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A General Method of Calculating Experience Net Extra Premiums Based on the Standard Net Amount at Risk
Usual Method 7r - N8 _ N~ x ~1 = n--1 ,~o - D~ (17) Proposed Method lr = NB -- N l{ xTn where ... P, = net premium payable at time t. Formula (17) is a more general form of formula (3). By making ...- Authors: Walter Shur
- Date: Apr 1954
- Competency: Results-Oriented Solutions; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Life Insurance>Pricing - Life Insurance