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Finance | Insurance

Reference

Introduction

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Compendium

The Mother of All Actuarial Glossaries | University of Cape Town

Office of the State Actuary: Glossary of Actuarial Terms | State of Washington, US

Simulation

Additive and Multiplicative Risks | Mark D. Normand and Micha Peleg

Acceptance/Rejection Sampling | Ryan Carroll and Jeff Hamrick

Analysis of Cumulative Triangles with the Chain-Ladder Method | Gergerly Nagy

Bootstrap Percentile Confidence Intervals | Sijia Liang and Bruce Atwood

Closed-Form Full Life Cycle Distribution | Kelly Lowder

The 2001 CSO Mortality Tables | A Parameterized Multistate Life Table | Life Transitions | Current versus Cohort Life Tables and the Regulation of Life Insurance | Retiree Stop-Loss Reinsurance | A Conceptual Model of Lapse Financed Life Insurance | Life Insurance Pricing | Seth Chandler

Efficient Single Limit Liability Insurance | Property Coinsurance | Subrogation | Multiplication of Hazard in Expo-Power Distributions | Multiplication of Hazard in Gompertz-Makeham Distributions |Seth Chandler

Insurance and Precautions | A Theory of Insurance Lapses | Adverse Selection | Bilateral Accident Model | Coordination of Insurance Policies | The Duty to Settle | Simulating a Catastrophe Insurer | Reinsurance Cut-Through | Insurer Ruin | Seth Chandler

Negligible Senescence Scenario | Michael Schreiber


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Insurance

Insurance
Insurance is a term in law and economics. It is something people buy to protect themselves from losing money. People who buy insurance pay what is called a premium (often paid every month) and promise to be careful (which is called a "duty of care"). In exchange for this, if something bad... More »

Property Insurance

Property Insurance
Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance, or boiler insurance. (Source:... More »

Life Insurance

Life Insurance
Life insurance is money for your family to use to pay your bills and death expenses when you die. (Source:... More »

Health Insurance

Health Insurance
Health insurance is insurance against the risk of incurring medical expenses among individuals. (Source:... More »

Casualty Insurance

Casualty Insurance
Casualty insurance, often equated to liability insurance, is insurance not directly concerned with life insurance, health insurance, or property insurance. (Source:... More »

Actuarial Science

Actuarial Science
Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in the insurance and finance industries. (Source:... More »

Reinsurance

Reinsurance
Reinsurance is insurance that is purchased by an insurance company (the "ceding company" or "cedant" or "cedent" under the arrangement) from one or more other insurance companies (the "reinsurer") as a means of risk management, sometimes in practice including... More »