From this webinar you will learn about the objectives of this research programme and some of the early developments since its commencement in autumn 2016.
The Big Health and Actuarial Data programme has the following four aims:
- identify and quantify the key factors affecting mortality and longevity, such as lifestyle choices, medical conditions and/or interventions;
- modelling of temporal changes in the factors affecting morbidity and mortality;
- evaluation of plausible scenarios in mortality trends of insureds due to medical advances or lifestyle changes; and
- development of software tools to forecast longevity risk.
Further details on this research programme can be found here
Through its Actuarial Research Centre (ARC), and in partnership with the Society of Actuaries and the Canadian Institute of Actuaries, the IFoA is sponsoring a research programme that seeks to develop a new generation of mortality and morbidity models, with a specific focus on the drivers for mortality. Join this webinar to hear more from the Principal Investigator of this research programme, Professor Andrew Cairns (Heriot-Watt University).
This webinar is part of a series to showcase three large research programmes currently running through the ARC, which seeks to address some of the significant challenges in actuarial science. To find out more about the other webinars that will be taking place in June, please visit the ARC webinar series page.
The “Modelling, Measurement and Management of Longevity & Morbidity Risk” programme has the following four aims:
- development of the next generation of single and multi-population mortality models that are robust, straightforward to apply and that are designed explicitly to push back the barriers to financial innovation
- developing open access modelling of the key drivers of mortality such as smoking, obesity and other lifestyle factors and understanding how these interact with all-cause mortality and cause-of-death mortality data
- development of a robust, scientific approach that helps key stakeholders to understand better the wider range of options for managing longevity risk
- development of new methods for pricing and reserving for Critical Illness Insurance.
Further details on this research programme can be found here.
Through its Actuarial Research Centre (ARC), the IFoA is sponsoring a research programme that seeks to develop pension product designs that keep the customers’ needs at the forefront, with a real income in retirement while minimising costs for the customer. Hear from one of the Principal Investigators of this research programme, Professor Jens Perch Nielsen (Cass Business School).
This webinar is part of a series to showcase three large research programmes currently running through the ARC, which seeks to address some of the significant challenges in actuarial science.
You will learn about the objectives of this research programme and some of the early developments since its commencement in autumn 2016.
The “Minimising Longevity and Investment Risk while optimising Future Pension Plans” research programme has the following aims:
- share risks between customers;
- determine the trade-off between the performance and stability of pension income;
- study how to incorporate and manage illiquid assets that can be used to hedge inflation;
- establish a framework to analyse the trade-off between the performance and stability of pension income in the proposed products;
- determine dynamic econometric models that are suitable for our long-term products; and
- determine how the dynamic econometric models can be used to optimally time to buy and sell assets.
Further details on this research programme can be found here.