A bond is a type of financial asset that represents a loan made by an investor to a borrower, typically a company or a government. When an investor buys a bond, they are essentially lending money to the borrower in exchange for regular coupon payments and a promise to repay …
Blog posts
Life annuities
Last update: 2024-12-06 | Created: 2023-02-02
A life annuity is a series of payments while a given life survives.
Life annuities play a major role in life insurance. Life insurances are usually purchased by a life annuity of premiums rather than by a single premium. The amount payable at the time of claim may be converted …
Life insurance
Last update: 2024-12-06 | Created: 2023-01-23
Life insurance aims to reduce the financial impact of the event of untimely death. The life insurances are long-term in nature which provides a significant element of uncertainty.
The size and time of payment in life insurance depend on the time of death of the insured. The actuarial cash flow …
Monthly mortality rates
Last update: 2024-12-06 | Created: 2022-10-01
Mortality rates are one of the most critical assumptions in life insurance. Actuaries often rely on the mortality rates published by Statistics Offices. Typically, these rates are provided on a yearly basis. However, actuarial cash flow models operate on a monthly scale. In this post, we will explore two common …
CashflowerHub - concept presentation
Last update: 2024-09-26 | Created: 2024-09-26
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 …