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Annuity Markets

Edmund Cannon and Ian Tonks

Print publication date: 2008

Print ISBN-13: 9780199216994

Published to Oxford Scholarship Online: January 2009

DOI: 10.1093/acprof:oso/9780199216994.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 01 March 2021

Modelling life expectancy

Modelling life expectancy

Chapter:
(p.70) 4 Modelling life expectancy
Source:
Annuity Markets
Author(s):

Edmund Cannon (Contributor Webpage)

Ian Tonks (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199216994.003.0004

The actuarial profession has developed to enable insurance companies to value life insurance products on a scientific basis. This chapter considers the methods used by actuaries to price annuities and describes the measurement of life expectancy. It reports on the life data collected by the Continuous Mortality Investigation Bureau and the recent trends in life expectancy.

Keywords:   actuaries, mortality data, projecting mortality, Continuous Mortality Investigation Bureau

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