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  • Equity for Existing Policy Owners
    different generations. Given the underlying mortality assumptions and expense levels of the late 1940s ... insured by means of the premium adjustment. As mortality declines, the credit will go to the policyholder ...

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    • Authors: Arnold Dicke, Norman E Hill, Richard Charles Murphy, James Reiskytl
    • Date: Oct 1981
    • Competency: External Forces & Industry Knowledge
    • Publication Name: Record of the Society of Actuaries
    • Topics: Life Insurance