User:Stelio/Actuarial

Notes on actuarial work to be done. Create WikiProject Actuarial Science and/or Portal:Actuarial science? See also Outline of actuarial science.

Formatting of actuarial notation

 * 1) Help desk/Archives/2017 September 11
 * 2) User:Stelio/Actuarial/Notation
 * 3) T175673
 * 4) Community Wishlist Survey 2023/Editing/Extend formula handling to cope with actuarial notation

Attempt to display the following table  as an in-line element. A table as an in-line element is possible, but only if you modify the surrounding paragraph to be inline as well.

The same but with the central character outside of a table $\overline{A}$ looks nearly the same, although the central character is more consistent with surrounding text.

Usage
Possible user formatting: "^2_m| Abar ^1_x:n¬"?

Replacement glyphs: ...where "@" represents any character.

Extension
Use cases: Not required for: i, d, v, l, q, p, &mu;
 * Annuity (a)
 * Accumulation (s)
 * Assurance (A, (IA))
 * Premium (P)
 * Commutation functions (D, N, S, C, M, R) to allow for m-thly frequencies

Need to allow for multiple contingent events:
 * x for whole of life
 * x:n¬ for endowment
 * x'1:n¬ for term
 * x:n¬'1 for pure endowment
 * x:y:n¬ for joint-life endowment

Formatting issues
Problems with clashing lines: &auml;x + &auml;n = &auml;x:n + &auml;$\overline{A}$

An n-year-guaranteed annual annuity due: 

Article clean-up list

 * Actuarial notation
 * Actuarial present value
 * Actuarial reserves
 * Annuity function
 * August Zillmer &larr; User:Stelio/Actuarial/August Zillmer
 * Bulk annuity / Bulk purchase annuity / BPA
 * Buy in / Buy out
 * Commutation factor
 * Commutation function
 * David Wilkie (actuary)
 * Deferred acquisition cost
 * Gross premium valuation / GPV
 * Guaranteed Minimum Pension
 * Life table
 * Law of total expectation (Tower law) - note an example of its use in actuarial science
 * XSI / XSE
 * Zillmerisation

Actuarial software

 * Comparison of actuarial software (include Excel)
 * Compare with Comparison of accounting software
 * Create Category:Financial software comparisons‎ to hold the above two
 * Algo Financial Modeler (US spelling)
 * GGY AXIS
 * Igloo (software)
 * MG-ALFA
 * Mo.net
 * MoSes
 * Prophet (software)
 * ResQ
 * RiskAgility Financial Modeller (UK spelling)

People snippets
Exclude living actuaries from this list. Others? Henrik Palmstrøm, Gabriel Gabrielsen Holtsmark
 * Roman jurist Ulpian (c. 170–223) created the earliest known life table, used for maintenance annuities on slaves' lives
 * pioneering demographer John Graunt (1620–1674), who demonstrated longevity patterns, was a haberdasher by trade
 * Dutch politician Johan de Witt (1625–1672) expressed life annuities as the weighted average of annuities certain
 * economist Nicholas Barbon (1640–1698) founded the first UK fire insurance office, and had a truly remarkable middle name
 * astronomer Edmond Halley (1656–1742), famed for studying Halley's Comet, constructed one of the first life tables
 * James Dodson (c. 1705–1757) set the foundations for Equitable Life because at age 47 he was refused life assurance for being too old
 * Richard Price (1723–1791) wrote the basis for financial calculations of insurance and benefit societies
 * in 1786 philosopher Johannes Nikolaus Tetens (1736–1807) published the first work to discuss risk measures
 * William Morgan (1750–1833), who laid the foundations of the actuarial profession, was the first experimenter with X-rays
 * Benjamin Gompertz (1779–1865), known for his law of mortality, was self-taught because Jews were barred from universities
 * John Finlaison (1783–1860) was the first president of the Institute of Actuaries, the oldest actuarial professional body
 * mathematician Elizur Wright (1804–1885) campaigned and devised formulae for life insurers to pay and reserve for surrender values
 * Thomas Bond Sprague (1830–1920) was the only (pre-merger) President of both the Institute of Actuaries and the Faculty of Actuaries
 * Esprit Jouffret (1837–1904) wrote a treatise on four-dimensional geometry which influenced Pablo Picasso's art
 * Thorvald N. Thiele (1838–1910) was also the director of the Copenhagen Observatory, and two asteroids are named after him
 * in 1917 Alfred Watson (1870–1936) was appointed as Britain's first Government Actuary following the National Insurance Act 1911
 * Johan Frederik Steffensen (1873–1961) developed a root-finding technique with quadratic convergence without using derivatives
 * Maurice Princet (1875–1973) introduced the concept of the fourth dimension to artists, leading to the birth of cubism
 * Sverre Krogh (1883–1957) was an informer for the German security police during the Nazi occupation of Norway in World War II
 * in 1929 Harald Cramér (1893–1985) was appointed the first Swedish professor of Actuarial Mathematics and Mathematical Statistics
 * Andreas Tømmerbakke (1910–1994) was an important member of Milorg, the Norwegian resistance group during World War II
 * in 1978 Max Lacroix (1913–2009) founded the Groupe Consultatif Actuariel Européen, which advises the EU on actuarial issues
 * in 1995 an actuary helped the Penguin plan crimes by exploiting scenario probabilities, but was ultimately foiled by Batman

To do: Filip Lundberg, Anders Lindstedt, Category:American actuaries, Category:British actuaries, Category:Canadian actuaries