Coping with longevity – the new german annuity valuation table DAV 2004 R

Ulrich Pasdika~Ralf Krüger, Allemagne

This article depicts the derivation of the German annuity table DAV 2004 R, which consists of a base mortality table for the period 1999 and a trend function for projected future mortality improvements. Both best estimation values and the choice of safety margins are discussed. The table is compared with other current international annuity tables.
Date: 2 June - Time: 8:30 to 10:00 - Room: 343
Theme: 3.A. Actuarial problems related to the retirement of the baby-boom