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  • Asset-Liability Modeling Issues: An Open Forum
    Open Forum 5 that was either stochastic or dynamic. So if the actuary were doing a model and let’s ... earned rate, no matter what, but if they had dynamic lapse in there, there would still be a range.

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    • Authors: Tracey Polsgrove, ELLEN COOPER
    • Date: May 2005
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Modeling & Statistical Methods
  • Measuring and Pricing for Tail Risk
    reflect that. It's basically very easy to build a dynamic assumption off of a real-world scenario. Again ... scenarios, you should be thinking in terms of dynamic behavior. Is the fact that they're holding this ...

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    • Authors: Henry M McMillan, David M Walczak, Douglas Robbins
    • Date: Jun 2004
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context
    • Publication Name: Record of the Society of Actuaries
    • Topics: Modeling & Statistical Methods
  • Actuarial Appraisals - Process and Issues
    called a static validation. There is also a dynamic validation, which calls for running the model for ... account when looking at a dynamic validation. But, in any event, dynamic validation is as important ...

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    • Authors: Richard Farrell, James Hawke, R Thomas Herget
    • Date: Jun 2004
    • Competency: Results-Oriented Solutions>Actionable recommendations; Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Publication Name: Record of the Society of Actuaries
    • Topics: Finance & Investments>Embedded value; Modeling & Statistical Methods
  • Financial Market Volatility: Modeling and Management
    Financial Market Volatility: Modeling and Management From a session at the Spring meeting of the ... risk;Derivatives;Discount rates=Interest rates;Dynamic simulation models;Generally Accepted Accounting ...

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    • Authors: Francis Sabatini, Application Administrator, Aleksandar Kocic
    • Date: Jun 2004
    • Competency: Technical Skills & Analytical Problem Solving>Incorporate risk management
    • Publication Name: Record of the Society of Actuaries
    • Topics: Finance & Investments>Risk measurement - Finance & Investments; Modeling & Statistical Methods
  • Stochastic Risk Modeling in Banks Versus Insurers
    Stochastic Risk Modeling in Banks Versus Insurers This session 15 PD of the Toronto Spring ... definition of “hedged as required” (which includes dynamic hedging strategies) they may hold reserves on a ...

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    • Authors: Donna Claire, W Steven Prince, Murray John Taylor, George Turpie, Chak Raghunathan, Nico Meijer
    • Date: Jun 2001
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Enterprise Risk Management; Modeling & Statistical Methods
  • ZZZ and ZZZZ Update
    criteria apply to optional replication, which permits dynamic hedging of an aggregation of policyholder liabilities ... the wording changed, essentially, to reflect a dynamic total portfolio hedging strategy. The other main ...

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    • Authors: Alan Downey, Martin E Goldman, James P Greaton
    • Date: Jun 2000
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Problem analysis and definition
    • Publication Name: Record of the Society of Actuaries
    • Topics: Financial Reporting & Accounting>Statutory accounting; Modeling & Statistical Methods; Public Policy
  • Financial Modeling Integration
    Financial Modeling Integration From a session at a meeting of the Society of Actuaries held ... tax laws, or policyholder behavior, dynamic lapses, and dynamic elections are going to be, then you bump ...

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    • Authors: Josephine Marks, Russell Osborn, Craig Merrill, S Michael McLaughlin
    • Date: Jun 2000
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Record of the Society of Actuaries
    • Topics: Modeling & Statistical Methods
  • Fuzzy Logic
    Fuzzy Logic From a session at a meeting of the Society of Actuaries held in Las Vegas, ... cognitive map. It actually began as an exercise in dynamic systems by Bart Kosko. It was an effort to analyze ...

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    • Authors: Timothy Swankey, Richard A Derrig, Fred A Watkins
    • Date: May 2000
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Pricing - Annuities; Life Insurance>Pricing - Life Insurance; Modeling & Statistical Methods
  • Risks in Investment Accumulation Products: Recent Research
    hedge against the guarantees using some sort of dynamic rebalancing strategy, then the computational problem ... it turns out that you can construct, using a dynamic rebalancing strategy, a perfect risk-free hedge ...

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    • Authors: Steven Miller, Peter Tilley, Martin Leroux
    • Date: Oct 1999
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Finance & Investments; Modeling & Statistical Methods
  • Bad Behavior: Policyholder and Interest Rates
    and customer behavior, in general, are part of a dynamic process. This is a process that you're probably ... that marketing strategy is going to feed into a dynamic system that involves the crediting strategy, lapses ...

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    • Authors: Klaus Shigley, Kenneth Mungan
    • Date: Jun 1998
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Modeling & Statistical Methods
  • Dynamic Financial Condition Analysis Handbook Task Force
    Dynamic Financial Condition Analysis Handbook Task Force Presented at October 1996 Annual Meeting. ... in Canada, and current research to support the Dynamic Financial Condition Analysis Handbook. Asset liability ...

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    • Authors: William J Bugg, Michael Eckman, James Reiskytl, Judy L Strachan
    • Date: Oct 1996
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Enterprise Risk Management>Financial management; Modeling & Statistical Methods
  • Technology and the Actuarial Pricing Model - What Comes Next?
    types of scenarios and conditions. We need more dynamic strategies, things that will simulate more proactive ... the calibration of models will come from more dynamic feedback from the systems that have been used to ...

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    • Authors: Shane A Chalke, Thomas W Reese, Irwin T Vanderhoof, Douglas A George, Mark C Abbott
    • Date: May 1996
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Record of the Society of Actuaries
    • Topics: Annuities>Pricing - Annuities; Life Insurance>Pricing - Life Insurance; Modeling & Statistical Methods; Technology & Applications>Software
  • Cash-Flow Testing Models and the Appointed Actuary
    to carry out dynamic solvency testing (DST). The profession determined that this dynamic solvency testing ... ahead, for the time being, in order to fulfill the dynamic solvency testing requirement for property/casualty ...

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    • Authors: Christopher David Daykin
    • Date: Apr 1994
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Modeling & Statistical Methods; Public Policy
  • Modeling What Constitutes a Good Predictor
    reality in an acceptablefashion. We refer to this as dynamic validation. A major stumblingblockhere is the abilityto ... validationprocess. Let's consider premiumsin this dynamic validation. This is just kind of a run-through ...

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    • Authors: Abraham Gootzeit, Douglas Menkes, Paul J Strong
    • Date: Oct 1993
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Modeling & Statistical Methods
  • Modeling Technologies
    going to walk. You must be able to build those dynamic features into your model, without having to make ... have a great time. Next, the system needs to be dynamic with respect to the key drivers, allowing ready ...

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    • Authors: Mark S Mahany, Thomas Nace, R Larry Warnock
    • Date: Apr 1991
    • Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
    • Publication Name: Record of the Society of Actuaries
    • Topics: Modeling & Statistical Methods; Technology & Applications>Software
  • Application Of Actuarial Analysis And Models To Evaluate Investment Features
    allocation or some other method which implies a very dynamic and changing mix of assets, perhaps as frequently ... just pointed out on something that's not quite so dynamic? MR. WENDT: I'll talk about TPF&C. We have a model ...

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    • Authors: Judy Feldman Anderson, John J Haley, Paul H Jackson, Richard Wendt
    • Date: Apr 1989
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Modeling & Statistical Methods; Pensions & Retirement>Assumptions and methods
  • Current Activities In Actuarial Research
    required. Linear programming is a one-stage process. Dynamic programming extends the single-stage assumption ... PANEL DISCUSSION the early attempts to bring dynamic programming to bear on the problem of choosing ...

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    • Authors: James W Dallas, Stuart Klugman, Harry H Panjer, Arnold Shapiro, Mark G. Doherty
    • Date: Oct 1985
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Experience Studies & Data; Modeling & Statistical Methods
  • Practical Applications Of Statistics And Operational Research For Actuaries
    to 'communicate' their predicted out- come in a dynamic environment. To that end, a strategic premise for ... how they are applied, with recogni- tion of the dynamic nature of these fundamental concepts and that they ...

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    • Authors: Robert P Clancy, James C Hickman, David Holland, Edward Robbins, James L Sweeney
    • Date: Oct 1984
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Actuarial Profession>Professional development; Modeling & Statistical Methods
  • Possible Values vs. Expected Values
    Possible Values vs. Expected Values An increasing need exists for the actuary to provide ... an account with National C S S. SOFASIM is a dynamic, integrated model. The overall view of a life insurance ...

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    • Authors: James C Hickman, Application Administrator, R Stephen Radcliffe, Irwin T Vanderhoof, John C Wooddy
    • Date: Oct 1981
    • Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
    • Publication Name: Record of the Society of Actuaries
    • Topics: Modeling & Statistical Methods
  • A Corporate Model for GAAP, et Cetera
    A Corporate Model for GAAP, et Cetera In this discussion, the panel recalls all of the ... company's earned rate of interest is by means of a dynamic simulation model. It seemed reasonable to Ed, John ...

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    • Authors: Alice B Goldstein, John C Wooddy, Barbara G Markowitz, Harry M Markowitz
    • Date: Apr 1979
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Modeling & Statistical Methods
  • Degree, Depth, and Frequency of Actuarial Reports to Company Management
    Degree, Depth, and Frequency of Actuarial Reports to Company Management This discussion focuses ... area of reporting to man- agement to be highly dynamic. Management's need for information is con- stantly ...

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    • Authors: Barton H Clennon, Wilfred A Kraegel, Robert A Lyle, John A Maurer, John W Paige, Richard S Robertson
    • Date: Mar 1975
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Actuarial Profession; Financial Reporting & Accounting; Modeling & Statistical Methods