Prof Andrew J.G. Cairns FRSE
Maxwell Institute, Edinburgh, and
Department of Actuarial Mathematics and Statistics
School of Mathematical and Computer Sciences
Heriot-Watt University
Edinburgh, EH14 4AS, UK

tel: (+44) 131 451 3245
fax: (+44) 131 451 3249

NOTE: This web page might not be updated on a regular basis during lockdown.


ARC Longevity, Mortality and Morbidity Research Programme

Latest research, papers and presentations from the Modelling Measurement and Management of Longevity and Morbidity Risk research programme funded by the ARC.

Modelling, Measurement and Management of Longevity Risk

Andrew Cairns is co-inventor of the CBD stochastic mortality models and author of the LifeMetrics open source R code for fitting stochastic mortality models that can be used for modelling, measurement and management of longevity risk.
Short biography: bio

Consultancy and Sponsored Research: There are possibilities to hire me on a consultancy basis and to sponsor major new research projects.

Recent papers, talks and other news:

  • Wen, J., Cairns, A.J.G., and Kleinow, T., (2019)
    Fitting Multi-Population Mortality Models to Socio-Economic Groups
    Working paper. (PDF file)
  • Cairns, A.J.G., Kallestrup-Lamb, M., Rosenskjold, C.P.T., Blake, D., and Dowd, K., (2019)
    Modelling Socio-Economic Differences in the Mortality of Danish Males Using a New Affluence Index.
    ASTIN Bulletin 49: 555-590. (Postprint PDF file)
  • Blake, D., Cairns, A.J.G., Dowd, K., and Kessler, A.R. (2019)
    Still living with mortality: the longevity risk transfer market after one decade
    Presented at a Sessional Research Meeting of the Institute and Faculty of Actuaries, Edinburgh, 29 January, 2018.
    British Actuarial Journal, 24: 1-80. (PDF file)
  • Cairns, A.J.G., and El Boukfaoui, G. (2017)
    Basis Risk in Index Based Longevity Hedges: A Guide For Longevity Hedgers
    (PDF file: postprint) North American Actuarial Journal
    DOI: 10.1080/10920277.2019.1651658
  • List of recent publications.
  • Download recent presentations.


  • F71TT: Risk Management Techniques and Tools - module home page.

    Gilts Database: (UK government bonds data: prices, amounts, indices)
    Book: Interest Rate Models: An Introduction, published by Princeton University Press.

    Research: Principal research interests are:


    How to find the Department of Actuarial Mathematics and Statistics:
    Campus Map: The Colin Maclaurin building is number 1 on the map.
  • MSc in Financial Maths home page
  • MSc in Actuarial Science home page
  • MSc in Actuarial Management home page
  • News and selected financial links.