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  • Discussion - A Present Value Approach to Profit Margins and Dividends
    value method has the further advantage that if mortality and lapse rates are varied only for large groups ... ~P+E D - ½Dr) -- At d 1 + i ql~q+t-a Dt CVt+E s - At At 1+i 1+i W[~l+t-1 + A t-1 -- 1 +----i ...

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    • Authors: Robert J Johansen, James Ross Gray, Robert L Bergstresser, Harwood Rosser, B Franklin Blair, Edward A. Rieder, Kermit Lang
    • Date: Sep 1951
    • Competency: Technical Skills & Analytical Problem Solving
    • Publication Name: Transactions of the SOA
    • Topics: Life Insurance>Whole life