Existing solvency regulation
done by actuaries and filed with the state regulators considers risks that the banks often do not do in their asset - liability analyses.
Not exact matches
Premium rates are currently based on analysis
done by the Chief
Actuary with the underlying economic assumptions provided
by the Minister of Finance.
Premium rates will continue to be based on analysis
done by the Chief
Actuary with the underlining economic assumptions continued to be provided
by the Minister of Finance.
But that's all
done behind the scenes
by actuaries.
I was floored
by the low level of rigor in the analyses — it made me think that every bank should have at least one
actuary to
do analyses with the level of rigor in the insurance industry.
What they were actually
doing was using tables calculated
by actuaries that assigned depreciation based on the age of the property alone.
No one is trying to be honest here — those writing the report, and the
actuaries at the Social Security Administration are
doing their best, but the politicians that passed PPACA twisted the math to make it look like a win for the American people, and bit -
by - bit, it will be revealed to be a loss.
A multiemployer plan that (i) is not in critical status for a plan year but is projected
by the plan
actuary to be in critical status in any of the succeeding 5 plan years, and (ii)
does not make an election to be in critical status for the plan year, must provide notice of its projected critical status to PBGC.
This is because
Actuaries live
by the Gaussian distribution, but the real world, where it matters, doesn't always play
by those rules.
Premium rates have to
do with
actuary tables and are determined
by actuaries that have taken several exams over a period of 6 - 10 years.
What the policy
does have is an insurance carrier staffed
by underwriters,
actuaries, and claims adjusters who are willing to help.
An
actuary is unlikely to be used
by cohabiting couples who separate because — unlike divorce or dissolution — one partner doesn't have to share their pension with the other.