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Cash Flow Analysis by the Prudent Banker's Method, or Discounting Turned on its Head
effect of deaths and lapses, was as follows: TABLE 1 PROJECTED CASH FLOW ON BLOCK OF BUSINESS Year ... the computed rate of return on the cash flow in Table 1, by a "normal" or conventional discounting process ...- Authors: Application Administrator, Mark Evans, Roger E Johnson, Thomas Marra, Claude Y Paquin, S. Promislow, William L Roach, Eric Seah, Elias Shiu, Courtland C Smith, Donald R Sondergeld
- Date: Oct 1987
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Life Insurance>Pricing - Life Insurance
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Select and Ultimate Models in Multiple Decrement History
select models. A nonselect model for a mortality table is often a reasonable approxi- mation. After all ... to give stochastic definitions to the mortality table items l ~/) and dO3, which have appeared in the ...- Authors: S. Promislow, Elias Shiu
- Date: Oct 1991
- Competency: Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Actuarial Profession>Competencies