2019-04-15 | life contingencies, actuarial science, life insurance
Assuming continuous rating the insured is always worse off with backdating on a net basis. A net basis assumes products are priced using the
2017-01-22 | writing, actuarial science, modeling, risk
Earlier this month… Kim Hypothetical, FCAS, is a pricing actuary in the Large Accounts department at Hypothetical Insurance (no relation). It is just before lunch. Kim wonders “Is