Description: This paper introduces the alternative notion of 'corresponding conditional single-decrement models.' These models: 1. do have both an intuitive and a precise probabilistic meaning, 2. do behave as do standard single-decrement models, 3. can easily be used to construct the full multiple-decrement model without any special assumption. From Actuarial Research Clearing House 1993 VOL. 1.

Description: Discussion of the status of the Preliminary Education Working Group and the Actuarial Education Working Group, which were created by the Society of Actuaries to further the work of the Task Force on Education and Qualification with respect to preliminary education for actuaries.

Description: Formal report of the Accreditation Implementation Task Force to the Board of Directors at its June 2005 meeting. This document contains general objectives of the task force, membership and structure information, and the group's strategic plan for implementing an accreditation program for actuarial science academic programs.

Description: This document covers the material on Poisson processes needed for Exams MLC/3L of the Society of Actuaries (SoA) and Casualty Actuarial Society (CAS).

Description: The complete Expanding Horizons newsletter for May 2002.

Description: Actuaries regularly use probability models to analyze situations involving risk. These models often involve some entity and the various states in which it might be—alive or dead, intact or failed, et cetera. This chapter introduces a general type of model that can be applied in many such situations. Section 1 reviews some models of this type that you’ve probably al- ready seen and then goes on to describe some practical applications for which those models are inadequate. Section 2 then introduces a more general probability model appropriate for these new cases. MLC 24-05 Study Note 2nd Edition Section 8.5