Open Platform: Technology Game of Life

Geoff Hodge and Phil Davies

The complexities of the life business become clear when you consider actuaries’ attempts to estimate the future scale of liabilities and commitments based on uncertain events. Models analyze current and future demographics, incorporate a huge variety of population statistics and potential healthcare outcomes, calculate likely payouts and match that against the fund’s investment profile. Owing to the proprietary nature of these functions, many life firms have preferred to rely on their trusted in

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