Actuaries utilize demographic features such as mortality and longevity rates for pricing, valuation, and reserving life insurance and pension contracts. Capturing accurate mortality estimates requires factual mortality assumptions in mortality models. However, the dynamic and uncertain nature of...

The COP27 (United Nations Climate Change Conference) in November 2022 once again highlighted the fact that countries are starting from different positions when it comes to emissions and climate policy. This Weekly Report classifies countries into representative profiles based on their past,...

Purpose This paper studies diversification and value in the investment portfolios of (non-listed) Real Estate Investment Funds (REIFs) exploring how the value of diversification is captured by the market and by investors (beyond reported valuations). Design/methodology/approach We apply the...