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The Development of Mean Natural Reserve Factors and Methods of Amortizing Acquisition Expenses in Adjusting Life Insurance Company Earnings
i) -- 1,000(1 + i)'/'2dt_, = ( lt_ l - d,_~) , V s . (4) This is a far from startling result unless ... withdrawing at the end of policy year t = I,_1(1 ,,~a) ~(u,) ( l t - i ('~)" - - = - - d t - l )q t -1 , ...- Authors: Robert L Collett, Robert H Dreyer, A Henry Kunkemueller, Paul Milgrom, Claude Y Paquin, Anthony C Sharp, Steven Sommer, Leonard H McVity
- Date: Oct 1973
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Modeling & Statistical Methods>Forecasting
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The Choice of the Proper Profit Objective
demonstrates that, assuming a stock life insurance company’s objective is to maximize its current value, the profit ... limiting constraint.’ Includes discussion and author’s review of discussion. From Transactions of Society ...- Authors: Robert L Collett, Vincent Granieri, Claude Y Paquin, Harry Ploss, Bradley M Smith, Donald R Sondergeld, James P Walsh
- Date: Oct 1983
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Publication Name: Transactions of the SOA
- Topics: Finance & Investments>Capital management - Finance & Investments