Q:

What is an Actuary's calculation

Answer

An actuary calculates risks. They specialize in the mathematics of risk, especially as it relates to insurance calculations and insurance and annuity rates. They work for insurance companies to evaluate applications based on risk.

Categorized In: Definitions

Source: actuary Definition | www.investorwords.com

Description: A specialist in the mathematics of risk, especially as it relates to insurance calculations such as premiums, reserves, dividends, and insurance and annuity rates. They work for insurance companies to evaluate applications based on risk.

Nov 04, 03:06pm

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