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Beware stochastic model risk!
Beware stochastic model risk! The article warns against treating the results of a stochastic model with more deference than other ... of model and calibration. Statistical methods 9/17/2019 12:00:00 AM ...- Authors: Stephen Strommen
- Date: Sep 2019
- Competency: Professional Values; Technical Skills & Analytical Problem Solving
- Publication Name: Risks & Rewards
- Topics: Modeling & Statistical Methods; Modeling & Statistical Methods>Scenario generation; Modeling & Statistical Methods>Simulation; Modeling & Statistical Methods>Stochastic models
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Five Surprising Benefits of Actuarial Model Conversion
Five Surprising Benefits of Actuarial Model Conversion Actuaries understand the technical benefits ... International Financial Reporting Standard 17 (IFRS-17) across the world, to the introduction of cloud ...- Authors: Stephan Mathys
- Date: Nov 2020
- Competency: Results-Oriented Solutions
- Publication Name: The Modeling Platform
- Topics: Modeling & Statistical Methods>Modeling efficiency; Modeling & Statistical Methods>Simulation
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Is Now the Time for Reinsurers to Enter LTCi?
Is Now the Time for ... 3% 13 9% 14 4% 14 9% 15 4% 16 0% 16 5% 17 0% 17 6% 18 1% 18 6% 19 2% 19 7% 20 2% 20 8% ... 3% 13 9% 14 4% 14 9% 15 4% 16 0% 16 5% 17 0% 17 6% 18 1% 18 6% 19 2% 19 7% 20 2% 20 8% ...- Authors: Marc Glickman
- Date: Mar 2016
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>Actuarial theory in business context; Results-Oriented Solutions>Actionable recommendations; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Reinsurance News
- Topics: Experience Studies & Data>Long-term care - Experience Studies & Data; Experience Studies & Data>Morbidity; Experience Studies & Data>Mortality; Long-term Care>Long-term care insurance; Modeling & Statistical Methods>Sensitivity testing; Modeling & Statistical Methods>Simulation; Reinsurance>Pricing - Reinsurance
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Simulating A Predictive Multivariate Total Claim Distribution With Excel VBA
Class 2 Class 3 17 30 5 21 7 17 13 18 Period 3: Claims Class 1 Class 2 Class 3 17 16 22 19 10 20 ... can be written as L(n|Θ) = k∏ t=1 Pr[N = nt|Θ]. (17) Once we substitue the multivariate probability ...- Authors: Rohana Ambagaspitiya
- Date: Jul 2007
- Competency: Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Problem analysis and definition
- Topics: Health & Disability; Modeling & Statistical Methods>Bayesian methods; Modeling & Statistical Methods>Simulation
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A Conversation with Alan Mills, ND, FSA
work with giants Health Watch | January 2014 | 17 ContInUEd on pAge 18 of complexity science like ... Conversation with alan mills, ND, fSa … | from pagE 17 developed wonderful models of worldwide pan- demic ...- Authors: Mary Moran
- Date: Jan 2014
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>Actuarial theory in business context; External Forces & Industry Knowledge>External forces and business performance; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Health Watch
- Topics: Modeling & Statistical Methods>Simulation
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Using Monte Carlo Simulation to UnderstandMortality
Using Monte Carlo Simulation to UnderstandMortality This is the first year for appointed actuaries ... 320,000 400,000 16 61.5% 200,000 350,000 536,000 17 65.4% 260,402 365,737 590,737 18 69.2% 295,000 375 ...- Authors: Robert Guth
- Date: Dec 2000
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations
- Publication Name: Small Talk
- Topics: Modeling & Statistical Methods>Simulation
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Replicating Portfolio Implementation
Replicating Portfolio Implementation This article talks about replicating portfolios, a basket of financial instruments ... from: Risk Management September 2009 – Issue 17 C H A I R S P E R S O N ’ S C O R ...- Authors: ANDREW NG
- Date: Sep 2009
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Risk Management
- Topics: Enterprise Risk Management; Modeling & Statistical Methods>Simulation
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Stochastic Simulation for C3 Risk:A Statistical Review
current practice. FEBRUARY 2005 • RISKS AND REWARDS • 17 STOCHASTIC SIMULATION FOR C3 RISK: A STATIST ICAL ... SIMULATION FOR C3 RISK: A STATIST ICAL REVIEW From Page 17 Table 8: 10-Year Longitudinal Correlations Longitudinal ...- Authors: Richard Wendt
- Date: Feb 2005
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Publication Name: Risks & Rewards
- Topics: Modeling & Statistical Methods>Simulation; Modeling & Statistical Methods>Stochastic models
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Corporate Models
Corporate Models This is a record of a session at the October 1975 Annual Meeting of ... SURPLUS _CCOUNT WITHDRAWALS) NOT CARRIED. GAIN YEARS 17 S O N P SPECIAL DEDUCTION FOR NONPARTICIPATING CONTRACTS ...- Authors: Anthony Amodeo, Robert J Johansen, John C Wooddy, Barbara G Markowitz
- Date: Oct 1975
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Record of the Society of Actuaries
- Topics: Modeling & Statistical Methods>Simulation
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Profiling Physician Performance
Profiling Physician Performance Panelists discuss the methods HMOs employ to measure their providers' quality of care, outcomes, compliance ... 17 out the referral patterns. What needs to be done ...- Authors: Joel C Hoffman, David Josephson, David Terry, John C Vataha, Kelly Myers
- Date: Jun 1999
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>Actuarial theory in business context; Technical Skills & Analytical Problem Solving>Problem analysis and definition
- Publication Name: Record of the Society of Actuaries
- Topics: Actuarial Profession>Ethics; Economics>Health economics; Health & Disability>Health care; Health & Disability>Health care quality; Modeling & Statistical Methods>Regression analysis; Modeling & Statistical Methods>Simulation