Version 1.1 of the Projections Toolkit

Date: Jan 03, 2010

Longevitas Ltd is pleased to announce the production release of v1.1 of the Projections Toolkit.  This version introduces the ability to include an over-dispersion parameter when fitting 2D P-spline models, a feature which allows for additional variance in larger datasets.  It is also potentially useful with datasets which have not been deduplicated.

About the Projections Toolkit

Insurers and pension schemes are under increasing pressure to understand the uncertainty over future mortality improvements.  An important tool for this is a stochastic projection model, which can be complicated to fit.  The Projections Toolkit makes it easy for an actuarial advisor to fit a wide variety of projection models to explore the uncertainties over future mortality.

The Projections Toolkit has particular application for life insurers and reinsurers under Solvency II in the EU.