Sentence examples for actuarial principles from inspiring English sources

Yet it was the pension-fund consultants, working on actuarial principles, that advised their clients to put a lot of money into equities.

New York and New Jersey have sought to override basic actuarial principles by mandating community rating and guaranteed issue on insurers without a mandate on individuals to be insured.

"When the taxpayers find out, they're going to be absolutely furious," said Jeremy Gold, an actuary and economist who for years has called on his profession to correct what he calls "the biases embedded in present actuarial principles".

In a letter to Ms. Sebelius, Brian A. Sassi, an executive with WellPoint Inc., wrote that the company was "confident that our rates reflect anticipated medical costs and are established consistent with actuarial principles and state law".

All determinations under this section shall be made using methods and assumptions approved by the Board of Actuaries (including assumptions of interest rates and medical inflation) and in accordance with generally accepted actuarial principles and practices.

to be determined on a reserve basis in accordance with accepted actuarial principles, and based upon such tables of mortality as the Secretary of the Treasury shall from time to time adopt, and upon an interest rate of 3 percentum per annum compounded annually.

(iii) The CM VaR bounds yield a sequence of increasingly accurate upper bounds to VaR that are consistent with the actuarial principle of safe or conservative pricing.  .

The CM VaR bounds yield a sequence of increasingly accurate upper bounds to VaR that are consistent with the actuarial principle of safe or conservative pricing.

In his book, The Ascent of Money, Ferguson writes: "It was their achievement to create the first modern insurance fund, based on correct actuarial and financial principles, rather than mercantile gambling".

Benjamin Gompertz, for example, principal figure in one of the first insurance companies to challenge the monopoly of Lloyd's, was in his spare time a mathematician who became a fellow of the Royal Society and discovered one of the basic principles of actuarial mathematics.

Moreover, even retirement regimes based on the principle of actuarial fairness, like individual accounts defined contribution (IA-DC) programs, may also incorporate non-actuarial redistributive ingredients.