Volume 116 (1989)

Presentation of an Institute Finlaison Medal to Ronald William Abbott. p.1-3.
Presentation of an Institute Finlaison Medal to Edward Alexander Johnston. p.5-7.
Address by the President. Making sense of the future. - Corley, R. D. p.9-25.
The appointed actuary. - Johnston, E. A. p.27-100.
The individual risk model: a compound distribution. - Verrall, R. J. p.101-107.
Notes on capital theory: a comment on "the economic basis of interest rates". - Woods, J. E. p.109-126.
The measurement of investment risk. - Clarkson, R. S. p.127-178.
Notes on the Financial Times-Actuaries Equity Share Indices in 1988. - Brumwell, J. C. H. p.179-186.
AIDS: some issues for the profession. Formal notes prepared as an introduction to the discussion. - Daykin, C. D. p.193-214.
Calculating devices and actuarial work. - Lewin, C. G.; Evans, J. V.; Goodare, K. J.; Packer, L. R. p.215-287. Photos on p.233-248 omitted for copyright reasons.
With profits without mystery. - Ranson, R. H.; Headdon, C. P. p.301-345.
Reflections on resilience - some considerations of mismatching tests, with particular reference to non-linked long-term insurance business. - Purchase, D. E.; Fine, A. E. M.; Headdon, C. P.; Hewitson, T. W.; Johnson, C. M.; Lumsden, I. C.; Maple, M. H.; O'Keeffe, P. J. L.; Pook, P. J.; Robinson, D. G. p.347-452.
A single European market for actuaries. - Ferguson, D. G. R.; Croucher, P. E.; Franklin, N. A. M.; Henty, J. M.; Parmee, D. S.; Saunders, A.; Shaw, G. J. M. p.453-512.
Time series models for insurance claims. - Harvey, A. C.; Fernandes, C. p.513-528.
Matching. - Wise, A. J. p.529-535.
Option pricing models. - Blake, D. p.537-558. Corrigendum.
Chain ladder and interactive modelling. (Claims reserving and GLIM). - Renshaw, A. E. p.559-587.
A state space representation of the chain ladder linear model. - Verrall, R. J. p.589-609.
Some aspects of the modelling of permanent health insurance. - Waters, H. R. p.611-624.
Projecting the spread of AIDS into the general population - application to life assurance. - Lorper, J. p.625-638.
Modelling the operations of a general insurance company by simulation. - Daykin, C. D.; Hey, G. B. p.639-662.
Using APL for financial calculations. - Forfar, D. O. p.663-672.
Modelling a unit-linked life office. - Johnson, C. M. p.673-690.
Modelling a with-profits life office. - Ross, M. D. p.691-715.
Driving the pension fund. - Benjamin, S. p.717-735.

Mortality investigations and studies

Mortality differences between smokers and non-smokers - a reply to Benjamin and Michaelson. - Haberman, S. p.289-291.
The recent trend of mortality in Great Britain. - Daykin, C. D. p.745-751.

Conference, seminar and meeting reports

Applications of Mathematics in Insurance, Finance and Actuarial Work, 6-7 July 1989. - O'Neill, J. E. p.737-743.

Book reviews

Reviews I

• Property investment appraisal, by Andrew E. Baum and Neil Crosby. - Scadden, R. W. p.189.
• Taxation of insurance business, by James S. MacLeod and Arthur Levitt. - Scadden, R. W. p.189.

Reviews II

• Non-life insurance mathematics, by Erwin Straub. - Scadden, R. W. p.297.
• Population statistics: A review of sources, by Bernard Benjamin. - Cox, P. R. p.297.
• Phoenix Assurance and the development of British assurance, Vol. 1. 1782-1870, by Clive Trebilcock. - Renn, D. F. p.297-299.

Reviews III

• The British insurance industry - A statistical review (1988/89 edition), by Robert L. Carter and Stephen R. Diacon. - Scadden, R. W. p.754.

Other articles

Notes on the Transactions of the Faculty of Actuaries. p.187.
Notes on the Transactions of the Faculty of Actuaries. p.753.
Articles, papers and publications of actuarial interest. p.295.
Papers presented to the Staple Inn Actuarial Society and to provincial actuarial societies. p.293-294.