Description
Actuarial Risk Modeling and Life Contingencies.
Description
Provides functions for actuarial risk modeling, including survival models, life annuities, multiple-decrement models, and mortality improvement projections. The package is designed to align with standard actuarial notation and supports teaching, exam preparation, and reproducible actuarial analysis. The methods are based on standard actuarial references including Camilli, Duncan and London (2014, ISBN:9781625423474) "Models for Quantifying Risk" and Dickson, Hardy and Waters (2020, ISBN:9781108478083) "Actuarial Mathematics for Life Contingent Risks".
README.md
mqriskR
The goal of mqriskR is to provide functions for actuarial risk modeling, including survival models, life annuities, multiple-decrement models, and mortality improvement projections, using standard actuarial notation.
The package is designed to align with standard actuarial notation and supports teaching, exam preparation, and reproducible actuarial analysis.
Installation
You can install the development version of mqriskR from GitHub:
# install.packages("remotes")
remotes::install_github("aokine/mqriskR")
Example
This example computes a whole life annuity under a uniform distribution of deaths.
library(mqriskR)
ax(40, i = 0.05, model = "uniform", omega = 100)