Blog posts

An arithmetic progression annuity (or arithmetic gradient annuity) is a type of annuity where payments either increase or decrease by a fixed amount each period. This contrasts with a standard annuity, where payments remain constant over time. In this post, we'll explore the formulas for an arithmetic progression annuity and …

Welcome to the first post in our new series, "Cloud computing". In this series, we'll delve into the world of cloud computing and explore how it can be effectively utilized for actuarial purposes. In this post, our focus will be on running a cash flow model and saving the results …

In this blog post, we explore the topic of multiple life functions within actuarial science. Up until now, our focus has been on insurance products that revolved around the life of an individual. However, in this exploration, we direct our focus to insurance products that involve multiple insured persons. We'll …

In the world of actuarial science, we frequently encounter optimization problems. These challenges are most prevalent in the realm of pricing, where our goal is often to achieve a specific objective, such as expected profit. In this post, we will dive into a simple actuarial optimization problem and demonstrate how …

In this blog post, we're going to talk about net premiums in insurance. We'll explain what they are, how to calculate them, and even walk you through some practical exercises using Python with real-life examples.

While we touched upon the concept of net single premiums in a previous discussion about …