Type | Conference Paper - Actuarial Society of South Africa’s 2016 Convention |
Title | 2011 Population mortality tables for quantum of damage calculations |
Author(s) | |
Publication (Day/Month/Year) | 2016 |
City | Cape Town |
Country/State | South Africa |
URL | http://actuarialsocietyconvention.org.za/wp-content/uploads/2016/11/ASSA-2016_KoningvdMerwe.pdf |
Abstract | In this study, population mortality tables for the 2001 and 2011 South African population are constructed. The 2001 and 2011 census data as well as the vital registration data on deaths for the period 2001 to 2011 were utilised to perform this task. The purpose of this study is to provide an up-to-date tool for quantum of damage calculations and strategic planning, which might be based on population mortality. The various applications also include calculations for state compensation schemes, insurance and demographic studies. The paper considers possible trends and patterns, in particular the effects of HIV and the use of antiretroviral drugs on population mortality. It does not make predictions as to what future mortality levels might be. Various comparisons to other South African tables are made, as well as comparisons to population tables from other countries, to consider changes over time and differences between populations. The tables also bridge the critique of using 30-year-old, and non-representative of our population, SALT85 tables, currently still the norm for many quantum of damage calculations in industry |
» | South Africa - Census 2011 |
» | South Africa - South African Census 2001 |