Daffodil International University
Faculties and Departments => Business & Entrepreneurship => Business Administration => Topic started by: munna99185 on November 13, 2014, 03:42:47 PM
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An actuarial valuation is a type of appraisal which requires making economic and demographic assumptions in order to estimate future liabilities. The assumptions are typically based on a mix of statistical studies and experienced judgment. Since assumptions are often derived from long-term data, unusual short-term conditions or unanticipated trends can occasionally cause problems.
[source: http://www.investopedia.com/terms/a/actuarial-valuation.asp]
Sayed Farrukh Ahmed
Assistant Professor
Faculty of Business & Economics
Daffodil International University
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I think this kind of valuation is extremely useful for insurance companies..
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Actuarial Science is a new taught course in our sub-continent
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Good Post.