WTW launches mortality model bringing enhanced predictive capabilities to U.S. pension risk transfer market
WTW has launched a new version of its Geospatial Mortality Model (GMM) designed for the U.S. pension risk transfer market. The model integrates geographic and socioeconomic data to improve mortality assumptions, supporting insurers and reinsurers in pricing and managing longevity risk more accurately. The model is based on extensive mortality data,…