Definition of actuarial in English:
actuarial
adjective aktʃʊˈɛːrɪəlˌæk(t)ʃəˈwɛriəl
Relating to actuaries or their work of compiling and analysing statistics to calculate insurance risks and premiums.
an actuarial consulting firm
faulty actuarial assumptions
Example sentencesExamples
- Each valuation shall be obtained as soon as reasonably practicable and shall be accompanied by an actuarial statement pursuant to the regulations.
- The last actuarial valuation on its pension fund was undertaken more than two years ago.
- In determining the actuarial surplus in a pension fund, actuaries make key assumptions.
- In 1983, actuaries put the long-range actuarial deficit at -2.09 percent of taxable payroll.
- There is an inherent uncertainty in any actuarial estimates of asbestos liabilities.
- Too conservative or too aggressive actuarial assumptions can produce unreliable results.
- The group's leadership continues to deny the hard realities about which trustworthy actuarial studies warn us.
- Social Security reform has been a tough slog for the business lobby, normally more at home discussing golf outings than actuarial tables.
- It is a mistake to suppose that the actuarial figure for life expectancy will be the actual length of life for any particular individual.
- Projections of actuarial soundness based on forecasts of productivity growth run the risk of being very wrong.
Rhymes
adversarial, aerial, areal, bursarial, commissarial, filarial, malarial, notarial, secretarial, vicarial
Definition of actuarial in US English:
actuarial
adjectiveˌak(t)SHəˈwerēəlˌæk(t)ʃəˈwɛriəl
Relating to actuaries or their work of compiling and analyzing statistics to calculate insurance risks and premiums.
an actuarial consulting firm
faulty actuarial assumptions
Example sentencesExamples
- Too conservative or too aggressive actuarial assumptions can produce unreliable results.
- In determining the actuarial surplus in a pension fund, actuaries make key assumptions.
- Projections of actuarial soundness based on forecasts of productivity growth run the risk of being very wrong.
- Social Security reform has been a tough slog for the business lobby, normally more at home discussing golf outings than actuarial tables.
- The group's leadership continues to deny the hard realities about which trustworthy actuarial studies warn us.
- The last actuarial valuation on its pension fund was undertaken more than two years ago.
- It is a mistake to suppose that the actuarial figure for life expectancy will be the actual length of life for any particular individual.
- There is an inherent uncertainty in any actuarial estimates of asbestos liabilities.
- In 1983, actuaries put the long-range actuarial deficit at -2.09 percent of taxable payroll.
- Each valuation shall be obtained as soon as reasonably practicable and shall be accompanied by an actuarial statement pursuant to the regulations.