others as well as offering optimal mean-variance mortality hedging rules. Numerical studies are conducted to examine the … impact of LRD within mortality rates on various insurance products and the hedging efficiency …While abundant empirical studies support the long-range dependence (LRD) of mortality rates, the corresponding impact …

In recent multi-population stochastic mortality models, one critical scientific issue is the vague distinction between … improved robustness in terms of correlation structures and hedging performance, offering a new perspective on treating cross …- and auto-correlations between latent factors in mortality modeling. …