Announcement: SOA releases passing candidate numbers for April 2024 Exam PA.

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  • Payment of Reserve in Addition to Face Amount
    - I kV= ~ (l"ki) k-*(z--Fv%+3 t~O (1) = ~r s~ - F ( 1 + w t~vl, -- ,+,) where, as used by Jordan ... gives nV+F(1 +" *+~ ' ' ,) (M, - M,+,) (2) ,r = s',7 The first n - 1 reserves may then be computed ...

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    • Authors: Paul W Nowlin, Thomas N E Greville
    • Date: Apr 1956
    • Competency: External Forces & Industry Knowledge>Actuarial theory in business context
    • Publication Name: Transactions of the SOA
    • Topics: Life Insurance