Announcement: SOA congratulates the new ASAs and CERAs for May 2024.

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  • Actuarial Calculations Using a Markov Model
    income insurance, and certain types of long-term-care insurance. The method is based on convenient matrix ... examining a long-term- care system, we can represent the several levels of care available as states of ...

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    • Authors: Bruce Jones
    • Date: Jan 1994
    • Competency: Technical Skills & Analytical Problem Solving>Innovative solutions
    • Publication Name: Transactions of the SOA
    • Topics: Modeling & Statistical Methods>Markov Chain