credibility theory to loss-reserves estimation, but this literature rarely addresses questions about the method's asymptotic …

two typically used mortality models in the context of annuity pricing. In this regard, we explore whether the stressed …

may either choose to receive annuity payouts, calculated based on a mortality table agreed to at contract inception, or … receive the accumulated capital as a lump sum. Considering stochastic mortality improvements, such an option could be of … substantial value. Whenever mortality improves less than originally expected, the policyholder will choose the lump sum and buy an …

Changes in mortality rates have an impact on the life insurance industry, the financial sector (as a significant … related to the accuracy of central mortality rates is of key importance. Recently, a temperature-related mortality (TRM) model …) model and several other of its extensions, when mortality-experience data from the United Kingdom is used. There is a need …

Motivated by a recent demographic study establishing a link between macroeconomic fluctuations and the mortality index …-linked variant of the Lee-Carter mortality model. Furthermore, interest rates and stock prices react to changes in GDP, which itself … when the reaction of mortality rates to changes in GDP is incorporated …