In this series of posts, we explore how to calculate various capital requirements that make up the Solvency Capital Requirement (SCR) according to Solvency II regulations.
In this post, we focus on longevity risk. We'll build a simple actuarial model for an annuity product using Python's cashflower package. Our goal …
In this series of posts, we explore how to calculate the capital requirements that make up the Solvency Capital Requirement (SCR) under Solvency II regulation.
In this specific article, we focus on mortality risk. We'll demonstrate how to build a simple actuarial model for a term life insurance product using …
Actuaries use a lot of acronyms, and keeping track of them all can be tricky. Whether you're new to the field or have years of experience, you've probably come across abbreviations that left you guessing.
This guide is here to help. It's a collection of actuarial acronyms, all in one …
In this post, we'll walk through the process of calculating the Time Value of Options and Guarantees (TVOG) for a basic life insurance product. TVOG is an important concept in life insurance, as it helps quantify the cost of the guarantees embedded in insurance contracts. Using a stochastic approach, we'll …
In this post, we want to share a list of some of the best actuarial books that helped us understand actuarial science better. This is just our personal list, but we think these books are great for anyone studying or working in the field.
Is there a book you think …