Description: This paper investigates the one-asset portfolios, mixed-asset portfolios, and a dynamic investment portfolio which allows a switch from an aggressive portfolio to a conservative one at middle ages.

Description: Papers: Calibrating Mortality Processes with Trend Changes to Multi-Population Data – Matthias Börger; Justin Schoenfeld; Johannes Schupp – Ulm University The Mathematical Mechanism of Biological Aging – Boquan Cheng, Bruce Jones, FSA, FCIA, Ph.D. Xiaoming Liu and Jiandong Ren – University of Western Ontario

Description: This presentation studies the mortality prediction performance of the Lee-Carter model.

Description: This abstract describes a paper that measures the magnitude of the systematic bias, found when using the Lee-Carter model for mortality prediction, using the bootstrap method and also provides suggestions on how to correct the bias.

Description: This abstract describes a paper that proposes a stochastic population structure model based on the Leslie matrix, in which a Lee-Carter model framework is used to describe the future mortality and fertility changes.

Description: This abstract describes a paper that considers the valuation of a guaranteed annuity option (GAO) under a generalized modeling set-up where both interest and mortality risks are stochastic and correlated.