Description: Recent articles addressed the subject of fuzzy regression [FR] and the term structure of interest rates [TSIR]. Their approach relied on possibilistic regression. Although possibilistic regression has been used in many applications, it has a number of limitations, not the least of which is its nebulous relation to the least-squares concept. As an alternative to possibilistic regression, this paper uses fuzzy least square regression to investigate the TSIR.

Description: This abstract describes a study in which a goal programming model is constructed for analysis of a non-life insurance sector.

Description: This report provides a toolkit for actuaries and other interested parties to model and forecast mortality by cause and socioeconomic factors.

Description: Market consistent valuations require path-dependent discounting for scenarios. IFRS 17's requirement to discount best-estimate cashflows using locked-in rates could give non-sensical results in many instances. This article describes a technique for calibrating each of the scenario's cashflows so that they can be discounted with other discount factors or curves without distorting the value of underlying options and guarantees.

Description: Discusses the three complexity science sessions at the Annual Meeting that were sponsored by the Section.

Description: Discussion of methods to estimate unpaid claim liability UCL for health plans. Includes traditional IBNR lag method and a lag method based on claims reported but not paid RBNP. Issue No. 45

Description: The editors preview the articles in the February 2010 issue of Health Watch.

Description: A description of the random generalized linear model (RGLM) and how to use it.