Optimization of Actuarial Calculation Processes by Application of Stochastic Methods

Conference paper
Part of the Lecture Notes in Networks and Systems book series (LNNS, volume 37)

Abstract

The approach presented in this paper is a contribution to research on the optimization of actuarial calculation processes.

The social insurance companies are required by law to integrate technical provisions into their liabilities and to take them into consideration, insofar as they can guarantee future commitments vis-a-vis their members and/or subscribers. The calculation of its provisions is a major issue for hedge funds.

This work has the following objectives: to evaluate the costs and to properly manage the technical provisions taking into account the rates of regulations, the future constraints, and their random nature.

Keywords

Risk management Actuarial calculations Solvency Technical provisions Deterministic methods Stochastic methods 

References

  1. 1.
    Provisions for adverse deviations for actuarial valuations of defined benefit pension plans, January 2013Google Scholar
  2. 2.
    Dbabis, M.B.: Actuarial models and methods for quantitative risk assessment in Solvency II environment, October 2012, Version 1, 13 June 2013Google Scholar
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    Favre, J.P.: Financial and actuarial mathematics (2014)Google Scholar
  4. 4.
    Croguennec, J.-B.: Methods of calculating actuarial liabilities in occupational retirement provision, public service cases (2009)Google Scholar

Copyright information

© Springer International Publishing AG 2018

Authors and Affiliations

  1. 1.Hassan 1st UniversitySettatMorocco

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