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Male – Age 65 Frequency of Claims 19.80% Percentile Total Claims 1% 1,182 5% 6,323 10% 12,107 25% 21,467 50% 39,356 75% 54,731 90% 72,331 95% 78,335 99% 85,423 Max 91,867 Average Claim 40,064 Standard Deviation 22,280 Next, we examined the distribution of claims once we introduced variability in the length of life of this contract holder (stochastic mortality). Frequency of Claims 19.77% Percentile Total Claims 1% 1,205 5% 7,078 10% 13,063 25% 31,134 50% 62,004 75% 97,389 90% 128,015 95% 146,013 99% 181,974 Max 494,952 Average Claim 67,328 Standard Deviation 44,518

We observe similar results for female contract holders:

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