Sentences with phrase «of actuaries report»

That kind of thinking may help explain this startling finding in a just - released Society of Actuaries report: Only 48 percent of retirees surveyed in 2009 had completely paid off their mortgages, compared with 76 percent in the group's 2007 study.

The Society of Actuaries reported in 2000 that there is an 81 % chance that one or both members of a 65 - year - old couple will live to age 85, and a 58 % chance that one or both will make it to age 90.

The Society of Actuaries reported that in the early 2000s, 26 % of whole life policies were terminated within the first 3 years, and 45 % were terminated within the first 10 years.

Not exact matches

In the 23rd Actuarial Report on the Canada Pension Plan (OCA, 2007), the Office of the Chief Actuary (OCA) certified that, in spite of the substantial increase in CPP benefit payments that would result from the retirement of the baby boom generation, the current legislated contribution rate of 9.9 per cent for employers and employees combined would be more than enough to pay for benefits through 2075.

In that report the chief actuary reported a surplus in the account of $ 3.5 billion in 2015.

From a report written by Simpa Baiye, a consulting actuary, and published by the Society of Actuaries.

An auditor / actuary contravention report (ACR) is used to report certain contraventions of the Superannuation Industry (Supervision) Act 1993 (SISA) and Superannuation Industry (Supervision) regulations (SISR) to us.

I've been involved in financial reporting for a large amount of my career, so even though I've never had an accounting course in my life, I've had to work with some of the most arcane accounting rules out there as an actuary, and later as an investor.

And according to a 2007 report by the Canadian Institute of Actuaries, there's a 40 % chance that an average Canadian retiring at 55 will run out of savings by 85, and a 90 % chance of being broke altogether at 95.

Most recent determination: Chief Actuary of Canada report in 2013.

I've only experienced it as an actuary working in financial reporting, and it amazed me to see the detail work that they went through of checking cash flows (which should be done — how else do we detect fraud?)

Oakville - based wealth advisor Warren Baldwin of T. E. Wealth agrees, calling the senior actuary's report a «bit of a tempest in a teapot» given that the impact on those eligible for GIS is an expected reduction in 2060 (which is when the enhanced CPP fully kicks in).

Despite occasional warnings in the media that began five years earlier after the Chief Actuary of the Social Security Administration suggested in his 2027 year - end report that this was likely to happen in 4 - 6 years, most media and people tuned it out because it was impossible in their eyes, and face it, actuaries are deadly dull people.

The Actuary The Global Wind Energy Council's (GWEC) biennial Global Wind Energy Outlook report states that by 2030 wind power could reach 2,110 GW accounting for 20 % of global electricity.

The report was written by Dr. Evan Mills, a scientist with the U.S. Department of Energy's Lawrence Berkeley National Laboratory; Richard Roth Jr., former chief property and casualty actuary and assistant commissioner at the California Department of Insurance who now works with a leading U.S. actuarial consulting firm; and Eugene Lecomte, president emeritus at the Institute for Business and Home Safety in Boston and 50 - year veteran in the insurance industry.

We hire medical experts, engage in extensive medical record and procedural review, and work with distinguished actuaries to develop comprehensive loss of future income reports.

121.19 (1) An oral or written statement or report made under this Act by an actuary or former actuary of the insurer has qualified privilege.

If you're concerned about the division of pensions, a good place to start is to get a pension report from a pensions actuary.

(2) An actuary or former actuary of the insurer who in good faith makes an oral or written statement or report under section 121.11 or 121.18 is not liable in any civil proceeding seeking indemnification for damages attributable to the actuary or former actuary of the insurer having made the statement or report.

Actuaries reviewed two years of collision reports from 2009 and 2010 to identify cities with high rates of accident claims.

As noted in the Report of the Society of Actuaries Mortality Improvement Survey Subcommittee (a real thing), mortality improvement comes in two forms.

It is said by the regulator that the actuary's under - reserving has emerged in the deficit in the IBNR, i.e. Incurred But Not Reported Claims Reserve, of Rs. 4,263 crores, that was given away in the fiscal statements of insurance company as on March 31, 2016.

Usual duties listed on an Actuary resume example include analyzing data, preparing reports, advising on various business aspects, collaborating with other professionals, and implementing the requirements of regulatory bodies.

Create Resume EVA STONE 100 Main Street, Cityplace, CA, 91019 [phone] [email protected] Summary Dynamic and highly qualified underwriter with extensive knowledge of policy language, rating structures, reinsurance and actuary reporting.