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Premiums and Reserves in Multiple Decrement Theory
'+ ' ,~¢, , ) c~, . - dt+BZ+,v f /am. (17) In formula (17), the expression ~.,+,-(° ttB~),+, -- ,V(~'))dt ... available to offset the sum insured n<o Formula (17) indicates that ~O") is the 350 PREMIUMS~ RESERVES ...- Authors: Cecil J Nesbitt, William S. Bicknell
- Date: Nov 1956
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Annuities>Pricing - Annuities; Life Insurance>Pricing - Life Insurance; Pensions & Retirement>Corporate plans