All property and casualty insurers are required to carry out loss reserving as a statutory accounting function. Thus, loss reserving is an essential sphere of activity, and one with its own specialized body of knowledge. While few books have been devoted to the topic, the amount of published...

1 Strategic Planning in the U.S. Property-Liability Insurance Industry -- 2 Strategic Planning in the European Insurance Industry -- 3 Strategic Planning in the Australian Insurance Industry -- 4 Corporate Modeling at Allstate Insurance Company -- 5 A Stochastic Simulation Model for Reinsurance...

Recent theoretical results establish that time-consistent valuations (i.e. pricing operators) can be created by backward iteration of one-period valuations. In this paper we investigate the continuous-time limits of well-known actuarial premium principles when such backward iteration procedures...

This paper reviews the two main methods used by government Social Security departments to draw up the so-called actuarial balance of the pay-as-you-go pension system, focusing especially on results, methodology and actuarial issues. The specific models studied are those in the United States,...

The mortality dynamics experienced in the latest decades, especially at adult and old ages, has motivated the introduction of major innovations in the modeling of mortality for actuarial applications; such innovations concern, in particular, the representation of the uncertainty relating to...

Recent theoretical results establish that time-consistent valuations (i.e.pricing operators) can be created by backward iteration of one-period valuations. In this paper we investigate the continuous-time limits of well-known actuarial premium principles when such backward iteration procedures...