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GN3: Certificates for Occupational Pensions Board. Version 1.1 [1982-1983]

This pensions 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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GN5: Actuaries advising insurers in countries overseas. Version 1.1 [1982-1983]

This life insurance Guidance Note has been retained by the Actuarial Profession. Faculty and Institute of Actuaries Guidance Note GN5v1.1(?) [1982-83] ACTUARIES ADVISING INSURERS IN COUNTRIES OVERSEAS [This guide was first issued as a circular to members ... read more >>

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Journal of the Institute of Actuaries [JIA] (1984) 111: 211-211

Notes on the Transactions of the Faculty of Actuaries (1984)

NOTES ON THE TRANSACTIONS OF THE FACULTY OF ACTUARIES 38, 3 (No 264) 1982 McCUTCHEON, J. J. Graduation of the Experience of Female Assured Lives 1975-78. (Preliminary Report on behalf of the C.M.I. Committee). Continuous Mortality Investigation ... read more >>

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Author:
McCutcheon, J J
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Transactions of the Faculty of Actuaries [TFA] (1979-1981) 37: 63-69

Woolhouse's formula in relation to piecewise polynomial functions

63 WOOLHOUSE’S FORMULA IN RELATION TO PIECEWISE POLYNOMIAL FUNCTIONS by J. J. McCUTCHEON, M.A., Ph.D., F.F.A. 1. INTRODUCTION Generations of actuarial students have been confronted at an early stage of their careers with Woolhouse’s formula, ... read more >>

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Author:
Wilkie, A D
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Transactions of the Faculty of Actuaries [TFA] (1979-1981) 37: 77-85

Notes on the Financial Times-Actuaries British Government Securities Indices in 1979

77 NOTES ON THE FINANCIAL TIMES– ACTUARIES BRITISH GOVERNMENT SECURITIES INDICES IN 1979 by A. D. WILKIE, M.A., F.F.A., F.I.A. 1. Introduction 1.1 This note continues the series started in 1976, of which the last previous was “F.T.–Actuaries ... read more >>

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Journal of the Institute of Actuaries [JIA] (1981) 108: 99-104

Notes on other actuarial journals

NOTES ON OTHER ACTUARIAL JOURNALS BY S. M. COUTTS, M.Sc., F.I.A., F. W. ESCHRICH, F.I.A., AND D. F. RENN, Ph.D., F.I.A. FRANCE Bulletin Trimestriel de l’Institut des Actuaires Français 311 (June 1980) This bulletin contains a paper on the impact of ... read more >>

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Transactions of the Faculty of Actuaries [TFA] (1979-1981) 37: 337-338

Notes on the Journal of the Institute of Actuaries, vol. 107

337 NOTES ON THE JOURNAL OF THE INSTITUTE OF ACTUARIES VOL. 107, PART I, No. 434 (1980) Sir Kenneth Berrill. Alfred Watson Memorial Lecture—The Social Implications of Advancing Technology (pp. 1-9). P. G. Moore. Are Objectivism and Subjectivism ... read more >>

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Author:
Wilkie, A D; Paterson, J E
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Transactions of the Faculty of Actuaries [TFA] (1979-1981) 37: 327-335

Notes on the Financial Times-Actuaries British Government Securities Indices in 1980

327 NOTES ON THE FINANCIAL TIMES– ACTUARIES BRITISH GOVERNMENT SECURITIES INDICES IN 1980 by A. D. WILKIE, M.A., F.F.A., F.I.A. and J. E. PATERSON, B.Sc., F.F.A. 1.1 This note continues the series started in 1976, of which the last previous was ... read more >>

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Author:
Webb, J H
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Journal of the Institute of Actuaries [JIA] (1981) 108: 449-450

Lochead, Robert Knight (Memoir)

MEMOIR ROBERT KNIGHT LOCHHEAD Bob Lochhead in his mid-eighties was outstandingly well informed and vigorous in expression; his vitality and continuing interest in the profession made him a bridge to a previous generation of actuaries. He loved ... read more >>

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Author:
Burrough, S M; Hey, G B
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Journal of the Institute of Actuaries [JIA] (1981) 108: 265-280

Table making and interpolation

The examination syllabus no longer contains any reference to finite differences, interpolation (either direct or inverse) or the construction and checking of mathematical tables. Even when some of these subjects were included they were handled by methods ... read more >>

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Author:
Seal, H L
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Journal of the Institute of Actuaries [JIA] (1981) 108: 117-118

Correspondence

EXPOSITORY ARTICLE II CREDIBILITY THEORY by G. J. M. SHAW ACTUARIES often need to construct a mathematical model, repre- senting the expected future experience of a group of risks, where the data available from the group are not large enough to provide ... read more >>

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Journal of the Institute of Actuaries [JIA] (1981) 108: 291-292

Notes on other actuarial journals

NOTES ON OTHER ACTUARIAL JOURNALS BY J. HAMILTON-JONES, M.A., F.I.A., F. W. ESCHRICH, F.I.A., T. GRIMES, B.Sc., F.I.A., AND F. E. GUASCHI, F.I.A. GERMANY Blätter der Deutschen Gesellschqft für Versicherungsmathematik, 12, 1975 RICHTER, H. Die ... read more >>

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Author:
Lewin, C G
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Journal of the Institute of Actuaries [JIA] (1981) 108: 423-442

Compound interest in the seventeenth century

Richard Witt’s Arithmeticall Questions, published in 1613, was a landmark in the history of compound interest. In a previous paper (JIA, 96) I have described the book and attempted to show why it is so important. This article sets out some ... read more >>

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Author:
Worger, H O
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Journal of the Institute of Actuaries [JIA] (1981) 108: 285-289

Determination of internal rate of return in respect of an arbitrary cash flow

Another solution to the problem discussed by Mr G C Taylor (JIA, 107) JOHN KNOX’S PLAN FOR INSURING LIVES: A PATENT OF INVENTION IN 1778 BY D. f. RENN, F.J.A. STAPLE INN and the Patent Office are only separated by the width of a garden, and it might ... read more >>

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Transactions of the Faculty of Actuaries [TFA] (1979-1981) 37: 336

Corrigendum, TFA 36, 203

336 CORRIGENDUM R. C. Gilder has pointed out an error in the paper by G. M. Dobbie and myself. “ The F. T.–Actuaries Fixed Interest Indices “, J. I. A. 105, 15 and T.F.A. 36, 203. In paragraph 6.5 the formula explaining how “ sliders ” are dealt ... read more >>

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Journal of the Institute of Actuaries [JIA] (1981) 108: 443-445

Notes on other actuarial journals

NOTES ON OTHER ACTUARIAL JOURNALS FRANCE Bulletin Trimestriel de l’Institut des Actuaires Français 312 (September 1980) This bulletin contains an article on building insurance and a study of the correlation between consumption of tobacco and various ... read more >>

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Author:
Daykin, C D
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Journal of the Institute of Actuaries [JIA] (1981) 108: 413-422

The recent trend of mortality in Great Britain

This note continues an annual series on mortality rates in Great Britain; the previous note in the series appeared in JIA 107 and dealt with mortality in 1978. THE RECENT TREND OF MORTALITY IN GREAT BRITAIN BY C. D. DAYKIN, M.A., F.I.A., F.S.S. THIS ... read more >>

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Author:
Durbin, P L
Source:
Journal of the Institute of Actuaries [JIA] (1981) 108: 75-84

Iterative solution of the interest rate in a financial transaction: the hyperbolic method

This note describes an iterative method for determining the root of an equation, based on the assumption that the curve representing the equation is a rectangular hyperbola near the root. The method was derived for use in calculating the interest rate ... read more >>

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Journal of the Institute of Actuaries [JIA] (1981) 108: 229-263

Report of the Institute of Actuaries and Faculty of Actuaries Joint Working Party on the valuation of group business

The working party was established in April 1978 with the following terms of reference. To consider appropriate methods of valuation for the classes of group business set out below having regard, inter alia, to the proposed rules for valuing long-term ... read more >>

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Journal of the Institute of Actuaries [JIA] (1981) 108: 97

Notes on the Transactions of the Faculty of Actuaries

97 NOTES ON THE TRANSACTIONS OF THE FACULTY OF ACTUARIES VOL. xx, PART 3 (No. 176), 19.52 Mortality of Life Ofice Annuitants, pp. 263-354. The Report of the Joint Mortality Committee, and a report of the discussion atthe Faculty with an abstract of ... read more >>