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feasibility study

A feasibility study is undertaken to determine whether a contemplated risk financing program is feasible for an organization or group of organizations.

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An actuarial analysis is often done in conjunction with a feasibility study. It is often used in reference to studies that attempt to ascertain whether the formation of a captive insurance company is a viable risk financing alternative under a given set of circumstances.

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The product of an actuary's study of an organization's loss experience using probability theory and...

The product of an actuary's study of an organization's loss experience using probability theory and...