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Actuarial and Demographic Forecasting Methods

  • H. Dennis Tolley
  • James C. Hickman
  • Edward A. Lew
Part of the Springer Series in Statistics book series (SBH)

Abstract

The purpose of this chapter is to present common methods of forecasting mortality used by actuaries in the American insurance industry. In a loose sense, the term forecasting refers to two different tasks, both of interest to the actuary. Of primary interest to actuaries are forecasts of the future mortality experience of groups. Individuals of a group are assumed to be subject to mortality according to some known set of probabilities. A second type of forecasting involves assessment of future patterns of the mortality process.

Keywords

Interest Rate Life Table Life Insurance Forecast Method Insurance Product 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag New York, Inc. 1993

Authors and Affiliations

  • H. Dennis Tolley
  • James C. Hickman
  • Edward A. Lew

There are no affiliations available

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