PPT-CAS Ratemaking and Product Management Seminar- March 2012 RR-1: Risk and Return Considerations

RR1 Risk and Return Considerations in Ratemaking Calculating the Profit Provision Ira Robbin PhD Senior VicePresident Corporate Actuary En durance Services Limited Ground Rules The purpose of this session is to educate actuaries in. The Classical Ratemaking Problem Classical statistics deals with the following standard problem of estimation Given random variables X1 X2 Xn independent identically distributed and observations xl x xn Estimate parameter or function thereof of t Chapter 12. Chapter Outline. 12.1 The Expected Return of a Portfolio. 12.2 The Volatility of a Portfolio . 12.3 Measuring Systematic Risk. 12.4 Putting it All Together: The Capital Asset Pricing Model . Corporate financial strategy: setting the context. Corporate Financial Strategy. 4th edition. Dr Ruth Bender. Setting the context: contents. Learning objectives. Risk and return. The two-stage investment process. Based on:. Dominic Salvatore, Managerial Economics (Adopted by . Ravikesh. . Srivastava. ), OUP, 2009. M. L. . Ahuja. , Principles of Microeconomics, S. . Chand. 1. Profit theories. Schumpeter. Risk & Uncertainty. ASOP No. 39 Casualty Actuaries of Desert States. December 2, 2016. Download at www.iii.org/presentations. James Lynch, FCAS MAAA, Chief Actuary. Insurance Information Institute .  . 110 William Street .  . RR-1: Risk and Return Considerations in Ratemaking- Calculating the Profit Provision. Ira Robbin, PhD. Senior Vice-President. Corporate Actuary. En. durance Services Limited. Ground Rules. The purpose of this session is to educate actuaries in various methods used to compute the underwriting profit provision. . Corporate Financial Strategy. 4th edition. Dr Ruth Bender. Setting the context: contents. Learning objectives. Risk and return. The two-stage investment process. What does ‘good’ look like?. NPV illustration (Working Insight 1.3). Casualty Actuaries of Desert States. December 2, 2016. Download at www.iii.org/presentations. James Lynch, FCAS MAAA, Chief Actuary. Insurance Information Institute .  . 110 William Street .  . World of UBI. Casualty Actuaries of Greater New York (CAGNY). Spring Meeting -- June 11th, . 2014. CAS Antitrust Notice. The Casualty Actuarial Society is committed to adhering strictly to the letter and spirit of the antitrust laws. Seminars conducted under the auspices of the CAS are designed solely to provide a forum for the expression of various points of view on topics described in the programs or agendas for such meetings. . Casualty Actuarial Society. March 21, 2018. James Lynch, FCAS MAAA, Chief Actuary. Insurance Information Institute .  . 110 William Street .  . New York, NY 10038 . Tel: 212.346.5533 . . . j. © 2012 Pearson Prentice Hall. All rights reserved.. 8-. 1. © 2012 Pearson Prentice Hall. All rights reserved.. 8-. 2. Risk and Return Fundamentals. In most important business decisions there are two key financial considerations: risk and return.. Prepared by:. ).  . What do we mean by the term “ Finance”?. Finance refers to all the economic resources including money and its equivalent.. “To finance” means to arrange for funds and to utilize them effectively for the enterprise,... NASUCA Annual Meeting, Charlotte. November 7, 2023. Paul Alvarez, President, Wired Group. Reducing the Cost of the Energy Transition. Alternative Ratemaking:. Rider/Tracker Cost Recovery. Future Test Years.