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GN10: Valuations of reversions and life interests. Version 2.0

This Guidance Note has been adopted by the Board for Actuarial Standards. The latest version is available on the <a href\="http://www.frc.org.uk/bas/actuarial/index.cfm" target\="external">BAS website</a>. Faculty and Institute of ... read more >>

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Institute of Actuaries Students" Society
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Journal of the Institute of Actuaries Students" Society [JSS] (1971) 19(3): 181-190

Report and accounts, 1969-1970

THE INSTITUTE OF ACTUARIES STUDENTS' SOCIETY STAPLE INN HALL, HIGH HOLBORN, LONDON WC1V 7QJ Report of the Committee Presented at the Annual General Meeting on 9 October 1970 THE committee submits its report on the work of the Society during the sixtieth ... read more >>

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Transactions of the Faculty of Actuaries [TFA] (1969-1971) 32: 87

Notes on the Journal of the Institute of Actuaries, vol. 95 part 1

87 NOTES ON THE JOURNAL OF THE INSTITUTE OF ACTUARIES VOL. 95, PART I. No. 400 (1969) Pegler, J. B. H. Presidential Address, pp. 1-18. Hemsted, J. R. One-year Returns and the Degree of Rick, pp. 19-77. It is suggested that a long-term return from ... read more >>

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Transactions of the Faculty of Actuaries [TFA] (1969-1971) 32: 324-325

L'Association Royale des Actuaires Belges, 75th Anniversary

324 L’ASSOCIATION ROYALE DES ACTUAIRES BELGES 75th ANNIVERSARY The anniversary celebrations were attended by some 140 actuaries with 95 “accompanying persons“, the Faculty being represented by the President, Mr. D. W. A. Donald, and by Messrs. J. ... read more >>

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Author:
Stewart, C. M.
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Journal of the Institute of Actuaries Students' Society [JSS] (1971) 20(1): 51-53

The verification of technical reserves in non-life insurance

EXPOSITORY ARTICLE V THE VERIFICATION OF TECHNICAL RESERVES IN NON-LIFE INSURANCE by C. M. STEWART THE reader of this note will know well the method used in the U.K. for the verification of technical reserves (i.e. the net liability) in life assurance. ... read more >>

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Transactions of the Faculty of Actuaries [TFA] (1969-1971) 32: 87

Notes on the Journal of the Institute of Actuaries, vol. 95 part 1

87 NOTES ON THE JOURNAL OF THE INSTITUTE OF ACTUARIES VOL. 106, PART I, No. 431 (1979) P. E. Moody. Presidential Address (pp. 1-14). R. D. Clarke. Mortality of Impaired Lives (pp. 15-46). V. C. P. Drastik. On the Derivation of Approximate Actuarial ... read more >>

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Transactions of the Faculty of Actuaries [TFA] (1969-1971) 32: 457-459

Reid, Alexander Robert (Obituary)

457 OBITUARY ALEXANDER ROBERT REID M.A., F.F.A., F.I.A., F.S.S. 1903–1971 By the death on 20th April 1971 of Alexander Robert Reid the Faculty lost a distinguished Past-President and one of its most loyal members. Although he had been in impaired ... read more >>

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Transactions of the Faculty of Actuaries [TFA] (1969-1971) 32: 333-335

Maclean, Joseph Brotherton (Obituary)

333 OBITUARY JOSEPH BROTHERTON MACLEAN M.C., F.F.A., F.I.A., F.S.A. 1889—1970 J. B. Maclean, a distinguished son of the Faculty, died at Yar- mouth Port, Massachusetts on July 29, 1970 in his eighty-second year. Born in Glasgow and educated at ... read more >>

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Author:
Hamilton-Jones, J.
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Journal of the Institute of Actuaries Students' Society [JSS] (1971) 20(1): 54-55

Non-cancellable disability insurance

EXPOSITORY ARTICLE VI NON-CANCELLABLE DISABILITY INSURANCE by J. HAMILTON-JONES THERE are two methods of dealing with the actuarial features of sickness insurance—the collective method and the reversionary method. Unfortunately, perhaps the two methods ... read more >>

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Author:
Whittaker, G.
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Journal of the Institute of Actuaries Students' Society [JSS] (1971) 19(3): 169-180

A computer approach to ordinary life assurance policy valuation - a new look at concepts

A COMPUTER APPROACH TO ORDINARY LIFE ASSURANCE POLICY VALUATION—A NEW LOOK AT CONCEPTS by GRAHAM WHITTAKER 1. Introduction. This paper has been written as an 'Expository Article' and, as such, is not meant to be complete. Its main object is to describe ... read more >>

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Author:
Plymen, J
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Transactions of the Faculty of Actuaries [TFA] (1969-1971) 32: 418-429

Industrial classification of stock exchange securities

418 Industrial Classification of INDUSTRIAL CLASSIFICATION OF STOCK EXCHANGE SECURITIES by J. PLYMEN, F.I.A., F.S.S. When reviewing an investment portfolio the normal practice is to list the securities showing market values, dividends, earnings, ... read more >>

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Transactions of the Faculty of Actuaries [TFA] (1969-1971) 32: 87

Notes on the Journal of the Institute of Actuaries, vol. 95 part 1

87 NOTES ON THE JOURNAL OF THE INSTITUTE OF ACTUARIES VOL. 106, PART I, No. 431 (1979) P. E. Moody. Presidential Address (pp. 1-14). R. D. Clarke. Mortality of Impaired Lives (pp. 15-46). V. C. P. Drastik. On the Derivation of Approximate Actuarial ... read more >>

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Author:
Barnett, H. A. R.; Hayward, R. E.
Source:
Journal of the Institute of Actuaries Students' Society [JSS] (1971) 20(1): 1-8

The work of the Continuous Mortality Investigation Bureau

THE WORK OF THE CONTINUOUS MORTALITY INVESTIGATION BUREAU by H. A. R. BARNETT and R. E. HAYWARD (A paper discussed at a joint meeting of the Society and the Royal Statistical Society (General Applications Section) on 20 November 1970.) EARLY HISTORY IT ... read more >>

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Author:
Grimes, T.
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Journal of the Institute of Actuaries Students' Society [JSS] (1971) 19(3): 147-154

Claim frequency analysis in motor insurance

CLAIM FREQUENCY ANALYSIS IN MOTOR INSURANCE by T. GRIMES Introduction IT is a characteristic of motor insurance data that policies can be classified by many different factors, for example age of policyholder, No Claims Discount (N.C.D.), status, amount ... read more >>

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Author:
Stewart, H. M.; Brocksom, C. J.
Source:
Journal of the Institute of Actuaries Students' Society [JSS] (1971) 20(1): 31-50

The taxation of life assurance companies in the United Kingdom

THE TAXATION OF LIFE ASSURANCE COMPANIES IN THE UNITED KINGDOM by H. M. STEWART and C. J. BROCKSOM (A paper discussed by the Society on 4 December 1970) 1. INTRODUCTION WHEN we were asked to present a paper to the Students' Society we were asked to bear ... read more >>

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Author:
Trott, K. F.
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Journal of the Institute of Actuaries Students' Society [JSS] (1971) 20(1): 9-30

Friendly societies

FRIENDLY SOCIETIES by K. F. TROTT (A paper discussed by the Society on 5 February 1971) 1. INTRODUCTION 1.1. A LONGER title to this paper might be 'Reflections of a Con- sulting Actuary on his professional relationship with Friendly Societies'. The term ... read more >>

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Author:
Day, M. J.
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Journal of the Institute of Actuaries Students' Society [JSS] (1971) 19(3): 155-168

Recent changes in the tax treatment of occupational pension schemes

ALFRED WATSON MEMORIAL LECTURE PUBLIC AND PROFESSIONAL ATTITUDES TO RISK BY PROFESSOR SIR FREDERICK WARNER, F.R.S., F.Eng. [An edited version of the lecture delivered at the Institute on 26 October, 1987] IT is a privilege, M r President, to be ... read more >>

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Author:
Short, E
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Transactions of the Faculty of Actuaries [TFA] (1969-1971) 32: 243-246

Notes on the Financial Times-Actuaries Index [in 1969]

243 NOTES ON THE FINANCIAL TIMES— ACTUARIES INDEX by E. SHORT, M.SC. F.I.A. 1. Continuous review of constituents. (a) The number of mergers and takeovers of companies in 1969, the year under review, was considerably less than the record level of ... read more >>

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Transactions of the Faculty of Actuaries [TFA] (1969-1971) 32: 153-155

Notes on the Journal of the Institute of Actuaries, vol. 95 part 2

153 NOTES ON THE JOURNAL OF THE INSTITUTE OF ACTUARIES VOL, 95, PART II. No. 401 (1970) Forster, C. I. K. The Statistical Basis to National Fuel Policy, pp. 187-241. The Ministry of Power has been introducing more sophisti- cated methods of ... read more >>

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Transactions of the Faculty of Actuaries [TFA] (1969-1971) 32: 331-332

Notes on the Journal of the Institute of Actuaries, vol. 96 part 1

NOTES O N OTHER ACTUARIAL JOURNALS BY J . HAMILTON-JONES, M.A., F.I.A., AND F. W. ESCHRICH, F.I.A. GERMANY Blätter d e r Deutschen Gesellschaft f ü r Versicherung smathematik 14, 1979 TRÖBLIGER, A. Konstruktion einer normierten ... read more >>