Definitions for "mortality tables"
Actuarial tables used in the insurance industry to predict the life expectancy and the death rates for various types of people.
Actuarial tables displaying the frequency of death for an individual, by sex and generation. The use of mortality tables is often regulated and drives pricing and reserving in life insurance. Adjustments to life insurance provisions are sometimes made to take account of changes in life expectancy and the use of new mortality tables. The mortality rates used by the group for reserving purposes are disclosed in the annual report.
Tables constructed by insurance companies and others which provide the probability of death at a certain age. These tables can have a high degree of accuracy when used for a large number of people.
Mortgage Backed Securities Clearing Corporation (MBSCC) Mortgage broker