, consisting of all annuity policies sold by a large U.K. insurance company since the early 1980s, to analyze mortality differences …-post mortality and annuity policy characteristics, such as whether the annuity will make payments to the estate in the event of an … untimely death and whether the payments from the annuity rise over time. These mortality patterns are consistent with models of …

sensitive to the discount rate used to value future payment streams and assumptions about future mortality rates. This paper … on whether the rapid but since-attenuated decline in US old-age mortality rates during the 1990s and early 2000s is …, using discount rates drawn from the corporate BBB yield curve and future mortality rates that combine a Society of Actuaries …