Abraham, Jon P.
This Major Qualifying Project (MQP) developed and priced a longevity insurance product for men and women between the ages 50 and 75 planning for retirement. Using current mortality rates and analyzing trends of future interest rates, simulations of random bond defaults and random deaths were performed to determine the costs and expected profitability of a longevity insurance product.
Worcester Polytechnic Institute
Major Qualifying Project
All authors have granted to WPI a nonexclusive royalty-free license to distribute copies of the work, subject to other agreements. Copyright is held by the author or authors, with all rights reserved, unless otherwise noted.