Description: A six-page article on an explicit formula for the probability of ruin. From Actuarial Research Clearing House 1993. VOL. 2.

Description: In this paper an algorithm is derived for computing the distribution of aggregate claims for the individual risk theory model. From Transactions of Society of Actuaries 1983, Vol. 35.

Description: This is the abstract of an article about the classical Lundberg inequality of insurance risk theory. From ACTUARIAL RESEARCH CLEARING HOUSE 1994 VOL. 1.

Description: It is the purpose of this paper to demonstrate in a mathematically rigorous manner that compound interest as usually understood is uniquely given by [l+i]^t for all real t.

Description: Genetic algorithms [GAs] and neural networks [NNs] are currently being used in actuarial and financial modeling. Nonetheless, while there is a general awareness of the nature of these techniques, there is often only vague familiarity with the details of how they are implemented. This paper is intended to help alleviate this situation. Its purpose is to present an overview of GAs and NNs, which includes an explanation of what they are, how they work, and an example of how they are implemented.

Description: Life insurance industry use experience studies to manage and monitor their blocks of business. The purpose of this paper is to provide an overview of the data cleansing and validation role specific to the life insurance experience study process.

Description: The net premium for insurance for expected loss in excess of a retention limit may be small, but the resulting variance of excess losses produces a standard deviation several times that of the premium. The purpose of this paper is to give a derivation and evaluation of the standard deviation of the excess losses.

Description: This paper is an attempt to examine transmission and incubation period models. Results are used to estimate the risk of HIV+ exposure of an individual company and the resulting reserve needs. From Transactions of Society of Actuaries 1989, Vol. 41.

Description: The objective of this paper is to present and to apply a numerical method in the calculation of the minimal and maximal ultimate ruin probabilities in two risk models given some moment constraints on the individual claimsize distribution. An application of this optimization problem is to find the extremal lower and upper bounds of the ultimate ruin probabilities given those constraints. The paper considers the classical risk models with constant and variable premiums.

Description: Evaluation of the excess mortality element of the Group Conversion charge. Followed by several discussion papers submitted