actuarial report
The product of an actuary's study of an organization's loss experience using
probability theory and other methods of statistical analysis. Can be used to
determine an insured's projected losses, a self-insured's liability accruals,
the adequacy of a property-casualty (P&C) insurer's statutory loss reserves, or
a life insurer's unearned premium (technical) reserves. May be the basis of
rate development.