Analytic expressions for annuities based on Makeham-Beard mortality laws

This note derives analytic expressions for annuities based on a class of parametric mortality “laws” (the so-called Makeham–Beard family) that includes a logistic form that models a decelerating increase in mortality rates at the higher ages. Such models have been shown to provide a better fit to pe...

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Veröffentlicht in:	Annals of actuarial science 2021-03, Vol.15 (1), p.1-13
1. Verfasser:	Bowie, David C
Format:	Artikel
Sprache:	eng
Schlagworte:	Actuarial science Annuities Approximation Mortality
Online-Zugang:	Volltext
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