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Measuring and managing the economic risks and costs of with-profit business
MEASURING AND MANAGING THE ECONOMIC RISKS AND COSTS OF WITH-PROFITS BUSINESS By A.J. Hibbert and C.J. Turnbull [This paper was written following a presentation to a meeting of the Faculty of Actuaries on 17 February ... read more >>
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Measuring and managing the economic risks and costs of with-profits business
The approaches to liability valuation, assessment of prudential capital and measurement of profit for life offices are undergoing radical change. A common thread runs through all of these proposed changes - each change represents a move away from ... read more >>