Description: This paper introduces the predictive modeling tools to mortality research. The predictive modeling is applied to study how multiple risk drivers such as demographic characteristics and social and economic status impact the mortality improvement of the advanced age population. The paper provides both the theoretical frameworks and the application aspects of the predictive modeling process. As the result, a mortality risk score was derived in differentiating the mortality risk for the advanced age population.

Description: This study addresses some aspects of the financial impact on women under the Social Security benefits reform or redistribution.

Description: Discussion among experts. From 2005 Living to 100 and Beyond Monograph, M-LI05-1.

Description: This paper discusses both the theoretical and the application aspects of stress testing in managing enterprise risks. Effective stress testing maximizes the risk adjusted enterprise profit by controlling major risks financial, strategic, operational and hazard upon identifying risk metrics and modeling the correlations. A case study is included for demonstration purposes.

Description: This paper studies the impact of improved advanced age mortality on the pricing and valuation issues of variable annuity contracts with guaranteed minimum death benefits. From 2005 Living to 100 and Beyond Monograph, M-LI05-1.

Description: This paper addresses issues and techniques for advanced age mortality study using data mining techniques, a new technology on the horizon with great actuarial potential. Seven factors were considered in this study, the influences of these factors on advanced-age mortality distribution were identified and models were derived for projecting advanced age mortality.