actuarial

Definitions

  • WordNet 3.6
    • adj actuarial of or relating to the work of an actuary
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Webster's Revised Unabridged Dictionary
    • a Actuarial Of or pertaining to actuaries; as, the actuarial value of an annuity.
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Century Dictionary and Cyclopedia
    • actuarial Of or pertaining to an actuary or to actuaries, or to the business of an actuary: as, actuarial calculations; an actuarial society.
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Usage

In literature:

By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Number 194, July 16, 1853" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Number 195, July 23, 1853" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Number 196, July 30, 1853" by Various
The actuarial degree of improbability as to a coincidence so close, over a range so vast, I will not undertake to compute.
"Introduction to the Science of Sociology" by Robert E. Park
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Number 218, December 31, 1853" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Number 217, December 24, 1853" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Number 215, December 10, 1853" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Number 216, December 17, 1853" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Number 237, May 13, 1854" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Number 239, May 27, 1854" by Various
Assuredly, they who plan picnics are not animated by the spirit of an actuary.
"One Of Them" by Charles James Lever
He has the brain of an artist, but the soul of an actuary, and, sometimes, I wish I were not so fond of him.
"A Top-Floor Idyl" by George van Schaick
A.I.A., associate of the Institute of Actuaries.
"The New Gresham Encyclopedia. Vol. 1 Part 1" by Various
His books say so, and he was correct as an actuary.
"King of the Castle" by George Manville Fenn
What actuary, he asks contemptuously, can appraise the value of a man's opinions?
"Res Judicatæ" by Augustine Birrell
The societies have now a registrar, an actuary, a revising barrister and two public valuers.
"Encyclopaedia Britannica, 11th Edition, Volume 11, Slice 2" by Various
Associate of the Faculty of Actuaries.
"Chambers's Twentieth Century Dictionary (part 4 of 4: S-Z and supplements)" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Vol. IV, Number 102, October 11, 1851" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Vol. IV, Number 104, October 25, 1851" by Various
By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3.
"Notes and Queries, Vol. IV, Number 105, November 1, 1851" by Various
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In news:

The hearing examined the recent actuarial report which projected FHA to have a negative capital reserve ratio of 1.44.
Actuarially speaking, Warren Buffett may be nearing the end of his 47-year tenure at Berkshire Hathaway.
Michelle Raleigh, an actuary and health care executive with more than 22 years of experience, begins immediately as chief financial officer for the Gold Coast Health Plan.
The New York-based media and information company, said it reached an agreement to acquire the care guidelines business of Milliman, a Seattle-based actuarial and consulting firm.
Nevada prepaid tuition trust seeks to enroll actuarial consultant .
Eliminating current "double- dipping " restrictions on retired state employees would cost the state millions of dollars a year in additional pension payments, Consolidated Public Retirement Board actuary Harry Mandel told legislators Monday.
Nevada Higher Education Prepaid Tuition Trust Fund, Carson City, is searching for an actuarial consultant, confirmed Troy Watts, marketing coordinator for state Treasurer Kate Marshall.
Incumbent Sherman Actuarial Services is invited to rebid.
Hired Dahab Associates as investment consultant and Stone Consulting Group as actuarial consultant, confirmed Charles Kostro, executive director of the $270 million pension fund.
Ezra Penland Actuarial Recruitment Hires 3.
Despite increasing life expectancy in the US, more than half of retirees and pre-retirees underestimate how long they may live, according to a survey from the Society of Actuaries (SOA).
MoneyWatch) At parties and in social situations, once people learn that I'm an actuary who writes about retirement, they often ask me for a magic formula or number that will guarantee a secure retirement.
About 3,000 county employees are eligible for the backdrop, according to the actuary's report, including about 850 this year.
The pension plan for Delta Air Lines' pilots probably will be terminated before October to avoid more cash drains from pilot retirements, said an actuary for Delta Air Lines' pilots union.
The figures are based on states' own actuarial assumption about how much they expect their pension systems to earn -- typically 8 percent annually.
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In science:

The warm welcome of the Department of the Actuarial Mathematics and Statistics at the Heriot-Watt University and the support of the European Commission under the Marie Curie International Incoming Fellowship Programme are gratefully acknowledged.
On the Limit Law of a Random Walk Conditioned to Reach a High Level
The warm welcome of the Department of the Actuarial Mathematics and Statistics at the Heriot-Watt University and the support of the European Commission under the Marie Curie International Incoming Fellowship Programme are gratefully acknowledged.
On the Limit Law of a Random Walk Conditioned to Reach a High Level
Note, that in actuarial sciences and statistics it is more commonly known as the Weibull law [8,14].
Black swans or dragon kings? A simple test for deviations from the power law
Shevtsova, An improvement of the berry-esseen inequality with applications to poisson and mixed poisson random sums, Scandinavian Actuarial Journal (2010). A.
Shannon Entropy based Randomness Measurement and Test for Image Encryption
As a tool to study the — possibly highly non-linear — correlations between returns, “copulas” have long been used in actuarial sciences and finance to describe and model cross-dependences of assets, often in a risk management perspective [6, 7, 5].
Goodness-of-Fit tests with Dependent Observations
For applications in many areas such as environmetrics, actuarial science and quantitative finance, in addition to prudent examinations of univariate margins, careful modeling of various dependence patterns in corresponding distributional tails is often very important.
Intermediate Tail Dependence: A Review and Some New Results
Statistical Size Distributions in Economics and Actuarial Sciences, volume 381.
Intermediate Tail Dependence: A Review and Some New Results
These include, with increasing generality, likelihood ratio ordering, uniform stochastic ordering (equivalent to hazard rate ordering), stochastic ordering, and increasing convex ordering (of interest in economics and actuarial science); see Shaked and Shanthikumar for an overview.
Empirical likelihood-based tests for stochastic ordering
It has been used a long time ago to estimate risks of actuaries and introduced more recently into the theory of option prices [39,40] where it is now of wide use – .
Option Pricing from Path Integral for Non-Gaussian Fluctuations. Natural Martingale and Application to Truncated L\'evy Distributions
So far we haven’t considered market prices, just fair value, so we will define actuarial VaR as the 5% level of the distribution of possible fair values of a contract at a specified future time.
Weather forecasts, Weather derivatives, Black-Scholes, Feynmann-Kac and Fokker-Planck
Equation 14 actually gives us the actuarial VaR over short time horizons 1 .
Weather forecasts, Weather derivatives, Black-Scholes, Feynmann-Kac and Fokker-Planck
It is generally easier to calculate actuarial VaR over longer horizons by integrating the underlying process (equation 1) to give a distribution of future values of the expected index (which can be done analytically) and then calculating the distribution of values of V .
Weather forecasts, Weather derivatives, Black-Scholes, Feynmann-Kac and Fokker-Planck
To summarise: in an actuarial pricing world equation 13 gives us the fair price for weather options.
Weather forecasts, Weather derivatives, Black-Scholes, Feynmann-Kac and Fokker-Planck
As a result, the fair price satisfies both a PDE and an SDE, and the SDE can be used to estimate actuarial VaR over short time horizons.
Weather forecasts, Weather derivatives, Black-Scholes, Feynmann-Kac and Fokker-Planck
Matem`atica econ`omica, financera i actuarial, Universitat de Barcelona, Avda.
Consumption and Portfolio Rules for Time-Inconsistent Investors
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