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actuarial theory

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  • Actuarial science — are professionals who are qualified in this field through examinations and experience. Actuarial science includes a number of interrelating subjects, including probability and statistics, finance, and economics. Historically, actuarial science… …   Wikipedia

  • Actuarial credibility — describes an approach used by actuaries to improve statistical estimates. Although the approach can be formulated in either a frequentist or Bayesian statistical setting, the latter is often preferred because of the ease of recognizing more that… …   Wikipedia

  • Actuarial Society of India — The Actuarial Society of India, known as the ASI Or Intstitute of Actuaries of India known as IAI, is the sole professional body of actuaries in India, and was formed in September 1944.Registration of the ASIIn 1979, it was admitted to the… …   Wikipedia

  • Actuarial topics — This page represents a collection of topics which relate to Actuarial Science.General Actuarial Topics* Actuarial science * Actuary * Actuarial notation * Fictional actuariesMathematics of Finance* Financial mathematics* Interest * Time value of… …   Wikipedia

  • Ruin theory — Ruin theory, sometimes referred to as collective risk theory, is a branch of actuarial science that studies an insurer s vulnerability to insolvency based on mathematical modeling of the insurer s surplus.The theory permits the derivation and… …   Wikipedia

  • Outline of actuarial science — The following outline is provided as an overview of and topical guide to actuarial science: Actuarial science – discipline that applies mathematical and statistical methods to assess risk in the insurance and finance industries. Contents 1… …   Wikipedia

  • Casualty Actuarial Society — Infobox Organization name = Casualty Actuarial Society size = 180px caption = Casualty Actuarial Society logo motto = formation = 1914 type = Professional body headquarters = Arlington, VA location = United States of America membership = 4585… …   Wikipedia

  • probability theory — Math., Statistics. the theory of analyzing and making statements concerning the probability of the occurrence of uncertain events. Cf. probability (def. 4). [1830 40] * * * Branch of mathematics that deals with analysis of random events.… …   Universalium

  • Credibility theory — is a branch of actuarial science. It was developed originally as a method to calculate the risk premium by combining the individual risk experience with the class risk experience. When an insurance company calculates the premium it will charge,… …   Wikipedia

  • Copula (probability theory) — In probability theory and statistics, a copula can be used to describe the dependence between random variables. Copulas derive their name from linguistics. The cumulative distribution function of a random vector can be written in terms of… …   Wikipedia

  • Dedicated Portfolio Theory — Dedicated Portfolio Theory, in finance, deals with the characteristics and features of a portfolio built to generate a predictable stream of future cash inflows. This is achieved by purchasing bonds and/or other fixed income securities (such as… …   Wikipedia

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