What does seriatim mean in insurance?
Actuarial calculations made in respect of a database (such as insurance policies or asset holdings) may be referred to as seriatim. This implies calculation results are produced for each database record explicitly, i.e. without model compression (data grouping) and before summation.
What is actuarial Modelling?
Actuarial modeling is the name for a set of techniques used in the insurance industry. These models are composed of equations that represent the functioning of insurance companies, accounting for the probabilities of the events covered by policies and the costs each event presents to the company.
What does ad seriatim mean?
one after another
(sear-ee-ah-tim) prep. Latin for “one after another” as in a series. Thus, issues or facts are discussed seriatim (or “ad seriatim”), meaning one by one in order.
What is seriatim in law?
Seriatim is a Latin word meaning consecutively. The word can be used in a variety of legal contexts. For example, a panel of judges can give their opinions orally seriatim, one after another.
How do you use seriatim in a sentence?
Seriatim in a Sentence 🔉
- A seriatim schedule is key to staying organized and completing tasks in an orderly manner.
- The Netflix enthusiast watched the series in seriatim so he wouldn’t be confused about the plot events.
How would you use ad seriatim in a sentence?
Ad seriatim means it was discussed one by one in order. For example, a person filing suits ad seriatim; judges delivering pinions seriatim.
Is inter alia common?
It is certainly used more widely, but it says nothing that among other things doesn’t say.
What is seriatim in actuarial science?
Actuarial calculations made in respect of a database (such as insurance policies or asset holdings) may be referred to as seriatim. This implies calculation results are produced for each database record explicitly, i.e. without model compression (data grouping) and before summation.
What is an actuarial calculation?
Actuarial usage. Actuarial calculations made in respect of a database (such as insurance policies or asset holdings) may be referred to as seriatim. This implies calculation results are produced for each database record explicitly, i.e. without model compression (data grouping) and before summation.
What does seriatim mean in law?
Look up seriatim in Wiktionary, the free dictionary. In law, seriatim ( Latin for “in series”) indicates that a court is addressing multiple issues in a certain order, such as the order in which the issues were originally presented to the court.
What is a seriatim opinion?
A seriatim opinion describes an opinion delivered by a court with multiple judges, in which each judge reads his or her own opinion rather than a single judge writing an opinion on behalf of the entire court.