise made easy

The Hurst phenomenon, which characterizes hydrological and other geophysical time series, is formulated and studied in an easy manner in terms of the variance and autocorrelation of a stochastic process on multiple temporal scales. In addition, a simple explanation of the Hurst phenomenon based on the fluctuation of a hydrological process upon different temporal scales is presented. The stochas...

متن کامل

A user-friendly approach to stochastic mortality modelling

This paper proposes a general approach to stochastic mortality modelling, where the logit transforms of annual survival probabilities in different age groups are modelled by linear combinations of user-specified basis functions. The flexible construction allows for an easy incorporation of populationspecific characteristics and user preferences into the model. Moreover, the structure enables th...

متن کامل

Fuzzy Multi-Objective Scenario-based Stochastic Programming to Optimize Supply Chain

Nowadays, the capability of cloud management suppliers is one of the important advantages for suppliers that can improve the performance and flexibility and reduce costs in companies through easy access to resources. Also, the environmental impacts of suppliers are a significant issue in today’s industrialization and globalization world. This paper analyzes these subjects by fuzzy multi-objecti...

متن کامل

Epi-convergent discretizations of multistage stochastic programs via integration quadratures

This paper presents procedures for constructing numerically solvable discretizations of multistage stochastic programs that epi-converge to the original problem as the discretizations are made finer. Epi-convergence implies, in particular, that the cluster points of the first-stage solutions of the discretized problems are optimal first-stage solutions of the original problem. The discretizatio...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2008