Today we released updated mortality models for our life expectancy products. With approximately 90,000 unique lives and 29,000 observed mortality events over the last 15 years, ITM TwentyFirst maintains one of the largest structured datasets concentrated on US seniors and impaired individuals.
The latest update includes many exciting advances that were possible with the richer data set and advanced analytical tools. Improvements were made in many areas, including (i) quantifying the impact of the age dependency of impairments on life expectancy, (ii) quantifying the time-decay effect related to impairment levels at older ages, and (iii) further understanding the relative risk of various health conditions on seniors.
For more information, contact:
Chief Underwriting Officer