actuarial risk
61Asset liability management — In banking, asset liability management is the practice of managing risks that arise due to mismatches between the assets and liabilities (debts and assets) of the bank.Banks face several risks such as the liquidity risk, interest rate risk,… …
62Copula (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… …
63Michael R. Powers — For the American baseball right fielder, see Mike Powers. For the American baseball catcher, see Doc Powers. Michael Roland Powers (born November 19, 1959) is Professor of Risk Management and Insurance at Temple University’s Fox School of… …
64Social Security (United States) — This article is about the retirement/disability program. For the general concept of providing welfare, see Social security. For other uses, see Social Security (disambiguation) …
65Credibility 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,… …
66Mortality drag — is a term used, in reference to lifetime annuities, to describe a negative impact that is experienced when an annuity purchase is delayed on a fund from which regular withdrawals are being taken by an individual. It is the increasing risk of… …
67Life table — 2003 US mortality table, Table 1, Page 1 In actuarial science, a life table (also called a mortality table or actuarial table) is a table which shows, for each age, what the probability is that a person of that age will die before his or her next …
68National Instistute of Statistics and Applied Economics — National Institute of Statistics and Applied Economy Formation Center Of Engineers in Statistics Works Established 1961 Type Public …
69Underwriting — refers to the process that a large financial service provider (bank, insurer, investment house) uses to assess the eligibility of a customer to receive their products (equity capital, insurance, mortgage or credit). The name derives from the… …
70Institute of Actuaries of Australia — The Institute of Actuaries of Australia (IAA or IAAust), commonly referred to as the Institute, is an organization representing the actuarial profession in Australia. The Institute has origins which trace back to 1897.Infobox Non profit Non… …
