Mortality Assumptions and Longevity Risk

These can be specific tables required by the regulatory framework or those most commonly used by practitioners. The study then assesses whether these standard mortality tables account for future improvements in mortality and life expectancy and looks at how those future improvements are included. In general annuity providers are found to account more often for mortality improvements in their assumptions than are pension funds. The analysis herein also provides details regarding the standard mortality tables and assumptions used in 15 countries.