Description: The conventional way to analyze grouped observations on a single variable is to construct histograms or, sometimes, fit a normal distribution. We extend this latter approach by allowing for transformations to near normality.

Description: This study note focuses on actuarial applications and loss distributions for insurance products.

Description: This paper presents simple Bayesian graduation models that substantially ease the prior elicitation burden, and also describes a Monte Carlo integration approach that greatly reduces the computational load.

Description: Feature article providing an in-depth look at using genetic algorithms.

Description: Presented at Living to 100 symposium, January 2011. This paper presents a method for using death records to infer exposure on non-extinguished cohorts, thereby allowing the development of a credible table for high ages.

Description: Panelists discuss the process and challenges presented by mergers or acquisitions. From the Record of the Society of Actuaries, Vol. 24, No. 2.

Description: All claim reserve systems endeavor to derive estimates of the unpaid portion of claims which have been incurred over a given period of time, making use of information on numbers of claims and amounts paid on claims as of the valuation date. In this paper, a claim reserve system is described. While the system does produce the traditional type of single-point estimates of claim reserves, it also provides the user with frequency distributions of claim reserves

Description: The purpose of this note is to show how certain formulas of life contingencies can be derived almost painlessly under the uniform distribution of deaths assumption.

Description: Presents a theoretical basis for a computerized methodology for estimating biological age - a measure of time to death.

Description: We ask whether we can find support for the previously reported upper limit of the force of mortality of 0.7, i.e. about the probability of tossing a fair coin.