Talk:Actuarial reserves

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[edit] Stuff to be added

Okay, Here's some stuff to enrich the article, althought it's alot and may never be done. I'll try to add it myself when i get the time but if anyone else wants to please do.

• Commisoners reserve valuation method (segmented and unitary reserves)
• Full preliminary term reserves.
• Statuatory Reserves
• Tax reserves
• CGAAP/USGAAP reserves
• Provisions for adverse deviation
• Premium policy method reserves
• Interpolation of reserves
• Recursion equations for reserves
• Net level premium reserves - check. Except i should add way more.

--Faisel Gulamhussein 00:26, 2 October 2006 (UTC)

I'm slowly editing this page. I'll relate the Loss random variable to the reserves when i get a chance. --Faisel Gulamhussein 23:08, 5 October 2006 (UTC)

Looks good! -- Avi 23:10, 5 October 2006 (UTC)

[edit] Plural

Why is it actuarial reserves. Wouldnt it be more appropriate to have the article singular. --Faisel Gulamhussein 00:45, 2 October 2006 (UTC)

For any one policy, perhaps, but 99.9926352752% of the time, actuaries will be dealing with aggregated reserves for a block of policies. One of the fundemental tenets of insurance per se is that while any one event may be random and unpredictable, a significant accumulation of those possible events can be estimated stochastically or probabalistically. Any one car accident is unpredictable; out of 250,000 drivers, the number of accidents (disregarding who has them) is much more predicatble. I think that is why the term is most often used in the plural. -- Avi 13:49, 4 October 2006 (UTC)

[edit] Currency

Suggest change 'dollar' to something a bit more globally generic. -- dvc214 14:50, 20 October 2006 (UTC)

The dollar is the most widely used, and recognized, currency in the world. How much more generic can you get? -- Avi 15:26, 20 October 2006 (UTC)