PUBLICATION REPORTS
Welcome to the Publications Report Page!
This page is your gateway to research and publications created by members and committees of the Caribbean Actuarial Association.
Pensions Committee
Caribbean Pension Mortality Study Report
The Society of Actuaries and the Caribbean Actuarial Association carried out this joint initiative in order to provide further research on the mortality experience of the Caribbean. The Society of Actuaries carried out the technical analysis of the data that was provided by the Caribbean Actuarial Association. The Caribbean Actuarial Association also reviewed the report and provided input into the final results and analyses presented.
Technical Steering Committee
The Smart Tables
The Smart Tables Team (STT) has developed a framework for actuarial loss of earnings tables which is expected to provide significant improvement in the calculation and assessment of damages for cases involving bodily injury and death.
In several developed countries, it is common for payments on disability or death to be determined by reference to actuarially based tables, such as the Ogden Tables in the UK. In most developing countries, this is not the case. Awards are often arbitrary and are not based on factors such as actuarial expectations of life.
The Smart Tables are based on the principles behind the UK Ogden Tables, but use indigenous demographic and economic assumptions. Population mortality tables for Trinidad and Tobago and Jamaica as well as an employed persons mortality for Trinidad were used for the indigenous mortality inputs for the cases in the Caribbean. These tables were created by a team led by CAA member Stokeley Smart, Senior Lecturer/Subject Leader in Actuarial Science at University of the West Indies, St Augustine Campus.
The CAA provided financial support for this project.
STT Presentation: International Congress of Actuaries, Sydney 2023
Caribbean 2002 - 2007 International Experience Study Report
The Caribbean Experience Study was undertaken as a joint research venture between the Caribbean Actuarial Association and the Society of Actuaries (SOA) International Experience Study (IES). The study was published in September 2014 and includes both mortality and persistency studies of policies in force any time during the 2002-2007 study period.
Guidance:
This is a non-mandatory resource and imposes no obligation on members.
The Caribbean Actuarial Association cannot be held liable in any way for the use or misuse of the guidance material.