Actuarial calculations formulas
A guide to CA2 Model documentation, analysis and reporting ...
CA2 requires students to produce a model of an actuarial nature in Excel and document the model’s calculations in an audit trail. Students are also required to produce a summary of a separate model. The emphasis of the examination is on the clear documentation and communication of the modelling work, including its results.
[DOC File]69O-149
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(O) Other actuarial considerations that affect the determination of projected values. (V) The method or formulas, including necessary assumptions and sample calculations, used in determining the projected values from the experience period used shall be provided.
[DOCX File]Instructions for Life Risk Based Capital Formula
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J.An actuarial memorandum should be constructed documenting the methodology and assumptions upon which the required capital for the variable annuities and similar products is determined. Since the starting point for the C-3 RBC calculation is the cash flow modeling used for the reserves, the documentation requirements for reserves (VM-31 ...
[DOC File]A
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The working party believes that a model underlying a prescribed risk-based capital should be deliberately conservative. The working party proposal allows the insurer to use its own model for risk-based capital calculations, subject to standards for risk-based capital formulas. This section gives an example of such a …
[DOC File]«FullName» - El Camino
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Actuarial Study of. Retiree Health Liabilities. Prepared by: Total Compensation Systems, Inc. ... but are the most common assumptions used in actuarial cost calculations. The actuary selects the assumptions which - taken together - will yield reasonable results. ... To the extent that different benefit formulas apply to different employees of ...
[DOC File]Journal of the Institute of Actuaries
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p.257-270 Address to the Actuarial Society of Edinburgh. - Sang, E. p.270-292 Suggestions for legislation to regulate the calculations and investment of the reserve in life assurance companies. - Hopf, G. p.292-297 Notices of new books, II.
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