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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.