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Note on Actuarial Management in Inflationary Conditions

Published online by Cambridge University Press:  29 August 2014

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This note is an attempt to put the problems referring to the reserves for outstanding claims into a simple understandable form in order to facilitate the discussion of the difficult questions. In that purpose I have taken up some of Harald Bohman's ideas of the subject). I find it convenient to start with the simplest case where the liability consists of index-regulated payments at fixed epochs. My presentation is restricted to reserves of incurred and reported claims.

Type
Research Article
Copyright
Copyright © International Actuarial Association 1977