Demography for actuarial students

Actuarial Studies

Actuarial Studies

The traditional formula used for analysis of surplus in the presence of a conservative valuation basis is compared to a similar formula used for analysis of profit under the margin on services valuation method using a realistic basis. Deficiencies of the former formula relative to the latter are noted. A revised formula is presented which overcomes these deficiencies while still allowing the us...

Actuarial Geometry

The literature on capital allocation is biased towards an asset modeling framework rather than an actuarial framework. The asset modeling framework leads to the proliferation of inappropriate assumptions about the effect of insurance line of business growth on aggregate loss distributions. This paper explains why an actuarial analog of the asset volume/return model should be based on a Lévy pro...

Interactive Instructional Software for Actuarial Mathematics

Booklet for the 2017 Actuarial Research

Booklet for the 2017 Actuarial Research Conference at Georgia State University in Atlanta Scientific Committee: Samuel Cox, Chair, Georgia State University Andrew Cairns, Heriot Watt University Ian Duncan, University of California at Santa Barbara Jed Frees, Wisconsin School of Business Jose Garrido, Concordia University Etienne Marceau, Laval University Liang Peng, Georgia State University Mic...