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  • Actuarial Analysis

Actuarial Analysis(Topical Term)

Preferred form: Actuarial Analysis
Used for/see from:
  • n: Analysis, Actuarial
  • n: Actuarial Analyses
  • n: Analyses, Actuarial

The application of probability and statistical methods to calculate the risk of occurrence of any event, such as onset of illness, recurrent disease, hospitalization, disability, or death. It may include calculation of the anticipated money costs of such events and of the premiums necessary to provide for payment of such costs.

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