dear experts
what is meant by acturial valuation?
kindly reply for this.
thank you one & all
CA Dileep Surya Kumar
(B.com, ACA, CS)
(3786 Points)
Replied 31 March 2012
Actuaruial valuation is a method of apprisal of something based on assumptins using mathematical models and probability. It may be valutuion of future expected benefits or clims ( incase of insurance companies).
It is more common in case of insurance comapanies.
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