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Author: Mario V. Wüthrich
Publisher: Springer Science & Business Media
ISBN: 3642148522
Category : Mathematics
Languages : en
Pages : 164
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Book Description
It is a challenging task to read the balance sheet of an insurance company. This derives from the fact that different positions are often measured by different yardsticks. Assets, for example, are mostly valued at market prices whereas liabilities are often measured by established actuarial methods. However, there is a general agreement that the balance sheet of an insurance company should be measured in a consistent way. Market-Consistent Actuarial Valuation presents powerful methods to measure liabilities and assets in a consistent way. The mathematical framework that leads to market-consistent values for insurance liabilities is explained in detail by the authors. Topics covered are stochastic discounting with deflators, valuation portfolio in life and non-life insurance, probability distortions, asset and liability management, financial risks, insurance technical risks, and solvency.
Author: Mario V. Wüthrich
Publisher: Springer Science & Business Media
ISBN: 3642148522
Category : Mathematics
Languages : en
Pages : 164
Get Book Here
Book Description
It is a challenging task to read the balance sheet of an insurance company. This derives from the fact that different positions are often measured by different yardsticks. Assets, for example, are mostly valued at market prices whereas liabilities are often measured by established actuarial methods. However, there is a general agreement that the balance sheet of an insurance company should be measured in a consistent way. Market-Consistent Actuarial Valuation presents powerful methods to measure liabilities and assets in a consistent way. The mathematical framework that leads to market-consistent values for insurance liabilities is explained in detail by the authors. Topics covered are stochastic discounting with deflators, valuation portfolio in life and non-life insurance, probability distortions, asset and liability management, financial risks, insurance technical risks, and solvency.
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Languages : en
Pages : 38
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Book Description
Author: Roland Dean McDevitt
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Languages : en
Pages : 9
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Category : Annuities
Languages : en
Pages : 580
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Book Description
Author: Larry Levitt
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Category :
Languages : en
Pages : 6
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Book Description
The Patient Protection and Affordable Care Act (PPACA) establishes four levels of coverage based on the concept of "actuarial value," which represents the share of health care expenses the plan covers for a typical group of enrollees. As plans increase in actuarial value - bronze, silver, gold, and platinum - they would cover a greater share of enrollees' medical expenses overall, though the details could vary across plans. The levels of coverage provided for in the PPACA are central to the coverage people will get and how they will ultimately perceive the effects of the health reform law. But an actuarial value is not as intuitive for people as specific deductibles and other out-of-pocket costs. Additionally, estimates of deductibles and other coverage features were not released by the Congressional Budget Office during the legislative debate. Because projections of deductibles are subject to variation in estimating techniques and databases used, to present the most likely range of out-of-pocket costs, the Foundation commissioned separate analyses from three different actuarial consulting firms to present a range of potential estimates. The study is part of the new Kaiser Initiative on Health Reform and Private Insurance, which will inform federal and state policymakers as they implement the PPACA and examine the implications of changes in the private insurance market under the health reform law.
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Category : Annuities
Languages : en
Pages : 884
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Book Description
Author: United States. Internal Revenue Service
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Category : Actuaries
Languages : en
Pages : 70
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Author:
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Category : Annuities
Languages : en
Pages : 806
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Author:
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Category : Depreciation
Languages : en
Pages : 128
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Book Description
Author:
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ISBN:
Category : Depreciation
Languages : en
Pages : 118
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Book Description
