Financial actuaries use their skills in statistics, probability, and modeling to conduct financial analysis and manage financial risks.
Financial and business terms. 2012.
Actuary — Damage from Hurricane Katrina. Actuaries need to estimate long term averages of such damage in order to accurately price property insurance and set appropriate reserves. Occupation Names Actuary … Wikipedia
actuary — ac·tu·ary / ak chə ˌwer ē, shə / n pl ar·ies: a person who calculates insurance and annuity premiums, reserves, and dividends Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. actuary … Law dictionary
actuary — A professional trained in the application of statistics and probability theory to issues relating to general insurance and life assurance. Some are employed by insurance companies to calculate probable lengths of life and advise insurers on the… … Accounting dictionary
actuary — noun a) registrar, clerk. b) A professional who calculates financial values associated with uncertain events subject to risk, such as insurance premiums or pension contributions. See Also: actuarial … Wiktionary
Government Actuary — An employee of the U.K. government who works for the Government s Actuary Department (GAD). The GAD provides actuarial consulting services for the public sector at a set fee structure. It provides consulting on numerous actuarial and statistical… … Investment dictionary
Late-2000s financial crisis — The TED spread (in red) increased significantly during the financial crisis, reflecting an increase in perceived credit risk … Wikipedia
Fairfax Financial — Infobox Company company name = Fairfax Financial Holdings Limited company company type = Public: (TSX|FFH, NYSE|FFH) industry = insurance foundation = 1985 location = Toronto, Ontario, Canada key people = Prem Watsa, chairman and chief executive… … Wikipedia
Office of the Superintendent of Financial Institutions — The Office of the Superintendent of Financial Institutions (OSFI) is an independent agency of the Government of Canada reporting to the Minister of Finance created to contribute to public confidence in the Canadian financial system . [1] It is… … Wikipedia
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
Medicare (United States) — President Johnson signing the Medicare amendment. Former President Harry S. Truman (seated) and his wife, Bess, are on the far right … Wikipedia
