Spotlight on Longevity March 2014: Mortality improvements for insurance and pensioner portfolios

We analyse historical mortality improvements for pension schemes and the general population and find that recent improvements have been higher for pension schemes.  

Combined with other research, this suggests that consideration should be given to higher initial mortality improvement assumptions for insurance and pensioner portfolios than for the national population.

Our Longevity services team produces regular commentaries on topical issues in the management and transfer of longevity risk known as 'Spotlight on Longevity'.    

To obtain copies of Spotlights, or for more information, please contact the author.