assumptions of full annuitization and deterministic health. Our framework can value the prevention of mortality and of illness … add $127 billion to the value of a one percent decline in future mortality …

assumptions of full annuitization and deterministic health. Our framework can value the prevention of mortality and of illness … add $127 billion to the value of a one percent decline in future mortality …

annuity products. Within the Solvency II framework, we capture the mortality of policyholders by the mean of the Hull …

traditional considerations of age and sex by using modified mortality tables. However, they are not available in many countries …. In regions where life annuities are priced solely via standard mortality tables, retirees with below-average life … basis of their actual mortality probabilities, thereby mitigating actuarial inequities. Additionally, the paper examines how …