BNET Business Dictionary
Business Definition for: Actuarial Age
- the statistically derived life expectancy for any given person's age, used, for example, to calculate the periodic payments from an annuity
Additional Resources
- Risk Capital Re names Charles N. Kasmer Vice President, Actuarial Department
- GREENWICH, Conn.--BUSINESS WIRE--Aug. 5, 1996-- Risk Capital Reinsurance Company, a wholly owned subsidiary of Risk Capital Holdings, Inc. (NASDAQ: RCHI), today named Charles N. Kasmer to the position of Vice President, Actuarial Department, effective August 19, 1996.Mr. Kasmer, age 30, was previously an Assistant Vice President with Zurich Reinsurance Centre...
- Research articles 1996-08-05
- Pricing Life Insurance: Combining Economic, Financial, and Actuarial Approaches
- This paper examines the pricing of term life insurance based on the economic approach of profit maximization, and incorporating the financial approach of stochastic interest rates, investment returns, and the insolvency option, while also including actuarial modeling of mortality risk. This paper examine several parameters including the speed of adjustment...
- White papers 2004-07-21
- News: Age laws to cost firms millions.
- Byline: Gill Wadsworth UK companies face unexpected hikes in pension scheme deficits amounting to millions of pounds as anomalies in age equalisation laws are ironed out in the courts. According to actuarial firm, Barnet Waddingham, schemes that used the Barber window...
- Research articles 2006-08-07
- The Actuarial Value of Life Insurance Backdating
- This study's results suggest that regulatory concerns over potential problems related to backdating are valid because backdating will not be beneficial to all who backdate?i.e., those insured that lapse or die soon after paying a renewal premium generally will be worse o. from backdating. Life insurance backdating occurs when the...
- White papers 2004-02-23
- The Senate Health Reform Bill: A First Look
- As readers of Health Affairs are undoubtedly already aware, the Senate Democratic leadership has released HR 3590, the 2,074-page Patient Protection and Affordable Care Act. The bill combines the Senate Health, Education, Labor, and Pensions HELP Committee bill marked up this summer and the Senate Finance Committee bill marked up...
- News items 2009-11-19
- LINDA HAVLIN.(officials and employees of Mercer Health & Benefits L.L.C.)(Brief article)
- Worldwide Partner Mercer Health & Benefits L.L.C. Chicago Age: 57 Linda Havlin manages Mercer Health & Benefits L.L.C.'s health care specialty practices, its actuarial and financial group, its regulatory resources group and researc Worldwide Partner...
- Research articles 2007-07-30
- The Payoff from Retiring Later
- Given the ferocity of the recent bear market mauling, odds are even a stock market rebound isn't enough to get your retirement plan back on track. The truth is you're probably going to have to work a few years longer. How to stay in the game... Let's get real. In...
- Articles 2009-03-09
- Hiding In Plain Sight: Using Medicare To Solve The â??Public Optionâ?? Conundrum
- By JEFF GOLDSMITH As Senate and House Committee versions of health reform move toward unified legislation and floor votes, the most complex political challenge is how to resolve the "public option" controversy. While one would have thought weightier issues such as the shape of Medicare reform, the taxation required to...
- News items 2009-10-21
- Good Health: A Retirement Security Risk?
- Star Trek’s Spock wasn’t exactly attuned to retirement planning when he came up with the Vulcan salutation “Live Long and Prosper.†For one of the biggest risks to your retirement security is the very fact you may well indeed live a very long time, raising the threat that your nest...
- Blog posts 2009-10-14
- The AHIP Report: Beneath Questionable Numbers Is A Serious Concern
- On October 12 America's Health Insurance Plans AHIP released a commissioned report by Price Waterhouse Cooper PWC, "Potential Impact of Health Reform on the Cost of Private Health Insurance Coverage." The study reported that health care reform as envisioned by the Senate Finance Committee would raise the cost of private...
- News items 2009-10-29
- Pulte Homes Q2 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator Operator Instructions Your first question comes from the line of Nishu Thood from Deutsche Bank. Please proceed. Nishu Thood - Deutsche Bank Thanks. Good morning. Richard Dugas Good morning. Nishu Thood - Deutsche Bank The first question I wanted to ask related to the cost savings initiative....
- Earnings calls 2007-07-26
- Demerger delay touches AMP's British erroneous zones.
- Sep 16, 2003 (The Age - ABIX via COMTEX) The delay in AMP's demerger timetable is more logistical than fundamental. The fortnight's delay flows from the late release of a consultation paper by British regulator, the Financial Services Authority FSA. The paper details new...
- Research articles 2003-09-16
- Joy A. Schwartzman.(Spotlight: Women to Watch)(Thumbnail biography)
- Joy A. Schwartzman Principal and Consulting Actuary Milliman Inc. New York Age: 50 Joy A. Schwartzman joined Milliman in 1988 after working since the late 1970s as an actuary for American International Group Inc....
- Research articles 2006-10-09
- LCP plans new pension offering.
- Actuarial consultant Lane Clark & Peacock LCP is to launch a new defined contribution pension fund package with backing from majority owner Alexander Forbes early next year.Tony Cunningham, LCP partner, says: "We do not believe that current offerings offer best practice. We have particular reservations about...
- Research articles 2002-10-06
- Independent Graduate: Tales Of The Unexpected - Tim Panter
- Name: Tim Panter Age: 32 Chosen career: Civil engineer Actual career: Actuarial consultant Why I changed my career choice... "I always intended to work in a technical area. With a degree in natural sciences and...
- Research articles 2001-05-31
- Robert A. Bear Joins PXRE as Senior Vice President and Chief Actuary
- EDISON, N.J.--BUSINESS WIRE--March 17, 1999--PXRE Corporation (NYSE: PXT) today announced that the Company has named Robert A. Bear (age 51) to the newly created position of Senior Vice President and Chief Actuary. Mr. Bear is a Fellow of the Casualty Actuarial Society, a member of the American Academy of Actuaries,...
- Research articles 1999-03-17
- PXRE Forms New Finite Reinsurance Unit, Naming Jeffrey H. Mayer Executive Vice President
- EDISON, N.J.--BUSINESS WIRE--April 20, 1999-- PXRE Corporation (NYSE:PXT) today announced that Jeffrey H. Mayer (age 37) will join PXRE Reinsurance Company as an Executive Vice President responsible for its newly organized Finite Reinsurance Division. Mayer brings almost 20 years of experience in the areas of actuarial consulting, reinsurance...
- Research articles 1999-04-20
- Life Insurance Securitizations: Making the Value Paid to Policyholders More Competitive
- Kid Dynamite submits: I read an interesting article last night on NYTimes.com about securitizing life insurance settlements. The gist of the process is this: you have an elderly person, say, 72 years old, who needs money badly. This person, let's call her Ethel, has a life insurance policy that...
- External links 2009-09-06
