Socioeconomic Mortality Tables for the Belgian Population - 07/02/2023 (2 CPD)
The Finance and Insurance research group (FINS) from the VUB has been working on prospective socioeconomic mortality tables for the Belgian population.
Those tables are useful for insurance companies, pension funds and the Belgian government.
Their application is multiple, ranging from profit testing, reserving, risk management and product design to public policy.
To construct the novel tables, extensive data from DEMOBEL (Statbel) has been gathered. The data include information on socioeconomic variables such as income, sector, home ownership, professional status, and family situation, all of which have been studied in detail.
In this seminar, we will demonstrate the strong predictive power of socioeconomic factors on mortality. For each factor, we discuss its contribution to mortality. We show how this can be used to construct mortality tables that upgrade the current IABE prospective mortality tables.
The work has been conducted by PhD student Marco Feliciangeli, Prof. Jeroen Kerkhof, and Prof. Steven Vanduffel.
Some practical information:
- More details and registration is available here.
- After the presentation, you will be invited for a cocktail with snacks.
- After registration, you will receive after a few days confirmation of the payment received.
- A few days in advance, a reminder will be sent , a campus map with explanation and a link for number plate registration so that one can park on campus
- There will also be signage on the campus.