Description: Actuarial Research Clearing House 1992.2 -- Table of Contents

Description: This article comments on the editorial policies of the Actuarial Research Clearing House publication. ARCH 1993 Vol 1

Description: The authors offer a method for estimating parameters for well-known three-parameter models of force of mortality. The method involves fitting a series of linear regressions, and finding the least-squares estimates of all the parameters by using the Golden Section Search method. From Actuarial Research Clearing House 1993, VOL. 1.

Description: This is a class listing for the 27th Actuarial Research Conference. ARCH 1993 Vol 1

Description: This paper discusses the numerical stability of Panjer's recursion in computing aggregate claims distributions. From Actuarial Research Clearing House 1993, VOL. 1.

Description: This paper provides a description of a method that one can use to develop an estimate of accident year incurred losses if the only available data is aggregate paid losses by calendar year for a number of calendar years. An exhibit demonstrating the use of this method follows this description. From Actuarial Research Clearing House 1993, VOL. 3.

Description: This paper discusses some powerful uses of recursive functions, including: 1. Universal life, both for the calculation of target premiums and reserves. 2. Paid-up Rider. Recursive functions can directly determine a premium that precisely matures the rider. 3. Traditional Whole Life. Reserves can be efficiently calculated when needed instead of referring to a table of stored factors. From Actuarial Research Clearing House 1993, VOL. 3.

Description: This paper discusses the validity of model year rating for private passenger automobile coverages other than physical damage. While the techniques employed are elementary, the result is of interest to providers as well as purchasers of automobile insurance. From Actuarial Research Clearing House 1993, VOL. 3.

Description: Shapiro 1990 documented some of the criteria used by actuaries when selecting the assumptions for actuarial valuations. He noted, however, that many of these criteria are often were in conflict with one another. This paper uses expected utility theory to model this process of choosing actuarial assumption when faced with potentially conflicting criteria. The three criteria considered are prudence, best estimate and conservativeness.

Description: The study of Employee Benefits has always been aided by using financial algorithms. During recent semesters, the Lotus 1-2-3 package Lotus has been introduced to students due to the explosion of its use in the business community. This paper will show how our students use Lotus to design a spreadsheet for computing minimum annual distributions from tax-sheltered plans.