Rate of natural change

{
  "id": "MLC-T-INS-002796",
  "term": "Rate of natural change",
  "field": "Insurance and risk management",
  "definition": "The difference between the crude birth rate and the crude death rate within a population over a specific time, excluding the effects of migration. This demographic measure is a key input for actuarial models used by life insurers and pension funds to project future mortality and longevity trends. A positive rate indicates population growth, while a negative rate signifies a natural population decline.",
  "url": "https://mlchart.com/terminology/insurance/rate-of-natural-change/"
}