Description: This is an abstract for a research paper that compares the generalized linear array model [GLAM] and Lee-Carter models by fitting them to Swedish mortality data. GLAM is presented as an alternative to Lee-Carter for modeling mortality by age and calendar year.

Description: This abstract describes a paper that improves upon current multivariate statistical models for predicting the pre-payment rate of reverse mortgages, which are heavily data-driven. The prosposed model extends a semi-Markovian joint-life mortality model to incorporate three main termination modes of reverse mortgages: death, long-term care LTC entry, and non-health related termination.

Description: This abstract describes a presentation that presents several results on the (joint) moments, on the (joint) moments generating functions and on regression aspects of these discounted renewal sums.

Description: This abstract describes a paper that establishes the relationship among dimension reduction methods, the feature of discontinuity and the performance of QMC methods, with special interest in understanding why BB and PCA do not offer a consistent advantage in QMC.

Description: This abstract describes a paper that introduces an econometric (valuation) model which is less complex than the Wilkie model for valuing and managing financial risks associated with combined guaranteed minimum maturity benefit and guaranteed minimum death benefit (GMMB/GMDB) regarding segregated fund contracts in India.

Description: This abstract describes a paper that investigates important drivers of retirement age mortality using the U.S. health and retirement study.

Description: This abstract describes a presentation that focuses on the mathematical underpinnings associated with the process of discounting future cash flows.

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.

Description: This abstract describes a presentation that discusses various knowledge goals, student characteristics and techniques used to reach students.

Description: This abstract describes a presentation that describes the Canadian Institute of Actuaries’ University Accreditation Program, whose goal it is to provide exemptions for some preliminary examinations while maintaining the strong standards of the exam-based entrance to the actuarial profession.