Document library
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The jubilee of the Danish Actuarial Society
432 THE JUBILEE OF THE DANISH ACTUARIAL SOCIETY MEMBERS of the Institute have always had very friendly feelings towards their Scandinavian colleagues. The long-standing arrangements whereby young Scandinavian actuaries have been seconded, for ... read more >>
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A slide-rule connecting age, height and weight
101 THE EXTENT OF PRIVATE PENSION PROVISION ANNUAL PENSION STATISTICS—1965 IN 1962 the Councils of the Faculty of Actuaries and Institute of Actuaries instituted a series of annual statistical enquiries into the scope of pension provision for ... read more >>
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Lidstone, George James, LL.D., F.I.A., F.F.A., F.S.A., F.R.S.E.
75 GEORGE JAMES LIDSTONE LL.D., F.I.A., F.F.A., F.S.A., F.R.S.E. ON Monday, 11 December 1950, George James Lidstone celebrated his 80th birthday. All who have had the privilege of visiting Mr Lidstone bear witness to the courage with which he has ... read more >>
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Mortality tables giving the same policy values
98 MORTALITY TABLES GIVING THE SAME POLICY VALUES BY G. V. BAYLEY, F.I.A. Assistant Actuary, The Equitable Life Assurance Society IN a translated note entitled Mortality Tables giving the same Policy values, [J.I.A. LXII, 109 (1931)] Dr S. Dumas ... read more >>
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Official publications
133 THE APPORTIONMENT OF ASSETS ON DISSOLUTION OF A PENSION FUND BY P. BASTEN, F.I.A. INTRODUCTION THE apportionment of a pension fund on dissolution has received little attention in the Journals of the Institute and the Students’ Society. The ... read more >>
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The recent trend of mortality in England and Wales
120 THE RECENT TREND OF MORTALITY IN ENGLAND AND WALES BY W. S. HOCKING, O.B.E., F.I.A. Of the Government Actuary’s Department IN continuation of the tables given in J.I.A. LXXVI, 65-69, central death-rates in age-groups for males and females ... read more >>
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Notes on the valuation of tax-free annuities
The valuation of tax-free annuities presents many problems to the actuary. The importance of the subject is evidenced by the number of cases before the Courts in which these annuities are discussed, by the attention given to them in the Legal Notes ... read more >>
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Some observations on Laplace's rule of succession and Perks's rule of indifference
The controversial problem of prior probabilities, inverse inference, and the rule of Bayes-Laplace has recently been brought back into the limelight through Wilfred Perks’s interesting attempt to formulate a new indifference rule for the prior ... read more >>
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Notes on foreign actuarial journals
304 (y) is NOTES ON FOREIGN ACTUARIAL JOURNALS BY SIR WILLIAM ELDERTON, K.B.E., PH.D. (OSLO), F.I.A., F.F.A., AND H. L. SEAL, PH.D., B.Sc., F.P.A. FRANCE Bulletin Trimestriel de l’Institut des Actuaires Français, No. 193, December 1950 R. RISSER. ... read more >>
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Memoirs III
479 MEMOIR SIR GEORGE EPPS THE death of Sir George Epps will have affected actuaries in many countries with an unusual feeling of personal loss. For Epps was more than a good actuary, ulfilling with a high sense of public duty the responsibilities ... read more >>
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Some observations on Laplace's rule of succession and Perks's rule of indifference
The controversial problem of prior probabilities, inverse inference, and the rule of Bayes-Laplace has recently been brought back into the limelight through Wilfred Perks’s interesting attempt to formulate a new indifference rule for the prior ... read more >>
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Legal notes
LEGAL NOTES BY EVAN JAMES MACGILLIVRAY, B.A., LL.B. One of His Majesty’s Counsel AND DAVID HOUSEMAN, A.I.A. (Solicitor) Trust and Claims Secretary of the London Life Association Ltd. In re Selby-Bigge, deceased Will—Attestation Clause—Sufficiency ... read more >>
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Notes on foreign actuarial journals
125 THE RECENT TREND OF MORTALITY IN ENGLAND AND WALES BY W. S. HOCKING, O.B.E., F.I.A. Of the Government Actuary’s Department IN continuation of the tables given in J.I.A. LXXVII, 120-2, central death- rates in age-groups for males and females ... read more >>
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Memoirs I
138 MEMOIR SIR JOSEPH BURN THE death of Sir Joseph Burn, K.B.E., F.I.A., F.R.I.C.S., on 12 October 1950, removed one who had been an outstanding figure in the Industrial Assurance world for half a century. Born on 6 March 1871, he entered the ... read more >>
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Notes on the Transactions of the Faculty of Actuaries
REVIEWS The Penguin Guide to Insurance. By GEORGE WILLMAN. [Pp. 250. Penguin Books, Harmondsworth, 1973. 40 pence] ‘THIS book is a layman’s practical guide to his own insurance.’ The author concentrates on presenting the current situation in the ... read more >>
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The thirteenth International Congress of Actuaries
434 THE THIRTEENTH INTERNATIONAL CONGRESS OF ACTUARIES THE Thirteenth International Congress of Actuaries took place by invitation of the Actuarieel Genootschap (Dutch Actuarial Society) at Scheveningen, Holland, from Thursday 7 June to Tuesday 12 ... read more >>
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Some notes on Evans's and other approximations to life annuities
268 SOME NOTES ON EVANS’S AND OTHER APPROXIMATIONS TO LIFE ANNUITIES BY WILFRED PERKS, F.I.A. Joint Actuary of the Pearl Assurance Company, Ltd. THE approximations of K. A. Poukka (Skand. Akt. VI, 137 [1923]) and A. W. Evans (J.I.A. LXIII, 70 ... read more >>
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The capital letters in actuarial notation
In Great Britain it has hitherto been the custom to use upright roman type for the capital letters in actuarial notation, although the symbols in ‘lower case’ have been in italic type. The Council has decided that italic capitals should be ... read more >>
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Continuous mortality investigation: assured lives 1944-48
103 CONTINUOUS MORTALITY INVESTIGATION: ASSURED LIVES 1944-1948 THE last note published on the assured lives experience appeared in J.I.A. LXXII, 516 and T.F.A. XVIII, 167, and related to the period 1939-43. Statistics are now available for 1944-48 ... read more >>
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Continuous mortality investigation: investigation into the mortality of impaired lives
448 CONTINUOUS MORTALITY INVESTIGATION INVESTIGATION INTO THE MORTALITY OF IMPAIRED LIVES FOR some time there has been a widespread feeling in the actuarial profession that some investigation should be made into the mortality experience of under- ... read more >>