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  • Investment Policy In A Changing Economy
    investment risk needs. Let s =S/A = ratio of surplus to assets, and X = M/S = ratio of market value of ... of co_uuon stocks to surplus; where S = statutory surplus (includlngMSVR) A = admitted assets M = market ...

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    • Authors: Donald D Cody, William A Dreher, Irwin T Vanderhoof, Allan B. Roby
    • Date: Apr 1976
    • Competency: External Forces & Industry Knowledge; Technical Skills & Analytical Problem Solving
    • Publication Name: Record of the Society of Actuaries
    • Topics: Finance & Investments>Investment policy; Finance & Investments>Investments