Document library
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Continuous mortality investigation. Mortality of annuitants: experience for 1959-60
357 CONTINUOUS MORTALITY INVESTIGATION MORTALITY OF ANNUITANTS: EXPERIENCE FOR 1959–60 IN J.I.A. 87, 253, and T.F.A. 27, 156, the annuitants’ mortality experience for 1948–58 was examined, and it was observed that in 1956–58 the percentage of ... read more >>
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Patterns in repeated trials
360 PATTERNS IN REPEATED TRIALS BY M. T. L. BIZLEY, F.I.A., F.S.S., F.I.S. INTRODUCTION IN a series of trials with constant probability p of ‘success’ (S) and q( = 1–p) of ‘failure' (F), the problems arise of determining the ex- pected number of ... read more >>
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Articles, papers and publications of actuarial interest
243 CONTINUOUS MORTALITY INVESTIGATION: ANNUITANTS’ EXPERIENCE THE following comments are submitted by the Joint Committee on the Continuous Mortality Investigation arising out of remarks made by Mr Perks in the discussion on Dr Pollard’s paper (see ... read more >>
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Report and accounts, 1960-1961
THE INSTITUTE OF ACTUARIES STUDENTS SOCIETY: REPORT AND ACCOUNTS Report by the Committee for the Session 1960-61 T H E membership of the Society on 30 June 1961 was as follows: Fellows 744 177 1125 204 Associates Students Total Ten meetings were held ... read more >>
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Reviews
120 History of Life Assurance in the United Kingdom. By CORNELIUS WALFORD, F.I.A. (Continued from p. 24.) Globe Insurance Company.—Early in the year 1799 a plan was laid before Mr. Pitt for forming a Chartered Insurance Office, for granting Insurance ... read more >>
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Elderton, Sir William Palin, KBE, PhD (Olso); and Steffensen, Johan Frederik (Memoirs)
245 MEMOIRS SIR WILLIAM PALIN ELDERTON, K.B.E., Ph.D. (Oslo) THE death of Sir William Elderton on 6 April 1962 in his 85th year will have brought a profound sense of loss to all members of the profession and to a circle of friends extending far ... read more >>
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Local government superannuation. Experience of membership of superannuation funds compiled from valuation reports
210 LOCAL GOVERNMENT SUPERANNUATION EXPERIENCE OF MEMBERSHIP OF SUPERANNUATION FUNDS COMPILED FROM VALUATION REPORTS Note prepared by the Government Actuary’s Department. THE valuation reports of superannuation funds subject to the Local Government ... read more >>
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Correspondence
CORRESPONDENCE 24 November 1961The Joint Editors The Journal of the Institute of Actuaries Students' Society Dear Sirs, In his paper 'Options in Life Assurance' published in J.S.S. 16, 3 Mr Souness honoured me by recalling my demonstration of how simple ... read more >>
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Lloyd vs The Institute of Chartered Accountants in England and Wales (Legal note)
Professional Conduct—Withdrawal of hearing of complaint of discreditable conduct from domestic tribunal of professional body—Bias arising from hostility of professional body towards member’s employer 100 LEGAL NOTE (The following note ... read more >>
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Notes on the Transactions of the Faculty of Actuaries
102 NOTES ON THE TRANSACTIONS OF THE FACULTY OF ACTUARIES Vol. 27, PART 3 (No. 207), 1961 JAMIESON, F. S. The Effect of Taxation on Comparative Yields on Life Office Investments, pp. 93–152. The paper discusses the taxation assumptions which ... read more >>
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Notes on other actuarial journals
'O & M' AND JOB EVALUATION by J. G. CUTHILL, F.C.I.I. {The following article was prepared in January 1969, as a talk, given to officials of a reassurance company to outline the functions of a newly formed 'O & M' depart- ment and in particular to ... read more >>
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The Census
THE CENSUS by E. A. JOHNSTON T H E census taken in this country last April will still be fresh in everybody's minds, so that the present time seems very suitable for a discussion on census-taking. The subject is of particular interest, as considerable ... read more >>
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The economic background to investment, by H. B. Rose (Review)
J.I.A. 119, I, 169–171 MEMOIR SIR EDWARD ALEXANDER JOHNSTON, C.B., K.B.E. SIR EDWARD JOHNSTON, who died on 11 November 1991, aged 62, was the sixth person to hold the post of Government Actuary. As such he played a major role, both in the actuarial ... read more >>
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Reviews
253 REVIEWS Principles of the Law of Damages. By HARRY STREET, LL.M., PH.D., Professor of English Law in the University of Manchester. [Pp. xxiv+272 London: Sweet and Maxwell Ltd., 1962. £3 3s.] HULTQUIST’S finger may eventually prove to be as ... read more >>
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The expected yield of ordinary shares
THE EXPECTED YIELD OF ORDINARY SHARES by J. R. HEMSTED (A paper discussed by the Society on 20 October 1961) INTRODUCTION T H E assessment of ordinary shares is at present the subject of intense activity. A full-scale professional analysis of a ... read more >>
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Notes on other actuarial journals
103 NOTES ON OTHER ACTUARIAL JOURNALS BY H. L. SEAL, B.Sc., PH.D., F.F.A., A.I.A., A.S.A., J. HAMILTON-JONES, M.A., F.I.A., F.S.S., AND C. J. CORNWALL, M.A., F.I.A., F.S.S. BRAZIL Boletim do Instituto Brasileiro de Atuária, 15, 1959 MOURA, G. Q. ... read more >>
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Bell Hotels (1935) Limited vs Motion and another (Legal note)
Negligence of Professional Valuers - Action for negligence against a firm of valuers specializing in the transfer and sale of licensed premises 375 LEGAL NOTE BY A. L. LODDE, LL.B. Barrister-at-Law (The following note will be of interest to members by ... read more >>
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The recent trend of mortality in Great Britain
In continuation of the tables given in JIA 87, central death rates in age-groups for males and females separately in the year 1961, and the ratios of these death-rates to the corresponding rates for the years 1950–52 taken as the standard, are shown ... read more >>
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With-profit pensions
WITH-PROFIT PENSIONS by N. S. PARRACK (A paper discussed by the Society on 15 December 1961) I T is first necessary to consider why with-profit pensions schemes have been introduced. Three reasons emerge. The first is protection for the office; the ... read more >>
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Articles, papers and publications of actuarial interest
243 ARTICLES, PAPERS AND PUBLICATIONS OF ACTUARIAL INTEREST BY B. BENJAMIN, PH.D., F.I.A., H. W. HAYCOCKS, B.Sc. (EcoN.), F.I.A., P. D. JOHNSON, M.A., F.I.A. A N D A. L. THWAITES, F.I.A. LLOYDS BANK REVIEW New series, April 1962, No. 64 ... read more >>