AGGREGATE MORTALITY TABLE
The death rate data of everyone who purchased life insurance, without categorization it will be based on the time or age of purchase. The combined statistics of mortality tables are included in the calculation.
For the purpose of pricing insurance and ensuring the solvency of the insurance companies by means of adequate reserves, actuaries are required to develop projections on future insured events ( such as sickness, disability, death, etc.) In order to do such, actuaries create mathematical models of the timing of the event and the amount.
POPULAR TERMS
Closed-End Mortgage
Restrictive mortgage which cannot be prepaid, refinanced, or renegotiated without settling breakage costs to the lender. This is applicable to home ...
Robinson-Patman Act
Robinson-Patman Act is a federal law passed in 1936 to outlaw price discrimination. This is an amendment to the 1914 Clayton Antitrust Act and is s ...
In Street Name
Brokerage account where the client’s assets and securities are held under the name of the brokerage, not the individual owner. Although the c ...
SWS
Syndrome afflicting individuals with new or sudden wealth, causing an individual stress. Its symptoms include feelings of guilt over good fortune, ...
Trust Property
Assets placed under a trust agreement between a trustor and trustee for a beneficiary. It includes any type of asset such as cash, life insurance p ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: Filing
Companies need to file several financial reports in different periods with the Securities and Exchange Commission.
14A Prox ...
Everything You Need To Know About Stock Trader Types
The perks and benefits of being a stock trader is one of the most coveted but first you must be a successful a stock trader. A lot of people go int ...
So You Want A Job in Financial Careers: A Guide
In this tutorial, we will explore the different kinds of financial careers, the various basics of the financial industry, what you need to do in or ...
Students, How Much Can You Afford to Borrow?
You are about to finish high school. The financial aid office of the university you are considering gave you a financial aid. You are also qualifie ...
Ethical Investing: Knowing Human Rights and Workers` Rights
Ethical investors want to know how corporations treat people, specifically their workers. They depend on the UN Universal Declaration of Human Righ ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
02:00 | MI Inflation Gauge | Nov | |
02:30 | Retail Sales | Oct | |
02:30 | ANZ Jobs Advertisements | Nov | |
02:30 | Building Approvals | Oct | |
02:30 | Company Operating Profits | 3 quarter | |
02:30 | PMI Manufacturing | Nov | |
03:45 | Markit Final Manufacturing PMI | Nov | |
07:30 | Commodity Prices | Nov | |
09:00 | Nationwide House Price Index | Nov |