Ratemaking actuarial outpost
for which actuarial forecasts are fundamental in maintaining a sound financial basis - rate-making, premium and loss reserving, investment valuation, pension benefits, and insurance statistics, among others. Adverse Selection (Anti-Selection, Selection of Risk) The conscious and deliberate selection of risks, segments of risk, or Ratemaking is a key driver of property and casualty (P&C) insurance profitability and hence a primary actuarial responsibility. Actuaries employ a variety of ratemaking techniques depending on specific circumstances. For example, techniques used to price short-tailed lines of insurance (e.g., personal Actuarial Outpost > Exams - Please Limit Discussion to Exam-Related Topics > CAS > CAS Exams > Exam 5 - Ratemaking/Reserving > Old Part 5 (Ratemaking) What is the point of "Off Balance Factor" User Name