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Beware stochastic model risk!
staple of actuarial work. In the life insurance and annuity business, they are often used for hedging of long-term ... stochastic model and fit the IS SU E 74 A U G U ST 2 01 9 4 | AUGUST 2019 RISKS & REWARDS ...- 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