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- Author:
- Purchase, D E; Fine, A E M; Headdon, C P; Hewitson, T W; Johnson, C M; Lumsden, I C; Maple, M H; O'Keeffe, P J L; Pook, P J; Robinson, D G
- Source:
- Journal of the Institute of Actuaries [JIA] (1989) 116: 347-452
Reflections on resilience - some considerations of mismatching tests, with particular reference to non-linked long-term insurance business
This paper considers the valuation for solvency purposes of traditional long-term insurance business. It concentrates on without-profits business, and discusses the reserves that are required to protect against the contingency of sudden adverse changes in ... read more >>