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Society of Actuaries of Indonesia was founded in 1964 by top executives who worked in insurance company and actuarial consulting firm. In the beginning this organization consisted of only 25 members. As government created new regulation to extend actuarial role in insurance industry, now the members of the organization comprises 180 Fellows and ...
"Indonesia Pusaka" (English: Indonesia, the Heritage) is a patriotic song composed by Ismail Marzuki. [ 1 ] [ 2 ] It is normally played on Indonesian Independence Day celebration. This song reflects about Indonesia , how Indonesia is the motherland of all Indonesians , [ 3 ] and how Indonesians will fight for her with all of their might. [ 1 ]
Indonesia is a country with many different tribes and ethnic groups, and its music is also very diverse, coming in hundreds of different forms and styles.Every region has its own culture and art, and as a result traditional music from area to area also uniquely differs from one another.
The actuarial credentialing and exam process usually requires passing a rigorous series of professional examinations, most often taking several years in total, before one can become recognized as a credentialed actuary. In some countries, such as Denmark, most study takes place in a university setting.
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 following outline is provided as an overview of and topical guide to actuarial science: Actuarial science – discipline that applies mathematical and statistical methods to assess risk in the insurance and finance industries.
While Halley actually predated much of what is now considered the start of the actuarial profession, he was the first to rigorously calculate premiums for a life insurance policy mathematically and statistically [38] James C. Hickman (1927–2006) American actuarial educator, researcher, and author [71] Oswald Jacoby (1902–1984)
Another example is the use of actuarial models to assess the risk of sex offense recidivism. Actuarial models and associated tables, such as the MnSOST-R, Static-99, and SORAG, have been used since the late 1990s to determine the likelihood that a sex offender will re-offend and thus whether he or she should be institutionalized or set free. [9]