The aim of the paper is to outline the new trends in modern actuarial sciences in order to
help the researchers to find new domains of activity and university professors teaching future …

Since the late 1980s, a large number of very user-friendly tools for fuzzy control, fuzzy expert
systems, and fuzzy data analysis have emerged. This has changed the character of this area …

This article investigates the impact of big data on the actuarial sector. The growing fields of
applications of data analytics and data mining raise the ability for insurance companies to …

A model is presented which can be used when interest rates and future lifetimes are
random, for certain annuities. Expressions for the mean values and the standard deviations …

A portfolio of different insurance policies, such as temporary, endowment, and whole life, is
studied in a stochastic mortality and interest environment. The first two moments of the …

This paper gives analytic approximations for the distribution of a stochastic life annuity. It is
assumed that returns follow a geometric Brownian motion. The distribution of the stochastic …

Two approaches used to model interest randomness are presented. They are the modeling
of the force of interest accumulation function and the modeling of the force of interest. The …

The calculation of the reserves in a stochastic mortality and interest rates environment for a
general portfolio of life insurance policies is examined. The first two moments of the …

The paper considers a model for a homogeneous portfolio of whole life annuities immediate.
The aim is to study two risk factors: the investment risk and the insurance risk. A stochastic …

We extend the literature by incorporating early surrender into the distribution estimation for
policy reserves. First, we employ the cointegrated vector autoregression technique to …