Phrases with «actuarial method»

The phrase "actuarial method" refers to a mathematical technique used by actuaries to analyze and predict risks associated with future events, such as mortality or financial losses. It involves using statistical data and probability to make calculations and estimates, which helps insurance companies and other financial institutions determine appropriate premiums or reserves. Full definition

actuarial method

Sentences with «actuarial method»

Probation reports use actuarial methods to predict risk of reoffending i.e. they look at the offender as one example of a category of offenders. (lawyer-monthly.com)
When an individual retires under a DB plan, she is entitled to a stream of payments that has a lump - sum value that we calculate using standard actuarial methods (which take into account expected mortality patterns and adjust the sum of payments to reflect the fact that they are received over many years rather than at a single point in time). (educationnext.org)
Each year, LAWPRO staff track claims patterns and apply actuarial methods to re-evaluate the assumptions underlying risk - rating decisions. (practicepro.ca)
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Phrases with «actuarial method»

Sentences with «actuarial method»

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