Longevity Risk Segments
Longevity Risk Segments is designed for organisations that have signficant exposure to increased life expectancy, such as life insurance companies and pension providers with annuity portfolios.
A joint venture between Experian and Richards Consulting, a specialist in analysing longevity risk, this product delivers a significant advance in the management of longevity risk.
What can it do for me?
Longevity Risk Segments enables you to quantify your exposure to longevity risk by measuring individual life expectancy by socio-economic differentials and in terms of marital status and dependant's benefit.
A few key facts
- Longevity Risk Segments divides the population into one of seven mortality groups. These can be split by marital status into one of 21 segments.
- The classification uses Experian's demographic and lifestyle data in association with the Longevitas modelling system created by Richard's Consulting. It is updated annually and appended to Experian's UK Consumer Dynamics database to provide an accurate understanding of life expectancy amongst the UK adult population.
Download the Longevity Risk Segments factsheet