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Validating a Liability Model

Validating a Liability Model This paper reviews validation for the model of a life insurance company's liabilities with actual company data. Two methods are reviewed: static and dynamic ...
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Description: This paper reviews validation for the model of a life insurance company's liabilities with actual company data. Two methods are reviewed: static and dynamic validation. From Society of Actuaries Financial Reporting Monograph, M-AS99-1.
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- Authors: Richard D Olswang
- Date: Oct 1999
- Competency: Technical Skills & Analytical Problem Solving
- Topics: Modeling & Statistical Methods

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Validating a Liability Model