Modeling Longevity Dynamics for Pensions and Annuity Business

摘要

This book provides good coverage of longevity and mortality modeling from the basic mathematics to recently developed models as well as risk management. The theory presented is wide ranging, including topics such as deterministic annuity valuation and hedging using longevity bonds. Although the audience of the book is composed primarily of advanced undergraduate students, postgraduate students and practicing actuaries, the material presented is relevant to industry practitioners wanting an understanding of longevity risk models.