actuarial

adjective

ac·​tu·​ar·​i·​al ˌak-chə-ˈwer-ē-əl How to pronounce actuarial (audio)
-shə-
1
: of or relating to actuaries
2
: relating to statistical calculation especially of life expectancy
actuarially adverb

Examples of actuarial in a Sentence

Recent Examples on the Web Fundraising in the name of Pi Ramsey is an actuarial consultant at a healthcare consulting firm. The Arizona Republic, 11 Mar. 2024 The industry wants to include actuarial projections of future losses and the costs of reinsurance in their premiums. Dan Walters, The Mercury News, 5 Jan. 2024 The insurance industry, traditionally reliant on statistical models and actuarial tables, is undergoing a significant transformation. Neil Sahota, Forbes, 21 Feb. 2024 Pricing of the medical malpractice tail policies was based on KPMG's Bustillo generating actuarial pricing analysis that was based largely on industry factors because the captives had little or no loss experience of their own. Jay Adkisson, Forbes, 10 Feb. 2024 The most recent actuarial report, published in 2022, projected the fund’s liabilities had grown to $565 million. Ken Ward Jr., ProPublica, 1 Dec. 2023 For instance, actuarial predictions assign a risk score, not a binary prediction of dead or not dead, Ludkovski says—and those risk scores account for uncertainty in a way that life2vec doesn’t. Lauren Leffer, Scientific American, 18 Jan. 2024 Besides, the actuarial charts tell us that Americans in Biden’s demographic who reach eighty in reasonable health will likely reach ninety, too. David Remnick, The New Yorker, 24 Sep. 2023 On the agenda was reviewing a draft of an actuarial study, obtained by Mountain State Spotlight and ProPublica, that shows a surprisingly large improvement in the fund’s financial position. Ken Ward Jr., ProPublica, 1 Dec. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'actuarial.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

actuary + -al entry 1

First Known Use

1869, in the meaning defined at sense 1

Time Traveler
The first known use of actuarial was in 1869

Dictionary Entries Near actuarial

Cite this Entry

“Actuarial.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/actuarial. Accessed 28 Mar. 2024.

Legal Definition

actuarial

adjective
ac·​tu·​ar·​i·​al ˌak-chə-ˈwer-ē-əl, ˌak-shə- How to pronounce actuarial (audio)
1
: of or relating to actuaries
2
: relating to statistical calculation especially of life expectancy
actuarially adverb

More from Merriam-Webster on actuarial

Last Updated: - Updated example sentences
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