Hostname: page-component-cd9895bd7-jkksz Total loading time: 0 Render date: 2024-12-23T12:01:18.273Z Has data issue: false hasContentIssue false
  • English
  • Français

Valuation Standards

Published online by Cambridge University Press:  03 October 2014

A. C. Stalker  and
G. K. Hazell
Get access

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
Information
Transactions of the Faculty of Actuaries , Volume 35 , 1975 , pp. 137 - 194
Copyright
Copyright © Institute and Faculty of Actuaries 1975

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

1.Sprague, T. B. M.A.On the Causes of Insolvency in Life Insurance Companies and the best means of detecting, exposing, and preventing it. J.I.A., 20, p. 291.Google Scholar
2.Bews, R. P. F.F.A.Seymour, P. A. C. M.A., F.I.A.Shaw, A. N. D. F.F.A. and Wales, F. R. F.I.A., F.S.S.Proposals for the Statutory Basis of Valuation of the Liabilities of Long-term Insurance Business. T.F.A., 34, p. 367.Google Scholar
3.Froggatt, H. W. B.Sc., F.I.A.Hodge, P. E. T. F.I.A.Kennedy, S. P. L. B.A., F.I.A. and King, A. S. M.A., F.F.A.Bonus Distribution with High Equity Backing. J.I.A., 103, p. 11.Google Scholar
4.Financial Guarantees Required from Life Assurance Concerns. Published, Paris, 1971, Organisation for Economic Co-operation and Development.Google Scholar
5.Donald, D. W. A. O.B.E., T.D., F.F.A.Compound Interest and Annuities Certain, Second Edition, pp. 4/5 and 276/7.Google Scholar
6.Benjamin, S. M.A., F.I.A., F.S.S.Theory of Games and its Application to Rate of interest. J.I.A., 85, p. 373.Google Scholar
7.McKelvey, K. M. F.I.A. Discussion of 2 above.Google Scholar