Diet? What diet?
A while back I wrote about the lower life expectancy in Scotland. This has a number of drivers, but poor diet is one of them. In the same blog I made a reference to the nutritional abomination that is the deep-fried Mars bar. One of our London-based clients confessed that he thought this was a myth made up and propagated by the media. Sadly, I can confirm that it is no myth, as evidenced by the picture I took this weekend of a sign in a cafe window in Broughton Street, Edinburgh:
You might think this is bad enough. However, the same cafe also offers a topical alternative to its patrons:
We wish all our readers a relaxing Easter break. Preferably without deep-fried confectionery.
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Ahead of his time
I'm giving away rather too much information about my age when I say I started work in 1990 right after graduating from university. Not long into my first job at a UK insurer, I was called to a meeting of the actuarial department.
Longevity trend risk under Solvency II
Longevity trend risk is different from most other risks an insurer faces because the risk lies in the long-term trajectory taken by mortality rates. This trend unfolds over many years as an accumulation of small changes.
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