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Theory of Surplus in a Mutual Insurance Organization
IS THE PURPOSE OF SURPLUS~ There is a clear primary reason why mutual companies, almost with- out ... cent of "earnings" out as "divi- dends." In its primary role surplus is a reserve against the several con- ...- Authors: Charles L. Trowbridge
- Date: Oct 1967
- Competency: Technical Skills & Analytical Problem Solving
- Publication Name: Transactions of the SOA
- Topics: Finance & Investments