Description: This paper highlights how the estimation procedure works in regards to annuities, including immediate life annuities.

Description: This paper investigates the use of models of dependent mortality for determining annuity values. We discuss a broad class of parametric models using a bivariate survivorship function called a copula. Using data from a large insurance company to illustrate our methods, we calculate maximum likelihood estimates to calibrate the rnodel.

Description: This paper shows the mortality element can be partially isolated allowing an exact annuity value to be readily obtained at any interest rate. From the Actuarial Research Clearing House 1979, Vol.2.

Description: This paper analyzes the U. S. Treasury monthly interest rates from 1953 to 1992, and the daily rates from 1981 to 1992 for various forms of chaotic behavior. The primary analysis was in determining the Burst Exponent by the use of Rescaled Range Analysis. This paper also discusses other possible uses of Fractional Brownian Motion in Finance Theory, Macroeconomics, and Actuarial Science. From Actuarial Research Clearing House 1994 VOL. 1.

Description: This paper documents how mutual company surplus is determined and shown in a GAAP statement, including supplementary information, and offers how such reports could caption this item more appropriately.

Description: ARCH Research Clearing House 2000.1 Contents

Description: The purpose of this paper is to suggest that additional measures - which would supplement, rather than replace the percentage of payroll data currently used - should be examined to evaluate the projected effect of the cash benefits of the OASDI program. From the Actuarial Research Clearing House, 1994, Vol. 1.

Description: The Annual Reports of the Trustees, for the Social Security Trust Funds, are cornucopia of data. However, the major focus is on projections expressed as a percentage of payroll. The purpose of this paper is to suggest that additional measures - which would supplement, rather than replace the percentage of payroll data - should be examined to evaluate the projected effect of the cash benefits OASDI program.

Description: An analysis of how to compute the variance of the present value of future annuity payments as a component of assessing the mortality component of the provision for adverse deviation in the computation of GAAP reserves.

Description: This paper presents a new method for blending census and Medicare mortality rates for the U.S. Decennial Life Tables. From the Actuarial Research Clearing House 1992 Vol. 2 .