Stochastic Mortality Modelling and Management of Longevity Risk with Pricing and Reserving Applications to Annuity Products

What belongs to a good preface? Primarily gratitude: gratitude to everyone who was directly and indirectly involved in writing this doctoral thesis. First and foremost, I would like to sincerely thank Prof.Dr.Antje Mahayni for her helpful advices, ongoing support and all the fruitful discussions held during my studies. She always managed to create an open and casual but, at the same time, highly productive atmosphere within her chair in Duisburg. I really enjoyed being a member of the Mercator School of Business and to support its teaching. I am also pleased to thank the remaining members of the board of examiners. Furthermore, I wish to express my gratitude to academic counsel Dr. Sven Balder for his creative ideas and valuable suggestions in connection with calibration tasks and computer programming. In particular, I would like to thank my colleagues Judith Schneider and Daniel Zieling for their interesting feedback and useful remarks on challenging research issues. Special thanks go to Susanne Brand for being a great help in all aspects of daily university life. She is th