Longevitas leading-edge software for modelling and analysing
Longevitas offers leading-edge software for modelling and analysing demographic risks, including mortality, longevity, critical illness, lapses and persistency...
Regulatory, competitive and margin pressure are driving industry demand for the best evidence-based approaches towards pricing, reserving and risk management. Read more about some current challenges and hot topics of concern to the industry, as we present our innovative approaches that can make a real difference to the bottom line.
The Solvency II regime seems to ask that longevity models take a short-term view of a long-term problem.
It seems obvious that wealthier people will have larger investments and pensions, so the use of benefit size as a proxy for social class is a well established practice.
But how well does this actually work, and is there a better way?
Lifestyle factors such as nutrition, obesity, smoking and fitness play a role in a large number of insurable risks...
Geodemographic profiling datasets such as Experian's Mosaic, CACI's Acorn and Eurodirect's Cameo have long been used to segment consumer populations for marketing purposes.
Understanding risk from past experience is a major part of the problem, but reserving for how risk might change in the future is another vital component.
Survival Modelling
If you have sufficient experience data for your portfolio and wish to analyse a broad range of risk factors, the Longevitas Modelling software will allow you to do this.
Projections Toolkit
If you need to make stochastic mortality projections or generate stress test for ICAs or Solvency II calculations, you need the Projections Toolkit.
mortalityrating.com
If you have little or no experience data, or need to quickly determine which percentage of a standard table should be used in valuing a pensioner portfolio, you should consider mortalityrating.com
Latest posts
The importance of checklists
07 November 2024The World Health Organization (WHO) makes available a one-page checklist for use by surgical teams.
Kaplan-Meier for actuaries
30 October 2024In Richards & Macdonald (2024) we advocate that actuaries use the Kaplan-Meier estimate of the survival curve.
Actively Beneficial?
04 October 2024How should we describe a lifestyle change that doubles our likelihood of suffering a major traffic accident? Oddly, evidence from Scotland suggests the answer is "worth making". Let me explain.
Latest news
Seminar on contemporary mortality modelling at Heriot-Watt University
07 August 2024On 29th August 2024 Professor Angus S. Macdonald and Dr. Stephen J. Richards will give a joint seminar on contemporary mortality modelling, in principle and in practice. Attendance is free and pre-registration is not required.
Government Actuary's Department licenses Longevitas software
27 June 2024Longevitas is pleased to announce that the Government Actuary’s Department has licensed the Longevitas survival-modelling software.
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