AbstractsBiology & Animal Science
Longevity Risk and the Consequences for the Actuary:
| Institution: | Delft University of Technology |
|---|---|
| Department: | |
| Year: | 2009 |
| Keywords: | longevity; actuary; pension fund |
| Record ID: | 1249520 |
| Full text PDF: | http://resolver.tudelft.nl/uuid:967a648a-29df-47d9-a02c-ac5c2d0a2416 |
Abstract
The research is done at Hewitt Associates, Amsterdam. At Hewitt I investigated the consequences of longevity risk. Using the well known model of Lee-Carter, a prognosis of future life-expectancy in the Netherlands is constructed. Then the financial consequences for Dutch pension funds are examined, in particular when its participants become older as expected.
