Announcement: SOA releases passing candidate numbers for April 2024 Exam PA.

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  • Rainfall Insurance
    100 most expensive natural disasters during 1901-2000, Mexico accounts for seven. The losses were mostly ... 1. The actual country experience is listed in Table 1. The striking feature of the crop insurance ...

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    • Authors: Tapen Sinha, Edgard Baqueiro
    • Date: Jan 2006
    • Competency: Results-Oriented Solutions>Actionable recommendations; Technical Skills & Analytical Problem Solving
    • Topics: Finance & Investments>Derivatives; Modeling & Statistical Methods>Forecasting
  • Valuing American Options in a Path Simulation Model
    prices is a sequence S(0), S(1), S(2) . . . . , S (N) , in which the arguments of S refer to the epoch ... stock prices emanate from the initial stock price S(0). The simulation procedure involves the random ...

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    • Authors: James A Tilley
    • Date: Oct 1993
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Transactions of the SOA
    • Topics: Finance & Investments>Derivatives; Modeling & Statistical Methods>Dynamic simulation models
  • The Mollification Analysis of Stochastic Volatility
    described by a stochastic process: dS = #(S, t)dt + a(S, t)dW where W is a standard Brownian Motion ... and a is the instantaneous standard deviation of S which specifies its volatility. This paper presented ...

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    • Authors: Lijia Guo
    • Date: Jan 1998
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Actuarial Research Clearing House
    • Topics: Finance & Investments>Derivatives; Modeling & Statistical Methods>Stochastic models
  • Catastrophe Risk Bonds
    catastrophe occurs} ~- {u, +} {interest rate goes up, no catastrophe occurs} = {u, -} (13) {interest ... such as is shown in figure 3. Figure 3 ~ {u, +} {u, -} {a,+} {a, -} Tile values at time 1 of the ...

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    • Authors: Samuel Cox, Hal Warren Pedersen
    • Date: Jan 1998
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Actuarial Research Clearing House
    • Topics: Finance & Investments>Derivatives; Modeling & Statistical Methods