Description: In this paper, we derive three important longevity Greeks on the basis of an extended version of the Lee-Carter model that incorporates stochastic volatility.

Description: This article covers subjects discussed at the 2011 Living To 100 Symposium. Included were the real potential of a material extension of life and economic challenges associated such an occurrence.

Description: The growing aging population presents unique challenges and opportunities, especially for the financial services industry. Presenters will explore the issues with particular focus on demographic challenges, such as age dependency ratios and implications for sovereign debt and public policy. They will also compare and contrast private sector offerings across the globe. In particular, as an example of a super-aging society, presenters will describe how Japanese insurers and pension funds tackle longevity risk.

Description: Presented at Living to 100 Symposium, January 2011. This paper focuses on the issues confronting employers as they seek to manage their talent in a country with an aging population. It focuses on the goals of employers and employees and examines patterns of work as the population ages.

Description: The work of the Society of Actuaries’ Committee on Post-Retirement Needs and Risks—including focus groups and Risks and Process of Retirement Surveys—offers important insights into when, how and why people retire.

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

Description: Highlights from the Social Security & Mortality panel at the 2017 Living to 100 Symposium - actuaries responsible for projections in the US, Canada and the UK.

Description: The paper gives an overview of the data that are available and discusses the problems encountered in estimating mortality rates at old ages in the UK. It describes some of the methodologies used to construct mortality rates at advanced ages for official life tables and recent work undertaken by the UK Government Actuary’s Department to construct a database of historical mortality rates for the United Kingdom going back to 1961. Mortality tables for ages 85 and above are provided for years 1961 - 2000 by gender. Finally, possible methods for projecting mortality at advanced ages are discussed.

Description: 'This article compares the insurance industry's mortality experience for Japan, Korea, China and Taiwan. The industry's mortality experience that has been analyzed includes the variables of age, policy year, and gender.' From International News, August 2011.

Description: In this project the researchers explored the new opportunities provided by the ongoing revolution in information technology for studies of exceptional human longevity. Methodologies and interpretation of the results were presented.