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In insurance, an actuarial reserve is a reserve set aside for future insurance liabilities. It is generally equal to the actuarial present value of the future cash flows of a contingent event. In the insurance context an actuarial reserve is the present value of the future cash flows of an insurance policy and the total liability of the insurer ...
The economic data published on FRED are widely reported in the media and play a key role in financial markets. In a 2012 Business Insider article titled "The Most Amazing Economics Website in the World", Joe Weisenthal quoted Paul Krugman as saying: "I think just about everyone doing short-order research — trying to make sense of economic issues in more or less real time — has become a ...
Some have alleged that departures in normality in the process output significantly reduce the effectiveness of the charts to the point where it may require control limits to be set based on percentiles of the empirically-determined distribution of the process output [2]: 237 although this assertion has been consistently refuted. See Footnote 6.
An idealized representation of the four kinds of reserve power and the time intervals after an unexpected failure that they are in use. [1]In electricity networks, the operating reserve is the generating capacity available to the system operator within a short interval of time to meet demand in case a generator goes down or there is another disruption to the supply.
Loss reserving is the calculation of the required reserves for a tranche of insurance business, [1] including outstanding claims reserves.. Typically, the claims reserves represent the money which should be held by the insurer so as to be able to meet all future claims arising from policies currently in force and policies written in the past.
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The active record pattern is an approach to accessing data in a database. A database table or view is wrapped into a class. Thus, an object instance is tied to a single row in the table. After creation of an object, a new row is added to the table upon save. Any object loaded gets its information from the database.
The military date notation is similar to the date notation in British English but is read cardinally (e.g. "Nineteen July") rather than ordinally (e.g. "The nineteenth of July"). [citation needed] Weeks are generally referred to by the date of some day within that week (e.g., "the week of May 25"), rather than by a week number. Many holidays ...