Across
- 1. A tool used by actuaries to measure the likelihood of an event occurring. (7 letters)
- 5. The rate at which a person's future pension benefit grows with additional years of service. (9 letters)
- 6. The measure of how sensitive an insurance company's profit is to changes in interest rates. (12 letters)
- 8. The probability of a certain event happening within a specific time period. (7 letters)
- 9. A metric used to determine the profitability of an insurance company. (8 letters)
- 10. The type of distribution used in actuarial models to represent random events. (5 letters)
Down
- 2. A type of annuity that provides a lifetime income to the annuitant. (9 letters)
- 3. A professional who uses mathematical and statistical methods to analyze and manage financial risks. (9 letters)
- 4. A type of risk that is caused by unpredictable events such as natural disasters or political instability. (9 letters)
- 7. The total amount of money a policyholder must pay for their insurance policy. (6 letters)