Database of Actuarial Research Enquiry (DARE)
Browse CAS Taxonomy

All Categories > Actuarial Applications and Methodologies > Reserving > Discounting of Reserves

Found 1 - 25 of 66 matching your search criteria.

1. A Critique of Risk-Adjusted Discounting
   The adjustment of the discount function for risk has led actuaries and other financial decision-makers into a labyrinth, some of whose branches are risk-adjusted returns, capital allocation, and piecemeal risk loads...
2. Actuarial Standard of Practice No. 20, Discounting of Property and Casualty Loss and Loss Adjustment Expense Reserves (Doc. No. 037)
   The purpose of this Standard is to define the issues and considerations that an actuary should take into account in determining discounted loss and loss adjustment expense reserves...
3. Actuarial Standard of Practice on Discounting Casualty Loss Reserves
   The Actuarial Standards Board recently issued a Standard of Practice on discounting casualty loss reserves...
4. Best Estimate Loss Reserving: An Actuarial Perspective
   Actuarial analysis is, by its nature, a science in which uncertainty is always a factor...
5. Can Long Tailed Lines of Business Really Afford Higher Loss Ratios?
   Perhaps the most commonly accepted principle of modem property and liability insurance is that longer tailed lines of business are able to operate profitably at higher loss ratios, or almost equivalently higher combined ratios, than short tailed lines...
6. Completing and Using Schedule P
   Schedule P is a complex section of the Annual Statement, demanding much expertise to complete and to understand...
7. Conjoint Prediction of Paid and Incurred Losses
   Actuaries use paid and incurred methods to predict losses...
8. Determination of Optimum Fair Premiums in Property-Liability Insurance: An Optimal Control Theoretic Approach
   Dynamic valuation models for the computation of optimum fair premiums are developed using a new framework...
9. Determining the Proper Interest Rate for Loss Reserve Discounting: An Economic Approach
   By examining the underlying economic principles of insurance and finance, this paper shows how the proper interest rate for reserve discounting is a function of the degree of risk present in the outstanding reserve...
10. Discounting by Measuring the Asset Liability Mismatch
    Traditionally, loss reserves have been discounted by calculating the net present value of a series of projected future payments at some "suitable" interest rate...
11. Discounting Claims of Insurance Enterprises
    Examination of two main issues related to the discounting of insurance claim...
12. Discounting of Loss Reserves in the Property and Casualty Insurance Industry
    This report is intended to explain discounting to those unfamiliar with the concept, to present information on its use, to bring together the arguments for and against discounting, and to offer appropriate recommendations...
13. Discounting of Loss Reserves in the Property and Casualty Insurance Industry Phase II
    The Insurance Bureau of Canada (IBC) issued its report “Discounting of Loss Reserves in the Property and Casualty Insurance Industry” on September 14, 1990...
14. Duration [Discussion]
    Ron Ferguson has performed a valuable service to the CAS by encouraging actuaries to focus one eye on the investment side of insurance operations while keeping the other eye (hopefully the good one) on familiar underwriting terrain...
15. Educational Notes on Discounting
    Two fundamental concepts related to the discounting of liabilities are addressed in summary fashion...
16. Educational Notes on the Application of the Standard of Practice Concerning Provision for Adverse Development
    "This document is intended to provide guidance to actuaries in the application of the standard of practice (SOP) ‘Provision for Adverse Deviations for Property & Casualty Insurance Companies’ in valuing the policy liabilities of a property casualty insurance company operating in Canada, domestic or foreign, or any similar liabilities...
17. Effect of Inflation on Losses and Premiums for Property-Liability Insurers; The
    The paper develops a model clearly differentiating between losses whose ultimate settlement value is determined primarily at settlement or at occurrence...
18. Effect of inflation on Losses and Premiums for Property-Liability Insurers; The [Review]
    I have found the paper well written, technically sound, and very logical...
19. Empirical Measure of Reserve Level Uncertainty Relative to Discounting and Financial Solvency for a Monoline Medical Professional Liability Insurer
    A monoline medical professional liability insurer faces an unusual degree of solvency risk related to the adequacy of its loss and loss adjustment expense reserves...
20. Empirical Measure of Reserve Level Uncertainty Relative to Discounting and Financial Solvency for a Monoline Medical Professional Liability Insurer [Review]
    The topic of this paper is particularly timely given the attention currently being given to discounting by the GAO and IRS...
21. Examining Changes in Reserves Using Stochastic Interest Models
    A fundamental problem in actuarial science is the determination of the reserves necessary to meet future obligations...
22. Fair Value Accounting for Property-Casualty Insurance Liabilities
    The accounting standards boards have adopted fair value measures for financial assets and liabilities, subject to reasonable constraints from established practice and uncertainties in the new procedures...
23. GAAP and the Casualty Actuary
    This paper presents a general summary of the conceptual framework that underlies Generally Accepted Accounting Principles (GAAP) in the United States, and discusses the application of GAAP to insurance...
24. IBNR Reserves Under Stochastic Interest Rates
    This paper intends to evaluate the present value of IBNR reserve, when future interest rates are unknown...
25. Impact of Inflation on the Theory of Life Contingencies; The
    Current actuarial notation permit the calculation of annuities given annual benefit amounts that are consistent or that increase annually by a specified dollar amount...

Return to Browse CAS Taxonomy | Advanced Search