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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
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A Stochastic Investment Model
written on the subject in his presidential address [17] as well as in [18]. During the annual meeting ... I t is assumed A STOCHASTIC INVESTMENT MODEL 17 that the negative binomial constants b and c are ...- Authors: John A Beekman
- Date: Jan 1980
- Competency: Results-Oriented Solutions
- Publication Name: Transactions of the SOA
- Topics: Finance & Investments; Modeling & Statistical Methods>Stochastic models
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Variable Premium Life Insurance
Variable Premium Life Insurance ... 10. . I1. . . 12... 13 .. 14... 15... 16. 17 . . 18 . . 19 .. 20 . . Morta l i ty Rate ... 13.98 14.31 15 .43 15 .92 16.41 16 .93 17 .45 18 .00 18 .56 19 .15 19.75 20 .36 ...- Authors: Peter L Hutchings, Paul Milgrom, Ken E Polk, Donald R Sondergeld
- Date: Oct 1974
- Competency: Results-Oriented Solutions; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Life Insurance; Life Insurance>Pricing - Life Insurance
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The Merger of Mutual Life Insurance Companies
The Merger ... 410 5,933 6,510 7,145 7,841 Deaths 15.064 17,~28 20,174 23,330 26.898 30,898 35,336 40,210 ... ment= (12) +(14) +(15) . . . . . . . . . . . i 17. Company share= 1 --[(16)+(4)1 . . . . . ;I 18 ...- Authors: Louis Garfin, L Giles, Howard H Kayton, Robert Merritt, Robert C Tookey, Charles F B Richardson
- Date: Oct 1972
- Competency: Results-Oriented Solutions; Strategic Insight and Integration
- Publication Name: Transactions of the SOA
- Topics: Finance & Investments
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A New Approach to the Theory of Interest
satisfies i f (v) >__ 0 , v > (1 -4- io ) - ' . (17) Example 11. Let T = ( -3 , 4, -18 , 24). The ... transaction for strong L-normality is by using criterion (17). vii. DECOMPOSITION OF TRANSACTIONS Theorem ...- Authors: S. Promislow
- Date: Jan 1980
- Competency: Results-Oriented Solutions
- Publication Name: Transactions of the SOA
- Topics: Finance & Investments
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On Understanding the Effects of GAAP Reserve Assumptions
On Understanding the Effects of GAAP Reserve Assumptions Discussion of the sensitivity of GAAP reserves ... Expressing it differently, let P ' = P('n>~ En>" (17) [x] [zl 1[ ' I , in(n_lVtxl + P ' .4 E%/-~ ...- Authors: Gottfried O Berger, Paul Milgrom
- Date: Oct 1975
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Results-Oriented Solutions; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]
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The Aggregate Claims Distribution and Stop-Loss Reinsurance
The Aggregate Claims Distribution and Stop-Loss Reinsurance This paper presents the recursive definition ... (16) + 1) 4 4 dp d--k = q[~(k) ~ + aqf(k) -~ , (17) xf(x) = q f (x - y)p(y)f(x - y)dy + aq f yp(y)f(x ...- Authors: Harry H Panjer
- Date: Jan 1980
- Competency: Results-Oriented Solutions
- Publication Name: Transactions of the SOA
- Topics: Life Insurance; Reinsurance>Stop-loss insurance
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An Expanded Financial Structure for Ordinary Dividends
An Expanded Financial Structure for Ordinary Dividends This paper develops a dividend financial ... policies (see Lawrence M. Cathles, RAIA, H [1913], 17-19). Equation (1) forms a system of rn + 2 unknowns ...- Authors: Donald D Cody
- Date: Oct 1981
- Competency: Results-Oriented Solutions
- Publication Name: Transactions of the SOA
- Topics: Finance & Investments