Esscher principle 1970-01-01
The Esscher principle is a concept in actuarial science and financial mathematics, particularly in the context of insurance and risk theory. Named after the Danish actuary Finn Esscher, the principle is used for determining the premium that should be charged for an insurance product or for valuing insurance liabilities. The Esscher principle involves adjusting the probability measure of the underlying risk model through a transformation called the Esscher transform.
N. Bruce Hannay 1970-01-01
N. Bruce Hannay is a prominent figure in the field of geophysics and is known for his contributions to oceanography and seismology. He has been involved in various research projects and has published numerous scientific papers on topics related to geophysical methods and the study of the Earth's physical properties. His work often intersects with fluid dynamics, geology, and environmental science.
Dürer (crater) 1970-01-01
Dürer is a crater located on the Moon. It is named after the famous German painter and printmaker Albrecht Dürer. Dürer crater is situated in the eastern part of the Moon's near side, and it is characterized by its distinct circular shape and rugged terrain. Like many lunar craters, it could have been formed by the impact of meteoroids or other celestial bodies.
Dürerbund 1970-01-01
The Dürerbund, also known as the Dürer Society, was a cultural and artistic organization founded in Munich in 1908. Its primary focus was to promote and preserve the artistic heritage associated with the German artist Albrecht Dürer, who lived during the Renaissance. The organization was dedicated to fostering a deeper understanding of Dürer’s work and its significance in art history, as well as encouraging collaboration among artists and craftsmen.
Algebra Project 1970-01-01
The Algebra Project is an educational program founded by mathematician Robert P. Moses in the late 1980s. Its primary goal is to improve mathematics education for underrepresented and disadvantaged students, particularly in urban areas. The program aims to transform the way algebra is taught and learned, with an emphasis on making the subject accessible and relevant to students' lives.
Nader Engheta 1970-01-01
Nader Engheta is a prominent physicist and electrical engineer, known for his work in the fields of metamaterials, optics, and nanophotonics. He is a professor at the University of Pennsylvania, where he has contributed to advancements in the design and application of materials with unique electromagnetic properties. Engheta's research focuses on the manipulation of light at the nanoscale, which has implications for various technologies, including imaging, sensing, and communication.
Financial risk modeling 1970-01-01
Financial risk modeling is the quantitative process of analyzing potential financial losses or risks associated with various financial products, investments, or operational practices. The primary goal of financial risk modeling is to assess and manage the risks that could impact an organization's financial stability and overall performance. Here are some key components and concepts involved in financial risk modeling: ### 1.
Outline of actuarial science 1970-01-01
Actuarial science is a field that uses mathematical and statistical methods to assess risk in insurance, finance, and other industries. The discipline combines knowledge from several areas including mathematics, statistics, finance, economics, and computer science. Below is an outline that captures the key components of actuarial science. ### Outline of Actuarial Science #### 1.
Panjer recursion 1970-01-01
Panjer recursion is a recursive algorithm used in actuarial science and insurance mathematics to calculate the distribution of the sum of independent random variables, particularly in the context of risk management and insurance claims. Named after Hendrik Panjer, this method is particularly useful for computing the probabilities associated with different outcomes of aggregate claims. ### Key Elements of Panjer Recursion: 1. **Assumptions**: - The random variables (e.g., claims) are independent.
Pension fund investment in infrastructure 1970-01-01
Pension fund investment in infrastructure involves the allocation of a portion of a pension fund's assets into infrastructure projects and assets. This type of investment is becoming increasingly popular as pension funds seek to diversify their portfolios, achieve stable and long-term returns, and contribute to societal development.
Pension regulation 1970-01-01
Pension regulation refers to the framework of laws, policies, and guidelines that govern the establishment, management, and operation of pension plans and retirement savings programs. These regulations are designed to ensure the security and fairness of pension funds for participants and beneficiaries, promoting the responsible management of pension assets. Key aspects of pension regulation include: 1. **Funding Requirements**: Regulations stipulate how much employers must contribute to pension plans and maintain adequate funding levels to meet future obligations.
Predictive analytics 1970-01-01
Predictive analytics is a branch of data analytics that uses statistical algorithms, machine learning techniques, and historical data to identify the likelihood of future outcomes. Essentially, it involves analyzing current and historical data to make predictions about future events. Here are some key elements of predictive analytics: 1. **Data Collection**: Gathering relevant data from various sources, which can include structured data (like databases) and unstructured data (like social media or sensor data).
Private Market Assets 1970-01-01
Private Market Assets refer to investments that are not traded on public exchanges and involve direct ownership or investment in private companies or assets. Unlike public market assets, such as stocks and bonds that are available on stock exchanges, private market assets require more complex structures and often involve longer investment horizons. Key categories of private market assets include: 1. **Private Equity**: Investments in private companies or buyouts of public companies with the intent to take them private.
Heavy-tailed distribution 1970-01-01
A heavy-tailed distribution is a type of probability distribution that has a tail, which is the part of the distribution that represents extreme values, that is significantly heavier or more significant than that of the exponential distribution. This means that it has a higher probability of producing values far from the mean compared to lighter-tailed distributions, such as the normal distribution. In practical terms, this implies that heavy-tailed distributions can model phenomena where extreme events have a considerable chance of occurring.
Nadine Aubry 1970-01-01
Nadine Aubry is an accomplished academic and engineer known for her work in the fields of mechanical engineering, fluid dynamics, and related disciplines. She has held significant positions in academia, including serving as a dean or in leadership roles at various universities. Aubry has made substantial contributions to research, particularly in areas like turbulence, and she has published numerous articles and papers throughout her career.
IFRS 4 1970-01-01
IFRS 4, titled "Insurance Contracts," is an International Financial Reporting Standard established by the International Accounting Standards Board (IASB). It was introduced in 2004 and is primarily focused on the accounting for insurance contracts by insurance companies. Here are some key points about IFRS 4: 1. **Scope**: IFRS 4 applies to all insurance contracts as defined within the standard, including reinsurance contracts.
Increased limit factor 1970-01-01
The term "Increased Limit Factor" (ILF) may refer to different concepts depending on the context in which it is used. In general, it is most commonly associated with insurance and risk management industries, particularly in relation to policy limits and coverage. 1. **Insurance Context**: In the context of insurance, the Increased Limit Factor is used to calculate additional premiums for policyholders who wish to raise their coverage limits beyond the standard amount offered by an insurance policy.
Influential observation 1970-01-01
An influential observation in statistics refers to a data point that significantly affects the results of a statistical analysis, particularly in regression models. These observations can have a disproportionate impact on the estimates of parameters (such as regression coefficients), the overall fit of the model, and predictions made by the model.
Insider investment strategy 1970-01-01
The Insider investment strategy refers to a trading approach that involves purchasing stocks based on the buying patterns of company insiders—executives, directors, and other individuals with access to non-public, material information about the company. Insiders often have a better understanding of the company's business prospects and financial health than the average investor, so their trading activity can signal confidence (or lack thereof) in the company's future performance. ### Key Elements of the Insider Investment Strategy: 1. **Insider Buying vs.
Nancy Haegel 1970-01-01
As of my last knowledge update in October 2021, there is no widely known public figure or significant reference specifically associated with the name "Nancy Haegel." It’s possible she could be a private individual or a name that has gained prominence after my last update. If you are looking for information about a specific Nancy Haegel, could you please provide more context?