Description: The actuarial profession is faced with a problem of determining delta-ized reserves on a basis which will include appropriate provision for adverse deviations in mortality, lapses, interest rates, and expense rates. This paper describes briefly a method which could be used to solve this Followed by papers submitted by 2 authors problem in a flexible manner.

Description: This paper by John Mereu describes a method for mathematically computing the expected loss under a group life contract in excess of a stated limit. The paper also shows how to compute the variance and standard deviation of the stop-loss claim and suggests how the method can be extended to group insurance benefits where the claim amount per certificate is not fixed. Paper is followed by discussions from several people

Description: This paper is concerned with the determination of credibility factors applicable to the estimation of the true claim level of a particular risk, based on both the actual observed claim experience of that risk and the expected claim level that would be predicted for the risk according to its exposure characteristics. From Transactions of Society of Actuaries 1969, Vol. 21, Pt. 1, No. 59 AB.

Description: The goal of this paper is to develop best possible estimates for the higher moments of a distribution of a positive bounded random variable, such as claim amounts, where these estimates are given in terms of the mean.

Description: This paper defines a general model for arbitrary units and gives formulas for computing the variance and mean squared error of decrement estimators. It is observed that, in small studies, the mean squared error is reduced by counting lives, even if the probability of death depends somewhat on the amount of insurance. From Transactions of Society of Actuaries 1981, Vol. 33.

Description: Reports generally display tables of data broken down by many variables. This paper presents a variation of the Whittaker-Henderson graduation method that may be used to graduate such multidimensional data. Followed by several discussion papers submitted

Description: This is a discussion of the paper, Frequency Distribution of Mortality Costs by John M. Boermeester, which used a series of random numbers to estimate variables under study.

Description: This paper examines the risks involved with equity investing for pension funds. From Transactions of Society of Actuaries 1959, Vol. 11, No. 31.

Description: This paper presents best upper and lower bounds on the expected value of an insurance payment under the terms of a contract written on a random loss with known moments. From Transactions of Society of Actuaries 1991, Vol. 43.

Description: This paper discusses interest rate generators which vary by intended purpose. The primary focus is on fairly elementary generators for studying C-3 risk, with major emphasis on parametric, mean reversionary generators.