Definitions for "Actuarial Assumptions"
Factors used by the actuary in forecasting uncertain future events affecting pension cost. They include such things as salary growth, interest, investment earnings, and mortality rates.
The estimated values - for such elements of insurance product design as mortality rates, investment earnings, expenses, and policy lapses - on which an insurer bases its product pricing and policy reserve calculations. TO TOP
Assumptions made by actuaries in estimating certain benefit costs (for example: yield rate, mortality rate, employee turnover, etc.).