Description: This paper presents a formula for calculating the expected rate of return on shareholders' equity when an insurance company raises capital by issuing subordinated indebtedness. The ROE formula is also applicable to the case of raising capital by issuing nonconvertible preferred shares. From Actuarial Research Clearing House 1991, VOL. 2 .

Description: View the Avoiding Unfair Bias in Insurance Applications of AI Models - Chinese

Description: This discussion explores lapse experience on business financed at or near issue through policy or bank loans, the amount such financed business is increasing or decreasing, and the extent the exercise of the Fifth Dividend Option in practice is being confined to policyholders interested in minimum deposit policies.

Description: This discussion looks at general topics associated with electronics such as storage methods. From Transactions of Society of Actuaries 1960, Vol. 12, No. 34.

Description: Continuing change pervades the actuarial world. Actuarial tools and techniques are constantly evolving, new financial products and services appear regularly, legislation and regulation rarely remain unchanged for long, consumers are becoming better informed and more sophisticated, the financial environment is becoming increasingly global, distinctions between types of financial institution are becoming more blurred, and the areas in which actuaries find applications for their skills become more varied. In this context, the most important attribute for actuaries is the capacity to adapt. This paper considers some implications for university actuarial programs of the need to develop adaptive actuaries. It discusses the results of a survey of the preferred learning styles of Macquarie University actuarial students, examines the newly introduced Australian actuarial subject called 'The Actuarial Control Cycle,' and looks at the use of portfolios of student work. It concludes that in order to develop adaptive actuaries for the 21st century, actuarial programs must broaden the range and type of teaching/learning activities and assessment methods provided for students.

Description: Fifth edition on the current state and future opportunity of the retirement market and how perceptions and concerns about retirement differ by province in China.

Description: This paper investigates nonparametric estimators of the distribution function that are based on mixtures of gamma distributions when we have a random sample from a continuous distribution function. From Actuarial Research Clearing House 1993, VOL. 3.

Description: The study covers the extent of the use of big data or data analytics to enhance insurer operations, including sales, distribution, product development, underwriting and claims management within various markets within the Asia-Pacific region where the SOA has a strong and growing member population.

Description: Personal Injury Protection (PIP) pays for post-collision medical expenses regardless of who was at fault. It is only available in certain states

Description: A highlight report on family obligations in retirement stemming from a study on aging and retirement of Americans across five generations.