Actuarial Concepts

Impact of taxes and fees on retirement savings and spending

Let’s begin with a simple question. When it comes to managing money, how much impact do small mistakes or decisions…

January 12, 2018

IBNR – The Calculation Process Checklist

Insurers estimate IBNR reserves as part of their claims reserves estimate for reporting on their financial statements. Claims reserves are…

March 16, 2017

Actuaries are boring – My life as an actuary

Actuaries are boring. Musings on actuarial careers One of my favorite interview question that throws candidates into all kinds of…

May 23, 2014

Solvency II: Capital Requirements

Solvency II Solvency II is an EU legislation that sets out the capital requirement rules for direct life and non-life…

January 18, 2011

Gratuity Valuation: IAS 19 Disclosures: Simple Example Continued

Pre-requisite to this post: Review of International Accounting Standard (IAS) 19- Employee Benefits [1] In order to illustrate the IAS…

January 14, 2011

IAS 19 Disclosures Example: Gratuity Cost and disclosure of Actuarial Assumptions

In the previous post we looked at the IAS 19 Disclosure relating to the reconciliation of present value of defined…

January 14, 2011