Description: This is the abstract of the paper Risk Classification by Fuzzy Cluster. In this paper an algorithm for risk classification is proposed. This algorithm is based on the concepts of fuzzy cluster. We test our algorithm with two examples, the results are very promising.

Description: This is the abstract of a preliminary report on a research project about the applications of dynamical systems theory in actuarial science. The project is funded by the AERF. The paper will briefly describe the nature of dynamical systems and present a tentative model derived from percolation theory that could be used to understand the pricing variations encountered in a competitive environment and that could also be used as a model for credibility. From Actuarial Research Clearing House 1992, Vol. 1.

Description: This abstract describes research related to Optional Coupon Reinvestment Bonds

Description: This is the abstract of the paper A Space Marching Finite Difference Algorithm for Valuing American. In this paper, the author considers the problem of valuating American options written on assets that pay continuous dividends with unknown optimal exercise boundary. The numerical solution of the associated free boundary value problem is investigated. This research has been partialy supported by the actuarial faculty fund at the Ohio State University.

Description: This is the abstract of a paper that deals with a recent modification of the Monte Carlo method known as quasi random Monte Carlo. Under this approach, one uses specially selected deterministic sequences rather than random sequences as in Monte Carlo. These special sequences are known as low discrepancy sequences and have the property that they tend to be evenly dispersed throughout the unit cube. For many applications in finance, the use of low discrepancy sequences seems to provide more accurate answer than random sequences.

Description: Abstract for the paper which gives a unified approach to modern credibility models by using the theory of estimating functions.

Description: A proposal for a minimum continuing capital and surplus requirement for life insurers has recently been circulated by the Department of Insurance Canada for comment by the life insurance industry and the actuarial profession in Canada. This talk describes some of the reasoning and methodology underlying this proposal.

Description: This is the abstract for a paper of Immunization Measures for Life Contingencies.

Description: The results of a mortality study for Canadian pensioners are presented. From Actuarial Research Clearing House, January 2000, Volume 1.