In 1825 Benjamin Gompertz published his paper “On the nature of the function expressive of the law of human mortality, and on a new mode of determining the value of life contingencies. In a letter to Francis Baily, Esq. F. R. S. &c” in the Philosophical Transactions of the Royal Society. To celebrate the 200th anniversary of the Gompertz model, the Research Centre for Longevity Risk and The IFID Centre - The Individual Finance & Insurance Decisions Centre will be hosting a conference in Amsterdam on 22-23 May 2025. We have a great lineup of keynote speakers including Moshe Arye Milevsky, Andrew Cairns, Leonid Gavrilov & Natalia Gavrilova, Adrian Tinniswood and Torsten Kleinow. We will be hearing about the impact and applications of the Gompertz model, about history, and, of course, about Mr Gompertz. Everything about the conference including a CALL FOR PAPERS from academia and industry can be found at https://lnkd.in/et6qkHj4. And, for those who are interested in the original, the paper can be found at https://lnkd.in/ez96sdbD. We are looking forward to welcoming you to Amsterdam.
Research Centre for Longevity Risk
Onderzoeksdiensten
RCLR is an independent institute that researches developments in survival rates and life expectancies.
Over ons
The Research Centre for Longevity Risk (RCLR) is an independent institute that researches developments in survival rates and life expectancies of the population in the Netherlands and other countries and how these are influenced by various factors. This involves looking at demographic trends, medical developments and local socioeconomic conditions, as well as the quality of our living environment. Over the last several decades, life expectancy has increased and it is expected to rise further in the future. This process involves uncertainty and challenges in areas such as the affordability and sustainability of pensions and health care. That is the reason behind the importance of gaining a better understanding of the financial and social consequences resulting from changes in life expectancy.
- Website
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https://rclr.nl
Externe link voor Research Centre for Longevity Risk
- Branche
- Onderzoeksdiensten
- Bedrijfsgrootte
- 2-10 medewerkers
- Hoofdkantoor
- Amsterdam
- Type
- Erkende instelling
- Opgericht
- 2021
- Specialismen
- Longevity, Life Expectancy, Pensions en Socioeconomic differences
Locaties
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Primair
Roetersstraat 11
Room E5.28
Amsterdam, 1018 WB, NL
Medewerkers van Research Centre for Longevity Risk
Updates
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Thank you Centre for Ageing Better for sharing your research and creating these infographics. They help visualise some of the many factors that influence our #longevity.
"A generation or two ago, living into your 70s and beyond was more of a hope than an expectation. Now it is the norm. Yet there is huge variation in our lives as we age with many people, especially those from poor and some minority ethnic backgrounds, leading shorter lives blighted by bad health and limited opportunity." Says our Senior Evidence Manager, Aideen Young. Read more in our blog: https://lnkd.in/eegm523c #Ageing #AgeingPopulation #AgeingSociety #OlderPeople #Age
State of Ageing: Eight stats that show the diverse experience of getting older in the UK today
ageing-better.org.uk
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Why is life expectancy in Madrid 3.5 years higher than in Amsterdam? In a recent article by Sterre Marsman in Het Parool, Torsten Kleinow explained how income is one of the most important factors. Income is a determinant that impacts many other aspects of your life that impact how long you are likely to live, like the habits you may have, your job and where you might live. Other experts like Anton Kunst and Jeroen Spijker spoke about social and dietary factors that also have an influence. To read the full article click on the link below. https://lnkd.in/eXQKxWWa
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Earlier this week, Oytun Haçarız Torsten Kleinow and Angus MacDonald published a paper in the Scandinavian Actuarial Journal On technical bases and surplus in life insurance. You can read more and access the paper via the link below. #actuarialscience
Different jurisdictions often have different regulations. Different traditions might also have different pedagogies in teaching technical topics. Life insurance is possibly a good example of these practicalities. Almost all of the literature on Thiele’s equation and surplus in life insurance uses a model inspired by Scandinavian-style regulation with two technical bases, called first-order and second-order. This is more restrictive than practice in many jurisdictions such as in the UK and North America. In this paper, to bridge any gaps between in different traditions in life insurance, · we classify technical bases in terms of boundary conditions in Thiele’s equation(s), allowing more general regulations than Scandinavian-style ‘first-order/second-order’ regimes and · we propose a ‘canonical’ model with three technical bases (premium, valuation, accumulation) and show how each pair of bases defines premium loadings and surplus. To find out more about our recent article in collaboration with Torsten Kleinow and Angus Macdonald, please click the following link: https://lnkd.in/gGgU67gF
On technical bases and surplus in life insurance
tandfonline.com
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This week, Katrien Antonio will be attending the Insurance and Data Science Conference at Stockholms universitet in Sweden. This meeting of experts brings together more than 170 participants from over 20 countries around the world to discuss data science, analytics, machine learning, artificial intelligence and computational statistics in the insurance industry. On Monday, Katrien will give key note speech on Insights From Fine-grained Mortality Data. On Tuesday, she will chair a session on Machine Learning in Insurance with Agathe Fernandes Machado, Charlotte Jamotton and Can Baysal. Read more about the conference by clicking on the link below. https://lnkd.in/gnsNnf4 #actuarialscience
Insurance Data Science Conference
insurancedatascience.org
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Save the date....... May 22 and 23, 2025. Next year will mark the 200th anniversary of the publication of the seminal research by Benjamin Gompertz "On the nature of the function expressive of the law of human mortality, and on a new mode of determining the value of life contingencies.” To mark the event the The Research Centre for Longevity Risk is organising a two day conference share learnings in the fields of longevity and mortality research. Our key note speakers will include Andrew Cairns, Moshe Arye Milevsky and Torsten Kleinow. We will also be inviting presentations from academics and experts from industry. More details will follow over the summer. University of Amsterdam - Amsterdam School of Economics Nationale-Nederlanden https://lnkd.in/et6qkHj4
Gompertz 200. Celebrating Two Centuries of Longevity Research
https://rclr.nl
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It was a great privilege for Torsten Kleinow, Katrien Antonio, Michel Vellekoop and Frank van Berkum to be invited to teach at this prestigious event. Thank you to Dr. Hansjoerg Albrecher the HEC Lausanne - The Faculty of Business and Economics of the University of Lausanne and the Swiss Association of Actuaries for organising this Summer School. University of Amsterdam - Amsterdam School of Economics Nationale-Nederlanden Jens Robben
This week the Department of Actuarial Science of HEC Lausanne - The Faculty of Business and Economics of the University of Lausanne hosted the 35th International Summer School of the Swiss Association of Actuaries on "Modelling and Quantifying Mortality and Longevity Risk". More than 80 participants from 13 countries enjoyed great courses by Katrien Antonio, Michel Vellekoop, Torsten Kleinow, Frank van Berkum and Jens Robben. Many thanks to the teachers and all participants for the active participation! #actuary #longevity #internationalsummerschool Research Centre for Longevity Risk
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Join us on the 16th and 17th of September for the Longevity 19 conference in Amsterdam. #longevity #actuarialscience
The ageing population and increases in longevity have drawn attention to the management of longevity risk in pension funds, life insurers and health insurers. Governments face the challenge of financing an ageing population with longer life spans and providing an environment conducive to private market solutions. Reinsurers and financial market innovations such as securitization are critical components in the management of longevity risk. Leading international industry and academic representatives as well as policy makers will meet and discuss not only the assessment of longevity risk, but also the market and regulatory developments and responses needed by pension funds and insurance companies to manage this risk. Key themes of Longevity 19 will include ageing and health, pension de-risking, developments in the longevity risk market, and longevity issues such as those relating to climate change and COVID-19. Come and join us at the 19th International Longevity Risk and Capital Markets Solutions Conference on Monday 16th and Tuesday 17th September in Amsterdam. Full information and conference programme can be found here, and is updated regularly https://lnkd.in/ekWNE-WC. See you in Amsterdam
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Congratulations Daniël Linders from the Research Center for Longevity Risk team. Your paper is a valuable contribution.
Researcher Daniël Linders has won the inaugural Ragnar Norberg Memorial Prize. His paper, 'The 3-Step hedge-based valuation: fair valuation in the presence of systematic risks,' was published in the ASTIN Bulletin - Journal of the International Actuarial Association (IAA). The prize was handed out by the IAA's Life Section. Read the award-winning paper via the link in the comments. #researchaward #actuarialscience #researchexcellence
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Congratulations to Katrien Antonio who also serves as a Co-Director of the Research Centre for Longevity Risk and Jens Robben on the publication of your latest research paper.
Since the beginning of the 19th century, mortality rates have been on a downward trend in Europe, though there have been (temporary) jumps that have disrupted the trend. Modeling future mortality rates is critical to evaluating life-contingent risks, and (re)insurers need to be able to generate scenarios for future mortality experience that can allow for age-specific shocks in mortality rates that may last several years. In a new paper, Jens Robben and Katrien Antonio - both of KU Leuven - develop a toolbox that addresses this need, allowing for the presence of catastrophic shocks. The importance of this toolbox is heightened after recent experiences, like the COVID-19 pandemic, may suggest that (re)insurers are concerned about other potential catastrophes. Given the toolbox can enable actuaries and risk managers to personalize the occurrence and impact of shocks to meet their needs, appetite, or regulatory requirements, the authors' work has important implications for the industry. This work also allows stakeholders - including policymakers - to evaluate how a given catastrophe may impact solvency. #mortality #modeling #catastrophes
Catastrophe risk in a stochastic multi‐population mortality model
onlinelibrary.wiley.com