Description: This abstract describes a paper that introduces spatio-temporal models and methods for analysis with specific emphasis on quantities of interest in actuarial science. Generalized additive mixed models are used for the analysis of geographic and temporal variability of mortality rates.

Description: Living beyond ones life expectancy poses many challenges. Among them are financial issues. Though there are products and strategies available that retirees could use to mitigate this financial risk they are seldom used. Reasons range from high cost, lack of awareness of the available options, and general underestimation of longevity risk. This paper poses the question as to whether the federal government can provide a solution to this potential problem in a fair and cost efficient manner. Ideas are presented as well as a discussion of the pros and cons of such a program concept.

Description: Trends in mortality have a huge impact on the insurance industry and its products, risks and profitability. Worldwide, life expectancy has increased continuously over the past decades. However, this progress—even without considering the Covid-19 pandemic—has been subject to strong fluctuations. In recent years, an increase in volatility can be observed. Various aspects—medical science, environment, lifestyle—have influenced the trend in the past. How can the life and health industry move forward in these uncertain conditions? In this article, we examine what has gone before and what can be learned from a closer analysis. What are the main drivers of the historical increase in life expectancy? What characterizes the dynamics of the recent past? How can mortality be projected into the future? How good are our methods of prediction and what are the risks? What risk management options are available?

Description: The Society of Actuaries’ Pension Section has completed a research effort exploring the value of longevity pooling and its implications.

Description: This report discusses drivers of U.S. mortality improvement for the short and long term.

Description: The Effect of Medical Technology on Health Care Cost, the Effect of Health Care on Longevity and Vice Versa.

Description: Analyse the increase in the number of centenarians in Quebec (Canada) across birth cohorts (1871 to 1901). Outline some of the demographic mechanisms involved.

Description: Presented at Living to 100 and Beyond symposium 2002. Discussion of two papers, 'Approaches and Experiences in Projecting Mortality Patterns for the Oldest Old' by Buettner and 'Using Dynamic Reliability in Estimating Mortality at Advanced Ages' by Lin. The first paper discusses the UN methodology for projecting mortality above age 80 and presents another approach for addressing the problem of table closing. The second paper suggests a new statistical model for fitting and estimation of mortality rates at advanced ages.

Description: This paper provides the actuary with a brief overview of the subject, along with references for those interested in conducting their own review. It surveys current research, reviews what has been learned so far, and looks at future possibilities.

Description: Discussion of paper presented at Living to 100 symposium January 2002. This is the reply to the discussion of author's paper.