Mortality Assumption

(redirected from Underlying Mortality Assumption)

Mortality Assumption

A statistical estimate of the number of deaths a life insurance company expects to occur over a given period of time. The mortality assumption influences the underwriting decisions an insurer makes.
References in periodicals archive ?
While the slope of the underlying mortality assumption is a key dynamic for understanding the impact of the mortality improvement assumption, the process for setting the baseline assumption is beyond the scope of this article.