face the longevity risk by means of projected mortality tables obtained considering the development of the mortality trend …. Moreover, the choice of mortality rates with a given projection level is uncertain, and such uncertainty jeopardises the model … illustrate the results, showing the behaviour of the biological risk and its effects on the adjustments of mortality tables and …

projected mortality rates. Increasingly attention is being placed on alternative models and, importantly in the financial and … traditional actuarial models for the force of mortality as well as multiple risk factor models. The paper develops a stochastic … longevity model suitable for financial pricing and risk management applications based on Australian population mortality rates …