Description: The paper is an individual risk theoretical examination of annuities for the aged. Through retirement systems, social security and insurance plans, annuities for the aged are a very significant matter and are worthy of inquiry. From the Actuarial Research Clearing House 1992 Vol. 2.

Description: This is a presentation of recursive APL programs for Steffenson's and Romberg's algorithms. The programs call themselves repeatedly until terminating conditions are reached. From the Actuarial Research Clearing House ARCH 1987 Vol. 1.

Description: This paper's objectives are to reduce the variation of life expectancy due to changes in the closing out method and give more homogeneous old age mortality surface for the Algerian population. The paper will also provide readers with a general methodology to extend mortality to old ages for the Algerian population starting from adult mortality data.

Description: The analytical laws of mortality such as Gompertz and Makeham are often used by actuaries to describe the survival distributions. Numerical approaches to evaluate features such as mean and variance of these distributions may be very difficult not to mention the characteristics of their life contingent functions.

Description: Often an investor is offered an annuity for a fixed purchase price. The computation of the yield rate implied by this transaction must presently be computed by an iteration scheme, usually on a computer. With reasonable parameters, the problem of determining the yield rate can be readily solved with a desk calculator. From the Actuarial Research Clearing House 1982, Vol.1.

Description: This paper examines a differential equation model, whose solutions have yield curve shapes. The paper also examines the relevance of the model with historical monthly U. S. Treasury nominal rates. From the Actuarial Research Clearing House 1992 Vol. 1 .

Description: The Cash Flow Valuation Method has recently been adopted for valuation of annuity products in Canada and has application to all other life insurance products. Under this method, the statement liability for a block of business is the value of the assets required to enable the insurer to run off the block. The method therefore involves both assets and liabilities and reflects the insurer's investment policy.

Description: The basic thesis of this paper is that student capability to iNteract with new problems can be significantly increased by frequently exposing them to Written derivations, verbal-Intuitive justification of formulae and core sets of Comprehensive techniques by which to approach problems. Both instructor composition of problem resources for presentation and student practice of these problem resources can be achieved by semi-mechanical procedures accessible to everyone. For brevity we shall refer to this type of instruction by the acronym WINC. Presented at the 30th Actuarial Research Conference, August 17-19, 1995, Pennsylvania State University, Pennsylvania

Description: This paper suggests ways of presenting ideas from the theory of compound interest and actuarial mathematics using simulation on spreadsheets. From the Actuarial Research Clearing House 1997 Vol. 1.

Description: This is a proof on Lidstone's theorem. It contains formulas for calculating policy dividends.