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Critical Review of Stochastic Simulation Literature and Applications for Health Actuaries
However, a recent call for proposals for modeling mortality and lapse risks in life insurance shows an expanded ... of simulation model, multi-state, dynamic life-table models (of which the PopMod model used by Lauer ...- Authors: Louise H Anderson, Ian G Duncan, Katherine Hall, Brian C Martinson
- Date: Sep 2007
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>External forces and business performance
- Topics: Enterprise Risk Management; Modeling & Statistical Methods>Dynamic simulation models; Modeling & Statistical Methods>Markov Chain; Modeling & Statistical Methods>Modeling efficiency; Modeling & Statistical Methods>Stochastic models
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The Coming Revolution in Risk Management
workers’ comp disaster in U.S. history. In health care, the largest sector in the U.S. economy, costs continue ... trillion in 2010, twice as much as they were in 2000. In the face of such staggering numbers, the insurance ...- Authors: Lilli Segre Tossani
- Date: Oct 2002
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Risks & Rewards
- Topics: Enterprise Risk Management; Modeling & Statistical Methods>Dynamic simulation models
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A Property/Casualty Perspective: The Birth, Death and Resurrection of Dynamic Financial Analysis
should we grow in or leave? How does the company's reinsurance structure need to be revised and restructured ... more assumptions, scenarios and considerations. Let's see. If you increase rates 40 percent, how many policyholders ...- Authors: Robert F Wolf
- Date: Oct 2008
- Competency: External Forces & Industry Knowledge
- Publication Name: The Actuary Magazine
- Topics: Enterprise Risk Management; Modeling & Statistical Methods>Dynamic simulation models