Blog posts

In this blog post, I'll share the concept behind CashflowerHub, an application designed to be a central place for actuarial models, runs, and documentation. Currently, CashflowerHub is in its early development stages, with the core features being outlined.

CashflowerHub combines three key elements needed for effective actuarial reporting:

• cashflow models,
• runs,
• documentation.

The idea is to bring these parts together in one place, saving time and making things easier to manage.

Models

The "Models" page lists all the cashflow models owned by a company. Users can add, edit, and delete models as needed.

When viewing a specific model, users …

In this post, we want to share a list of some of the best actuarial books that helped us understand actuarial science better. This is just our personal list, but we think these books are great for anyone studying or working in the field.

Is there a book you think should be on this list? Let us know in the comments or use our contact form.

"Actuarial Mathematics" by Bowers, Gerber, Hickman, Jones, Nesbitt

This book was recommended to me when I started learning about life insurance, and it's often called the "actuarial bible". Some chapters were very useful …

The main difference between an annuity immediate and an annuity due is when payments are made. For an annuity immediate, payments are received at the end of each period, while for an annuity due, payments are received at the beginning of each period.

It's also important to distinguish between annuities and life annuities. Regular annuities provide payments for a set period, whereas life annuities make payments only as long as the policyholder is alive.

Annuity immediate

In an annuity immediate, payments are made at the end of each period.

Present value

To find the present value of an annuity immediate, …

AI chatbots, such as ChatGPT, are shaping the way we work. Personally, I find them useful, especially for refreshing my memory on programming syntax.

Given that cashflower is an open-source package with documentation available online, I decided to explore if an AI assistant can be used to help with actuarial modelling. In this post, I will share my findings.

Knowledge cut-off date

AI assistants have a knowledge cut-off date, meaning they are trained with information up to a specific point in time. The cashflower package is relatively new, so the AI assistant might not know about it. Sometimes, AI can …