It is bad actuarial practice to insure against something that can only happen with the consent of the insured person - you cannot, for example, 'insure' yourself against committing suicide.
He said his department would not hesitate to invoke a law that allows it to veto rates that are not based on sound actuarial practices.
The insurance companies contend that the use of the test or other AIDS-related tests in making insurance decisions is consistent with standard actuarial practices.
The CAS requires all candidates to qualify through a series of rigorous actuarial exams covering all aspects of actuarial practice.
Both sets of numbers permit "smoothing," the widespread actuarial practice of spreading gains and losses over several years.
It's a standard actuarial practice: they figure out what's a reasonable risk and what's a reasonable price to pay for it.
The risks were hidden by the longstanding actuarial practice of "smoothing" pension numbers, or spreading short-term market swings over many years.
Tillinghast was the world's largest actuarial practice focused on insurance and a unit of Towers Perrin specializing in risk management and actuarial consulting.
He was also a manager in Hewitt's actuarial practice.
It could work just as well in sending people to a vibrant, important YouTube document on a politician, or a blog post about a new actuarial practice.