Document library
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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 >>