Construct a numpy array by repeating a 1 dimensional array sliced at different indices I have a pandas dataframe (called base_mortality) with 1 column and n rows, which is of the following form:
    age   |   death_prob   
---------------------------
    60    |   0.005925
    61    |   0.006656
    62    |   0.007474
    63    |   0.008387
    64    |   0.009405
    65    |   0.010539
    66    |   0.0118
    67    |   0.013201
    68    |   0.014756
    69    |   0.016477

age is the index and death_prob is the probability that a person who is a given age will die in the next year. I want to use these death probabilities to project the expected annuity payment that would be paid to an annuitant over the next t years.
Suppose I have 3 annuitants, whose names and ages are contained in a dictionary:
policy_holders = {'John' : 65, 'Mike': 67, 'Alan': 71}

Then I would want to construct a new dataframe whose index is time (rather than age) which has 3 columns (one for each annuitant) and t rows (one for each time step). Each column should specify the probability of death for each policy holder at that time step. For example:
         John      Mike      Alan
0    0.010539  0.013201  0.020486
1    0.011800  0.014756  0.022807
2    0.013201  0.016477  0.025365
3    0.014756  0.018382  0.028179
4    0.016477  0.020486  0.031269
..        ...       ...       ...
96   1.000000  1.000000  1.000000
97   1.000000  1.000000  1.000000
98   1.000000  1.000000  1.000000
99   1.000000  1.000000  1.000000
100  1.000000  1.000000  1.000000

At present, my code for doing this is as follows:
import pandas as pd

base_mortality = pd.read_csv('/Users/joshchapman/PycharmProjects/VectorisedAnnuityModel/venv/assumptions/base_mortality.csv', index_col=['x'])
policy_holders = {'John' : 65, 'Mike': 67, 'Alan': 71}

out = pd.DataFrame(index=range(0,101))

for name, age in policy_holders.items():
    out[name] = base_mortality.loc[age:].reset_index()['age']
out = out.fillna(1)
print(out)

However, my aim is to remove this loop and achieve this using vector operations (i.e. pandas and/or numpy functions). Any suggestions on how I might improve my code to work in this way would be great!
Enter pandas.cut. It returns the bin in which each event lies. You can even pass the labels directly. This way you can reduce it to a Python loop over the people:
import pandas as pd
import numpy as np

age_bins = range(59, 70)   # one more than the probabilities
death_prob = [0.005925, 0.006656, 0.007474, 0.008387, 0.009405, 0.010539, 0.0118,
              0.013201, 0.014756, 0.016477]

policy_holders = {'John' : 65, 'Mike': 67, 'Alan': 71}

values = {name: pd.cut(range(age, age + 101), age_bins, labels=death_prob)
          for name, age in policy_holders.items()}

out = pd.DataFrame(values, dtype=np.float64).fillna(1)
print(out)

#          John      Mike  Alan
# 0    0.010539  0.013201   1.0
# 1    0.011800  0.014756   1.0
# 2    0.013201  0.016477   1.0
# 3    0.014756  1.000000   1.0
# 4    0.016477  1.000000   1.0
# ..        ...       ...   ...
# 96   1.000000  1.000000   1.0
# 97   1.000000  1.000000   1.0
# 98   1.000000  1.000000   1.0
# 99   1.000000  1.000000   1.0
# 100  1.000000  1.000000   1.0
# 
# [101 rows x 3 columns]

Note that the hin edges need to be one larger than the labels, because technically, this is interpreted as (59, 60], (60, 61], ..., i.e. including the right edge.