After decades of improvement in life expectancy, researchers say that rates now appear to be leveling out. In fact, according to data from the U.K., mortality rates in 2018 are actually rising when compared to the previous year. Experts blame a number of factors, including ineffective influenza treatments and lower government spending on healthcare.
What are the implications for actuaries, who use life expectancy data to determine de-risking strategies and pension funding? And should actuaries react to these figures, or expect them to level out? See the full analysis in the article at The Actuary.