This tool allows you to explore the impact on reserves of different mortality assumptions. Note that this tool calculates using continuous-time mortality and interest, so fractional years of age, or steps in years of age, are permitted. Full documentation of the model structures used here can be found in the paper A handbook of parametric survival models for actuarial use, published in the Scandinavian Actuarial Journal.

This tool is provided without warranty of any kind.

Annuity calculator