ACTUARIAL SCIENCE PROJECT TOPICS AND RESEARCH MATERIALS

• 21. ECONOMIC MEASUREMENT OF MEDICAL ERRORS

  » INTRODUCTION The Society of Actuaries Health Section sponsored Milliman, Inc. to measure the annual frequency of medical errors in the United States and the total measurable cost to the United States economy of these errors. This effort is based upon an analysis of an extensive claim database, and it therefore relies upon medical events which have been submitted for payment by medical providers. M...Continue Reading »

  56 pages |  1,228 engagements | 

• 22. PROJECTED COST ANALYSIS OF POTENTIAL MEDICARE PHARMACY PLAN DESIGN.

  » INTRODUCTION What is the cost of providing a prescription drug benefit plan for Medicare enrollees? The following research report: Projected Cost Analysis of Potential Medicare Pharmacy Plan Designs, sponsored by the Society of Actuaries Health Section and Health Practice Area, explores this important and pressing issue that has been the subject of recent front page headlines. The study, which was...Continue Reading »

  54 pages |  907 engagements | 

• 23. IMPLICATIONS OF THE COST OF END OF LIFE CARE.

  » IntroductionBackgroundIntroductionHealth care is an economic quantity that is different from most other goods. Access to and receiving health care could mean the difference between life and death. While health care is necessary throughout life, it becomes inevitable at the end of life. End of life itself has been defined as both a “state” (Riley and Lubitz (2010)) and a “stage&rd...Continue Reading »

  49 pages |  1,111 engagements | 

• 24. ANALYZING HEALTH CARE COST FROM BIRTH TO DEATH (A CASE STUDY OF FEDERAL MEDICA...

  » INTRODUCTION Background of the study Health to every nation is as important as the economy of the nation; this is because the health of every nation is her wealth. A healthy workforce would replicate in its output in its productivity, Nigeria being one of the developing nations cannot be an exception. HIV/AIDS, maternal mortality, under 5 mortality, malaria, and tuberculosis have undermined develo...Continue Reading »

  65 pages |  1,134 engagements | 

• 25. CREDIT RISK MODELLING TECHNIQUES FOR LIFE INSURERS.

  » CHAPTER ONE INTRODUCTION Background of the study This study examines the factors that influence the techniques of credit risk modeling for life insurers in Nigeria – a major developing economy of sub Sahara Africa. Credit risk is the risk of default on a debt that may arise from a borrower failing to make required payments.In the first resort, the risk is that of the lender and includes lost...Continue Reading »

  65 pages |  -1 engagements | 

• 26. THE IMPACT OF CASH FLOW MANAGEMENT IN THE INSURANCE INDUSTRY.

  » CHAPTER ONE INTRODUCTION Background of the study To the insurance industry, cash flows can be generated through underwriting activities, financing and investing choices, and even managing risks; consequently modeling cash flow risks will be on a dynamic basis process because it is essential to forecasting and managing financial and underwriting risks. To model the cash flow risks specific to the i...Continue Reading »

  56 pages |  -1 engagements | 

• 27. EVALUATING THE IMPACT AND BARRIERS FOR DE-RISKING STRATEGIES (A CASE STUDY OF DI...

  » CHAPTER ONE INTRODUCTION Background of the study In recent years, the international community has begun to focus on financial inclusion as part of a broader strategy to reduce poverty, encourage economic development, and promote stability and security. For the purposes of this paper, the term “financial inclusion” refers to the provision of accessible, usable, and affordable financial ...Continue Reading »

  60 pages |  -1 engagements | 

• 28. SURVEY ON MARKET RISK IN NIGERIA

  » CHAPTER ONE INTRODUCTION Background of the study Market risk is the risk that the value of an investment will decrease due to moves in market factors. It can also be said to be the risk to an institution resulting from movements in market prices, in particular, changes in interest rates, foreign exchange rates, and equity and commodity prices. Market risk is often propagated by other forms of fina...Continue Reading »

  71 pages |  -1 engagements | 

• 29. THE IMPACT OF CASH FLOW MANAGEMENT ON THE INSURANCE INDUSTRY (A CASE STUDY OF ...

  » CHAPTER ONE INTRODUCTION Background of the study To the insurance industry, cash flows can be generated through underwriting activities, financing and investing choices, and even managing risks; consequently modeling cash flow risks will be on a dynamic basis process because it is essential to forecasting and managing financial and underwriting risks. To model the cash flow risks specific to the i...Continue Reading »

  65 pages |  1,460 engagements | 

• 30. CREDIT RISK MODELLING TECHNIQUES FOR LIFE INSURERS

  » CHAPTER ONE INTRODUCTION Background of the study This study examines the factors that influence the techniques of credit risk modeling for life insurers in Nigeria a major developing economy of sub Sahara Africa. Credit risk is the risk of default on a debt that may arise from a borrower failing to make required payments.In the first resort, the risk is that of the lender and includes lost princip...Continue Reading »

  71 pages |  -1 engagements | 

• 31. EVALUATING THE IMPACT AND BARRIERS FOR DE-RISKING STRATEGIES (A CASE STUDY OF ...

  » CHAPTER ONE INTRODUCTION Background of the study In recent years, the international community has begun to focus on financial inclusion as part of a broader strategy to reduce poverty, encourage economic development, and promote stability and security. For the purposes of this paper, the term “financial inclusion” refers to the provision of accessible, usable, and affordable financial ...Continue Reading »

  60 pages |  -1 engagements | 

• 32. SURVEY ON MARKET RISK IN NIGERIA.

  » CHAPTER ONE INTRODUCTION Background of the study Market risk is the risk that the value of an investment will decrease due to moves in market factors. It can also be said to be the risk to an institution resulting from movements in market prices, in particular, changes in interest rates, foreign exchange rates, and equity and commodity prices. Market risk is often propagated by other forms of fina...Continue Reading »

  56 pages |  -1 engagements | 

• 33. CREDIT RISK MODELING TECHNIQUES FOR LIFE INSURERS

  » CHAPTER ONE INTRODUCTION Background of the study This study examines the factors that influence the techniques of credit risk modeling for life insurers in Nigeria – a major developing economy of sub Sahara Africa. Credit risk is the risk of default on a debt that may arise from a borrower failing to make required payments.In the first resort, the risk is that of the lender and includes lost...Continue Reading »

  56 pages |  667 engagements | 

• 34. THE IMPACT OF CASH FLOW MANAGEMENT IN THE INSURANCE INDUSTRY

  » CHAPTER ONE INTRODUCTION Background of the study To the insurance industry, cash flows can be generated through underwriting activities, financing and investing choices, and even managing risks; consequently modeling cash flow risks will be on a dynamic basis process because it is essential to forecasting and managing financial and underwriting risks. To model the cash flow risks specific to the i...Continue Reading »

  56 pages |  1,439 engagements | 

• 35. EVALUATING THE IMPACT AND BARRIERS FOR DE-RISKING STRATEGIES

  » CHAPTER ONE INTRODUCTION 1.1 Background of the study In recent years, the international community has begun to focus on financial inclusion as part of a broader strategy to reduce poverty, encourage economic development, and promote stability and security. For the purposes of this paper, the term “financial inclusion” refers to the provision of accessible, usable, and affordable financ...Continue Reading »

  56 pages |  1,138 engagements | 

• 36. EVALUATING THE IMPACT AND BARRIERS FOR DE-RISKING STRATEGIES (A CASE STUDY OF DI...

  » CHAPTER ONE INTRODUCTION 1.1 Background of the study In recent years, the international community has begun to focus on financial inclusion as part of a broader strategy to reduce poverty, encourage economic development, and promote stability and security. For the purposes of this paper, the term “financial inclusion” refers to the provision of accessible, usable, and affordable financ...Continue Reading »

  60 pages |  1,540 engagements | 

• 37. CREDIT RISK MODELLING TECHNIQUES FOR LIFE INSURERS

  » CHAPTER ONE INTRODUCTION Background of the study This study examines the factors that influence the techniques of credit risk modeling for life insurers in Nigeria – a major developing economy of sub Sahara Africa. Credit risk is the risk of default on a debt that may arise from a borrower failing to make required payments.In the first resort, the risk is that of the lender and includes lost...Continue Reading »

  54 pages |  1,719 engagements | 

• 38. THE IMPACT OF CASH FLOW MANAGEMENT ON THE INSURANCE INDUSTRY(A CASE STUDY OF AIC...

  » CHAPTER ONE INTRODUCTION Background of the study To the insurance industry, cash flows can be generated through underwriting activities, financing and investing choices, and even managing risks; consequently modeling cash flow risks will be on a dynamic basis process because it is essential to forecasting and managing financial and underwriting risks. To model the cash flow risks specific to the i...Continue Reading »

  54 pages |  702 engagements | 

• 39. SURVEY ON MARKET RISK IN NIGERIA

  » CHAPTER ONE INTRODUCTION Background of the study Market risk is the risk that the value of an investment will decrease due to moves in market factors. It can also be said to be the risk to an institution resulting from movements in market prices, in particular, changes in interest rates, foreign exchange rates, and equity and commodity prices. Market risk is often propagated by other forms of fina...Continue Reading »

  56 pages |  1,076 engagements |