Abstract
The improvement of the longevity trend constitutes a great challenge for society. The long-term social and economic impact on health and care services as well as on the provision of pensions, annuities and insurance requires to accurately understand the uncertainty in the future evolution of life expectancy. The most popular and widely used model for projecting longevity is the well-known Lee Carter model. This study considers recent model enhancements in the present setting by comparing their main benefits and drawbacks.
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D’Amato, V., Haberman, S., Piscopo, G., & Russolillo, M. (2014). Alternative assessments of the longevity trends. In Mathematical and Statistical Methods for Actuarial Sciences and Finance (pp. 73–76). Springer International Publishing. https://doi.org/10.1007/978-3-319-05014-0_17
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