There are several important things for an actuary to consider when setting the premium rates. They make projections of the future costs and they base these projections on historical results‚ probabilistic models‚ and their own judgments. Actuaries must consider different risk pools and make the premiums fair to all. For instance‚ they can consider statistically how likely a driver is to get into a car accident with several speeding tickets versus a driver with none. In order to use the predictability
Premium Insurance Economics Actuarial science
Inferno “Seek and ye shall find” Publishing details: 14.05.2013 Transworld Publishers –London First published in Great Britain in 2013 by Bantam Press – an imprint of Transworld Publishers. Inferno (2013) is a breathless race-against-time thriller by America’s renowned author Dan Brown. Dan Brown was born in a family of three‚ brought up by a great mathematics teacher and a church organist‚ his parents in New Hampshire‚ USA. Brown was raised on a prep school campus where he developed a fascination
Premium The Da Vinci Code Divine Comedy Dante Alighieri
Why Customer Retention Is So Important Good customer retention is vital to any organization because a slight reduction (5%) in the customer defection rate has a disproportionately positive effect on profitability (depending on the cost of acquisition‚ ranging between 25 and 80 %!). Companies with high retention also grow faster. However‚ customers can only be retained if they are loyal and motivated to resist competition. When customers are merely satisfied with the service they receive they may
Premium Customer service Customer relationship management Psychology
In "To Hell With Dying‚" Alice Walker writes about an old man named Mr. Sweet who occasionally falls into a deep depression and becomes so unhappy with life that he loses the desire to live. Each time this happens‚ a neighborhood girl would come to the rescue and shower Mr. Sweet with love by giving him hugs and kisses‚ as he lay on his death bed. After these “rituals‚” Mr. Sweet shows a miraculous recovery and has the will to live again. This goes on for many years until Mr. Sweet finally dies
Free Death Old age Gerontology
It’s So Important What is privacy and what would your everyday life look like if you didn’t have it? Privacy is defined as the condition of being free from being observed or disturbed by other people. When it all comes down to privacy and national security‚ I strongly believe that privacy is more significant because it puts a limit on power‚ it gives people the opportunity to change‚ and it gives people the right to not having to justify themselves. To start off with‚ privacy is so important because
Premium Law Privacy Surveillance
is unification so integral and important in the development of the earliest dynasty in China? Unification is important and integral in the development of the earliest dynasty because it could gain control over the rest of China and also to recover from the Mandate of Heaven. Also‚ they saw this as a reason for their empires to be more stable which means there are fewer wars to happen. They could also see this as a chance of becoming a prosperous nation when it comes to the economic side of the unification
Premium China Han Dynasty Tang Dynasty
John Baker‚ Chief Engineer of the Caribbean Bauxite Co. of Barracania‚ has been promoted to Production Manager of Keso Mining Co.‚ one of Continental Ore’s Canadian enterprises. Baker’s successor‚ Matthew Rennalls‚ has many assets that he can potentially contribute to the company with one negative‚ or what Baker calls his racial consciousness. Baker thinks that Rennalls’ repressed sense of race consciousness prevented their relationship from being as close as it should have been. Baker‚ bothered
Premium Culture Europe Cross-cultural communication
Hell in a Cell is a professional wrestling cage-based match held in WWE (formerly World Wrestling Federation). It features a large roofed steel cage structure or "cell" which encloses the ring and ringside area. While similar to the steel cage match in profile and structure‚ unlike the steel cage match wherein exiting over the cage results in a win‚ only executing a pinfall or submission will result in a win. As in a steel cage match‚ disqualifications do not apply. The original Cell was 16 ft (4
Premium World Wrestling Entertainment
Dante’s Inferno “Dante’s Inferno” is a comedy based on his journey through the nine layers of hell. The voyage started in the 1300’s‚ during Easter Week‚ and the descent to hell began on Good Friday. After Dante finds his guide to the Underworld‚ Virgil who is also a poet‚ in a mysterious dark wooded area‚ they begin their journey to hell‚ a treacherous place with the most horrendous tortures. Dante become lost on his journey and he states that he does not remember how he became lost but he wandered
Premium Divine Comedy Hell Dante Alighieri
Inferno by Dante Alighieri is a story about an adventure into Hell with Dante and Virgil. Afterlife is when people live in Heaven or Hell after they have died. Hell is a place where the bad go and get punished in many different ways. Dante’s view of the afterlife is much different than today’s view of afterlife. A sin is when you commit an illegal act in the eyes of God. It’s a violation of God and the ten commandments. When you arrive to Hhell you are given a specific area where you go‚ and depending
Premium Hell Heaven Divine Comedy