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Substitute Facts for Appearances and Demonstrations for Impressions

Substitute Facts for Appearances and Demonstrations for Impressions This article gives examples of how an actuary can live by the actuarial motto of substituting facts for appearances. The ...
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Description: This article gives examples of how an actuary can live by the actuarial motto of substituting facts for appearances. The specific examples given are setting the mortality for table shaved individual life business and setting late duration lapse assumptions for level term business.
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- Authors: James Filmore
- Date: Oct 2013
- Competency: Strategic Insight and Integration>Effective decision-making; Technical Skills & Analytical Problem Solving>Problem analysis and definition
- Publication Name: Product Matters!
- Topics: Experience Studies & Data>Mortality; Life Insurance>Policyholder behavior - Life Insurance; Life Insurance>Pricing - Life Insurance; Reinsurance>Pricing - Reinsurance

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Substitute Facts for Appearances and Demonstrations for Impressions