• Nov 13, 2025 Foundations Of Casualty Actuarial Science d, and stochastic models. Mathematical Foundations of Casualty Actuarial Science Probability Theory and Statistics The backbone of casualty actuarial models rests on probability and statistical methods. Actuaries utilize probability distributions (e.g., Poisson, Binomial, Lognormal) to model claim By Liza Hodkiewicz
