What is Bottom-Up?
It is a type of forecast in finance that involves preparing an in-depth budget with expenditure calculations & forecasts by […]
What is Actuarial Value
Actuarial value is a computation of the % of predictable health care costs to be covered by a particular health […]
What is Actuarial Service?
Actuarial Service’ is a methodology by which organizations decide, evaluate and map the financial impact of risk. Various statistical & […]
What is Actuarial Science?
Actuarial science is the discipline that involves application of various mathematical and statistical methodologies to evaluate risk in insurance, finance-based […]
What is Actuarial Risk
“Actuarial Risk’ is the risk that the assumptions that actuaries implement into a model to price a specific insurance policy […]
What is Actuarial Rate
Actuarial rate is an estimation of the predictable value of future losses. Mostly, historical data is used to forecast experienced […]
What is Actuarial Life Table
It is a table or spreadsheet showing the likelihood of a person at a definite age who dies before his […]
What is Actuarial Equity?
Actuarial equity is defined as the calculation of an insurance premium based on critical factors like an applicant’s age group, […]
What is Actuarial Deficit?
Actuarial Deficit is defined as the difference between future Social Security obligations and the income rate of the Social Security […]
what is Actuarial Balance?
Actuarial balance is defined as the difference between future Social Security obligations and income rate of the Social Security Trust […]
