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The Actuarial ReferenceThe Actuarial Reference helps those involved with property & casualty insurance better understand actuarial models.
http://www.actuarialreference.com/
The Actuarial Reference helps those involved with property & casualty insurance better understand actuarial models.
http://www.actuarialreference.com/
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The Actuarial Reference | actuarialreference.com Reviews
https://actuarialreference.com
The Actuarial Reference helps those involved with property & casualty insurance better understand actuarial models.
About - The Actuarial Reference
http://www.actuarialreference.com/about.html
This site is by a practitioner who has experience in pricing and reserving across different kinds of insurers. It's written with these goals in mind:. Be as easy to read and understand as possible. Be as relevant as possible. My hope is that there's at least one item on this site which helps you generate an idea, save you time, or be more productive on a project. This site is presented as-is. Use any of the resources here at your own risk. Please contact the Actuarial Reference at.
Are you questioning your actuary's assumptions enough? -The Actuarial Reference
http://www.actuarialreference.com/rightquestions.html
Are you questioning your actuary’s assumptions enough? In order to get the most out of your actuary, you should question the assumptions that underpin their models. Many actuaries would welcome this. What you should be doing is questioning the assumptions that are being made in each step and asking yourself “Does this make sense? 8221; This can have a large influence on the rates that are suggested by a model. Underwriters, agency managers and brokers usually know much more about the qualitative aspects ...
A brief comment about looking at actual vs expected results on a quarterly basis - The Actuarial Reference
http://www.actuarialreference.com/avevolatility.html
A brief comment about looking at actual vs expected results on a quarterly basis. Looking at results quarterly and changing ultimate loss ratios may not be a wise practice in all cases. The more volatile the line of business, the more likely it is that your actual vs expected results will be different in any given quarter. Then in Q2 you may get a massive claim and results will be worse than expected. Those techniques would most likely indicate you need to raise your ULR. If you’re dealing with a v...
An example of a "back-of-the-envelope" calculation toprice an insurance policy - The Actuarial Reference
http://www.actuarialreference.com/backofenvelope.html
An example of a "back-of-the-envelope" calculation to price an insurance policy. To an actuary, pricing insurance is all about trying to use historical data and judgment to come up with an insurance premium. In the best case scenario, there will be a clear pattern of how claims have developed and what kinds of inflationary pressures have existed on them. In the worst case scenario you'll have to rely entirely on assumptions to come up with a working estimate for how much to charge. August 2008: $8,000.
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The Actuarial Reference
A brief comment about looking at actual vs expected results on a quarterly basis. An example of a "back-of-the-envelope" calculation to price an insurance policy. Are you questioning your actuary's assumptions enough? The Actuarial Reference helps those involved with property and casualty insurance better understand actuarial models. Questions, suggestions and comments are welcome and you can expect a prompt reply. Please contact the Actuarial Reference at info@actuarialreference.com.
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Teachers Life breaks new ground with life insurance offering. Wednesday, October 1, 2014 at 08:54PM. On September 25, Teachers Life launched their online product portfolio using services from Acceptiv. Purchasing insurance from Teachers Life is straightforward; customers can select a desired sum assured or premium, then answer underwriting questions online. If they are not sure the system also features a simple-to-use needs analysis calculator. Innovation in a Glass. Wednesday, October 9, 2013 at 02:47PM.
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Enhanced Advice for Employers, Trustees and Advisers. ARC in the Press. The Actuarial Review Company was established to assist Employers, Trustees and their Advisers in the increasingly complex and regulated environment facing final salary schemes. ARC offers access to professionals with many decades of experience in the pensions and life assurance industry. We cite below some common examples of where reality falls well short of expectations. Clear, directive advice. A woolly set of options.
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