Research Issues in Modelling Longevity Risk with Applications: Current perspectives and future directions
Longevity risk has been the focus of increased research over recent years. The risk arises from the potential unexpected costs from individuals living longer resulting in unexpected increases in retirement income needs and aged care costs.
This forum focused on current and future research on modelling of longevity risk with applications to the managing of longevity risk including costing and design of income stream products and long term care insurance.
Modelling of the risk covers all aspects of future survival and health status including actuarial and demographic models and methods.
The forum provided opportunities for informal discussion and a sharing of knowledge and views to provide perspectives on future directions for longevity research. Each session was moderated by a research academic familiar with the area.