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Operations Research in Insurance: A Review
varying the year of required protection is the primary characteristic of the LP method that differentiates ... market potential should not be exacerbated. The primary task was to improve profitability by either increasing ...- Authors: Patrick L Brockett, Xiaohua Xia
- Date: Oct 1995
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Modeling & Statistical Methods; Technology & Applications
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Role of the Actuary In Corporate Planning
into some aspects of control of the provision of care itself. These are examples of an assessment of the ... become final. An actuary is well qualified to direct the planning activity because of his intensive ...- Authors: Morrison H Beach, John M Bragg, William H Breeze, Louis Garfin, J Stanley Hill, Clayton L Jackson, Jack D MacPhail, Bernard Rabinowitz, William A Spare, Alfred L Buckman, J Craig Davidson, Murray Grode
- Date: Apr 1968
- Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Actuarial Profession; Modeling & Statistical Methods
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The Birthday Rule and the Difference in Spouses' Ages
work record, one member of the couple as the primary beneficiary and the other as an auxiliary beneficiary ... the father's or the mother's insurer will be primary or secondary when the children's med- ical bills ...- Authors: Bertram M Kestenbaum
- Date: Oct 1992
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Health & Disability>Health insurance; Modeling & Statistical Methods
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A Policy-Year Model for GAAP Valuation of Coinsurance and Modified Coinsurance
of twenty years and the premium-paying period, care must be taken not to overstate the GAAP profit ... reinsurer, and the costs are the expenses of the direct writer. Since the business is coinsured, insurance ...- Authors: David N Becker, Michael Eckman
- Date: Jan 1981
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Modeling & Statistical Methods; Reinsurance>Coinsurance
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Computer Models and Simulation
estimate of computer time, I made only one run on the "direct" basis, which Benjamin regards as a waste of time ... amounts of computer time. Programming for this direct simulation was very simple, but the computer costs ...- Authors: Michael C Altschuler, Thomas P Bowles, Russell M Collins, John H Cook, Abraham Hazelcorn, Anthony J Houghton, Burton Jay, James Lee Lewis, Joseph P McAllister, Cecil J Nesbitt, William F Sutton, Robin B Welch, Eli A Zubay, Owen A. Reed, Harry D. Garber, Charles L. Trowbridge, David G Halmstad, John W Lincoln
- Date: Apr 1969
- Competency: Strategic Insight and Integration>Strategy development; Technical Skills & Analytical Problem Solving; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Modeling & Statistical Methods; Technology & Applications
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Simulation of the Ruin Potential of Non-Life Insurance Companies
variance of the distribution is infinite. Thus the direct Monte Carlo calculation of v(10,20) is impossible ... however, are in order for the unwary. You must be care- ful, as Dr. Seal was, to perform enough trials ...- Authors: John A Beekman, Hilary L Seal
- Date: Nov 1969
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Modeling & Statistical Methods
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AIDS: Some Aspects of Modeling the Insurance Risk
APPLICATION TO INDIVIDUAL COMPANIES In general, the primary risk of AIDS-related claims in the future is in ... whereas reserving for future issues will be taken care of by adjustments to the underlying mortality or ...- Authors: Fung-Yee F Chan, Michael Cowell, Harry H Panjer
- Date: Oct 1989
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Modeling & Statistical Methods
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Discussions on Concurrent Sessions - 1973 SOA Regional Meetings
well as parts, or just the parts. That takes care of the "how" and the "what" of cost disclosure. ... cost method for all cost comparisons. This is in direct conflict with existing replacement regulations ...- Authors: Society of Actuaries
- Date: Jan 1973
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Health & Disability>Health insurance; Life Insurance; Modeling & Statistical Methods
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On the Variance and Mean Squared Error of Decrement Estimators
approximation to his assumed binomial. Now consider a direct analysis when I - q - I. There are two approaches ... the overall sum. In such a case one would expect direct convergence to a Poisson-like variate. This might ...- Authors: Stuart Klugman
- Date: Jan 1981
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Modeling & Statistical Methods
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A Statistical Approach to Premiums and Reserves in Multiple Decrement Theory
solution that we found in those cases does not have a direct analogue in the decomposition of the total variance ... ( vnlS~+n--l':---a,--l) ,ip~[ / -' a~:~ . The direct difference method, L/5o~ =/s j _ PL'~, is also ...- Authors: James C Hickman
- Date: Apr 1964
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Life Insurance; Modeling & Statistical Methods