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Valuation Standards

Published online by Cambridge University Press:  03 October 2014

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Synopsis

The paper seeks to examine the fundamental principles underlying the periodic actuarial investigations of life insurance companies. It attempts to define the attributes of an equitable and efficient set of standards, to classify the causes of failure of life offices and to enumerate the realities of any life office. Having examined the background to the present situation it then proceeds to attempt to derive a general valuation standard.

Type
Research Article
Copyright
Copyright © Institute and Faculty of Actuaries 1975

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References

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