2006-12-03 06:40:07 · 4 answers · asked by Theodore N 1 in Science & Mathematics ➔ Mathematics
Statistical data used to determine insurance rates and premiums, based on projections of utilization and costs for a defined risk.
2006-12-03 06:45:56 · answer #1 · answered by Jim Burnell 6 · 0⤊ 0⤋
Actuarial science
From Wikipedia, the free encyclopedia
Actuarial science applies mathematical and statistical methods to finance and insurance, particularly to the assessment of risk. Actuaries are professionals who are qualified in this field through highly competitive examinations and experience.
http://en.wikipedia.org/wiki/Actuarial_science
2006-12-03 06:45:50 · answer #2 · answered by modulo_function 7 · 0⤊ 0⤋
Data which may lead to facts....or facts themselves might be called as actuarial data....
2006-12-03 06:48:38 · answer #3 · answered by mac 3 · 0⤊ 0⤋
actuaries are people who have no fun. I should know I work for one.
2006-12-03 06:48:25 · answer #4 · answered by Modus Operandi 6 · 0⤊ 0⤋