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
Applicable Federal Rate
AFR is a collection of rates that is published monthly for the purposes of computing federal income by the Internal Revenue Services. These rates a ...
Accommodation Endorser
It is a person or an entity that agrees to back the obligations of another person or a party to allow the latter to get more credit for which on th ...
Depression
It is the lowest point in an economic cycle characterized by mass unemployment, fallings prices, reduced purchasing power, falling wages, and exces ...
Green Monday
Second Monday in December, one of the most gainful days for retail firms. It is a known shopping day for last-minute holiday shoppers. Shopping.com ...
Shai Agassi
Shai Agassi is the founder of Top Tier Software and former President of SAP AG’s products and technology group. He is an entrepreneur from Is ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Buying a Home: Writing an Offer
You’re down to the last four steps to buying your dream house. Now, you need to write an offer and the seller has to accept it. Take into acc ...
A Guide to Your Personal Income Tax: Last-Minute Moves
December 31 is fast approaching. The next thing you know you need to file your income tax return. So before you get swarmed by the hustle and bustl ...
Ethical Investing: Corporate Governance
It is important for ethical investors to determine how companies manage themselves and their relations with investors and stakeholders.
< ...
Principles of Trading: Risk Management
It is imperative for traders to master risk management, which includes knowing how much you could lose per trade or over time and evaluating the pe ...
Student Loans: Consolidating Federal Loans
If you find it difficult to monitor and pay the student loans on your own, and want to reduce your monthly payment and lengthen the repayment sched ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 10:00 | Ifo Business Climate Index | Sep | |
| 10:00 | Ifo Current Assessment | Sep | |
| 10:00 | IFO - Expectations | Sep | |
| 12:00 | CBI industrial order books balance | Sep | |
| 14:30 | Wholesale Sales | Jul | |
| 15:00 | NBB Business Climate | Sep | |
| 15:00 | ECB President Mario Draghi Speaks | ||
| 01:50 | Monetary Policy Meeting Minutes | Jul | |
| 01:50 | Corporate Service Price Index | Aug |
