Sentences with phrase «calculated by actuaries»
Underwriters determine their findings based off information calculated by actuaries.
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The cost of insurance is determined using mortality tables calculated by actuaries.
What they were actually doing was using tables calculated by actuaries that assigned depreciation based on the age of the property alone.
Underwriters determine their findings based off information calculated by actuaries.
Not exact matches
The break - even rate over the five - year period would continue to be calculated by the Chief Actuary of the EI program.
This is one reason why actuaries often price products by calculating marginal distributable earnings.
Actuary: An individual employed by an insurance company to calculate premium rates, reserves, dividends and other important figures using risk factors obtained from experience tables.
Motorbike insurance rates are set by actuaries, whose job is to calculate risk.
But it was true then, and now, that actuaries earn their keep by ensuring that the right numbers are being calculated.
An actuary is typically retained to calculate the net present value of the damages suffered by the employee.
It is calculated by specialists known as actuaries.
Insurance actuaries calculate the probability of catastrophic loss on a state - by - state basis, using a formula based on the total number of catastrophes in each state over a 40 - year period.
Actuary: An individual employed by an insurance company to calculate your premium based on specific company data.