Abstract:
This analysis of the 2001 CSO is divided into five sections in order to grasp the full impact of this evolutionary occurrence. In the first section, the life of the actuary is described and an introduction to the 2001 CSO is made. Section II breaks down the events that lead to the development of the 2001 CSO as well as how these mortality tables were created. The third section explains the timeline and process needed for the implementation of the 2001 CSO. Section IV examines how the 2001 CSO will affect the life insurance, reinsurance, and pension actuary. Finally, the firth section provides a conclusion with an overview of the 2001 CSO. These five sections mesh to provide a comprehensive view of the 2001 CSO and how it will impact actuaries and their companies.