User:Stelio/Actuarial

Notes on actuarial work to be done. Create Wikipedia:WikiProject Actuarial Science and/or Portal:Actuarial science? See also Outline of actuarial science.

Formatting of actuarial notation

Attempt to display the following table

2	A	1
m\|	A	x	:n

as an in-line element. A table as an in-line element is possible, but only if you modify the surrounding paragraph to be inline as well.

The same but with the central character outside of a table

2

m|

A

1
x	:n

looks nearly the same, although the central character is more consistent with surrounding text.

Usage

Possible user formatting: "^2_m| Abar ^1_x:n¬"?

Replacement glyphs:

Code	Display
adue	ä
Adue	Ä
@bar	@

...where "@" represents any character.

Extension

Use cases:

Annuity (a)
Accumulation (s)
Assurance (A, (IA))
Premium (P)
Commutation functions (D, N, S, C, M, R) to allow for m-thly frequencies

Not required for: i, d, v, l, q, p, μ

Need to allow for multiple contingent events:

x for whole of life
x:n¬ for endowment
x'1:n¬ for term
x:n¬'1 for pure endowment
x:y:n¬ for joint-life endowment

Formatting issues

Problems with clashing lines: ä_x + ä_n = ä_x:n + ä_x:n

An n-year-guaranteed annual annuity due:

ä
	x:n

Article clean-up list

Actuarial notation
Actuarial present value
Actuarial reserves
Annuity function
August Zillmer ← User:Stelio/Actuarial/August Zillmer
Bulk annuity / Bulk purchase annuity / BPA
Buy in / Buy out
Commutation factor
Commutation function
David Wilkie (actuary)
Deferred acquisition cost
Gross premium valuation / GPV
Guaranteed Minimum Pension
Life table
Law of total expectation (Tower law) - note an example of its use in actuarial science
XSI / XSE
Zillmerisation

Actuarial software

Comparison of actuarial software (include Excel)
- Compare with Comparison of accounting software
- Create Category:Financial software comparisons‎ to hold the above two
Algo Financial Modeler (US spelling)
GGY AXIS
Igloo (software)
MG-ALFA
Mo.net
MoSes
Prophet (software)
ResQ
RiskAgility Financial Modeller (UK spelling)

References

People snippets

Exclude living actuaries from this list.

Roman jurist Ulpian (c. 170–223) created the earliest known life table, used for maintenance annuities on slaves' lives
pioneering demographer John Graunt (1620–1674), who demonstrated longevity patterns, was a haberdasher by trade
Dutch politician Johan de Witt (1625–1672) expressed life annuities as the weighted average of annuities certain
economist Nicholas Barbon (1640–1698) founded the first UK fire insurance office, and had a truly remarkable middle name
astronomer Edmond Halley (1656–1742), famed for studying Halley's Comet, constructed one of the first life tables
James Dodson (c. 1705–1757) set the foundations for Equitable Life because at age 47 he was refused life assurance for being too old
Richard Price (1723–1791) wrote the basis for financial calculations of insurance and benefit societies
in 1786 philosopher Johannes Nikolaus Tetens (1736–1807) published the first work to discuss risk measures
William Morgan (1750–1833), who laid the foundations of the actuarial profession, was the first experimenter with X-rays
Benjamin Gompertz (1779–1865), known for his law of mortality, was self-taught because Jews were barred from universities
John Finlaison (1783–1860) was the first president of the Institute of Actuaries, the oldest actuarial professional body
mathematician Elizur Wright (1804–1885) campaigned and devised formulae for life insurers to pay and reserve for surrender values
Thomas Bond Sprague (1830–1920) was the only (pre-merger) President of both the Institute of Actuaries and the Faculty of Actuaries
Esprit Jouffret (1837–1904) wrote a treatise on four-dimensional geometry which influenced Pablo Picasso's art
Thorvald N. Thiele (1838–1910) was also the director of the Copenhagen Observatory, and two asteroids are named after him
in 1917 Alfred Watson (1870–1936) was appointed as Britain's first Government Actuary following the National Insurance Act 1911
Johan Frederik Steffensen (1873–1961) developed a root-finding technique with quadratic convergence without using derivatives
Maurice Princet (1875–1973) introduced the concept of the fourth dimension to artists, leading to the birth of cubism
Sverre Krogh (1883–1957) was an informer for the German security police during the Nazi occupation of Norway in World War II
in 1929 Harald Cramér (1893–1985) was appointed the first Swedish professor of Actuarial Mathematics and Mathematical Statistics
Andreas Tømmerbakke (1910–1994) was an important member of Milorg, the Norwegian resistance group during World War II
in 1978 Max Lacroix (1913–2009) founded the Groupe Consultatif Actuariel Européen, which advises the EU on actuarial issues
in 1995 an actuary helped the Penguin plan crimes by exploiting scenario probabilities, but was ultimately foiled by Batman

Others? Henrik Palmstrøm · Gabriel Gabrielsen Holtsmark

To do: Filip Lundberg · Anders Lindstedt · Category:American actuaries · Category:British actuaries · Category:Canadian actuaries