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Claim Acceleration Reserve for Endowment Assurances

Published online by Cambridge University Press:  18 August 2016

Abstract

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Type
Actuarial Note
Copyright
Copyright © Institute and Faculty of Actuaries 1919

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References

page 298 note * If the adjustment were taken to be value of Bonus], the omitted terms would be . The first term is generally positive, but the second may in many cases be negative, and it is not easy to show that on the whole the adjustment so calculated would be on the safe side.