News

The Demography Committee of the Society of Actuaries in Ireland (SAI) has co-written a paper with the Continuous Mortality Investigation (CMI) of the Institute and Faculty of Actuaries (IFoA). Working paper 141 explores ways of adapting the CMI Mortality Projection Model for Irish population data, areas to consider when doing so and the likely challenges of such work. The paper also considers the potential impact on life expectancy of adapting the Model to use Irish population data.

The paper considers two approaches:

The Demography Committee of the Society of Actuaries in Ireland is pleased to present the results of the analytical review of methodologies in projecting best estimate mortality improvements for the Irish population. 

This paper summarises the analytical review performed by the Demography Committee in respect of a range of potential mortality improvement models in the context of best estimate, mortality improvement projections

 

The Demography Committee has prepared a report and recommendations following a review of the mortality assumptions used in converting a retirement fund into an annuity as prescribed in the following Actuarial Standards of Practice:

The Society of Actuaries in Ireland  provided a research grant last year to Colm Fitzgerald, a Fellow of the Society, to enable him to collate an extensive economic, investment and financial dataset, for use by actuaries and other interested persons and bodies.  Approximately 300 years of equity and bond/interest rate data, along with approximately 900 years of inflation and earnings inflation data,