actuarial
1 of 1adjective/ˌæktʃuˈɛriəl/
1
relating to the statistical assessment of risk, especially in insurance, finance, or pension planning, based on mathematical models and probability
- The company hired actuarial experts to evaluate its long-term liabilities.
- Actuarial tables help insurers predict life expectancy and set premiums.
- His actuarial report warned of rising healthcare costs over the next decade.
- The pension fund's stability depends on accurate actuarial projections.
- Actuarial models were used to estimate the impact of the new policy.