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
Don't fear the integral!
04 September 2024Actuaries denote with \({}_tp_x\) the probability that a life alive aged exactly \(x\) years will survive a further \(t\) years or more.
Seriatim data
30 August 2024In Macdonald & Richards (2024), Angus and I continue our long-standing advocacy for using individual records for mortality analysis, rather than grouped counts of lives.
The product integral in practice
28 August 2024In a (much) earlier blog, Angus introduced the product-integral representation of the survival function:
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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