Actuarial & Insurance Models
Actuarial techniques applied to financial modelling — persistency, reserving, embedded value, and Solvency II.
- Solvency II: What the Capital Framework Means for Insurance Analysts
A practical introduction to Solvency II — the EU and UK regulatory capital framework for insurers. Covers the three-pillar structure, SCR components, Own Funds tiers, and how the SCR ratio is used by investors and management.
- Experience Analysis: How Actuaries Compare Actual Results to Assumptions
Learn how actuaries conduct experience analysis — comparing actual mortality, lapse, and claims experience to model assumptions using A/E ratios, credibility weighting, and structured investigation frameworks.
- Loss Ratio and Combined Ratio: The Core Metrics of General Insurance
Learn how general insurers measure underwriting performance using loss ratios, expense ratios, and the combined ratio — with worked examples and a guide to interpreting results across different lines of business.
- Embedded Value Modelling: How Life Insurers Measure Shareholder Value
A practical introduction to Embedded Value (EV) — the actuarial measure of a life insurer's shareholder value. Covers ANAV, Value in Force, new business value, and how EV metrics are used by investors and management.
- Profit Testing in Life Insurance: How Actuaries Evaluate New Business
An introduction to profit testing — the actuarial technique used to evaluate the profitability of new life insurance products by projecting per-policy cash flows, calculating profit signatures, and deriving the IRR on new business.
- IBNR Reserving: How Insurers Estimate Claims They Haven't Seen Yet
A practical introduction to Incurred But Not Reported (IBNR) claims reserving — including how to build a development triangle and apply the Chain Ladder method to estimate ultimate claims costs.
- Mortality Analysis and Life Tables: How Insurers Price the Risk of Death
An introduction to life tables, qx mortality rates, and survival functions — the actuarial foundation behind life insurance pricing, reserve calculations, and longevity risk management.
- Persistency Analysis: How Insurers Measure Policy Retention
Learn how life and protection insurers track whether policyholders keep paying — from lapse rates and cohort tables to 13-month and 25-month persistency ratios and what drives policies to lapse.