5 Things Actuaries Are Saying About Death Now
January 16, 2019 by Allison Bell
Figures from the U.S. Centers for Disease Control and Prevention show that overall U.S. life expectancy seems to have peaked.
Average U.S. life expectancy at birth fell to 78.6 years in 2017, from 78.7 years the year before, and down from an all-time high of 78.9 years two years earlier.
Life insurers use their own private mortality data, and general life insurance industry mortality data, to design and price life insurance policies and annuities. Some of the top mortality experts in the world are the life insurance and pension actuaries who work on Society of Actuary (SOA) mortality analyses.
Three SOA actuaries — R. Jerome Holman, Cynthia MacDonald and Peter Miller — recently released a new mortality report, “U.S. Population Mortality Observers: Updated with 2017 Experience.”
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