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GN1: Actuaries and long-term insurance business. Version 1.3 [1983-1984]

This life insurance 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 ... read more >>

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GN7: The relationship between the appointed actuary and the auditor of a company transacting long-term insurance business. Version 1.1 [1983-1984]

This life insurance 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 ... read more >>

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The Statutory Duties of the Actuary. Version 8.0

Faculty and Institute of Actuaries Statutory Duties SD V8.0 ([1983-1984]) THE STATUTORY DUTIES OF THE ACTUARY The following is a list of the main functions entrusted to the actuarial profession by public Acts of Parliament of Great Britain. In addition, ... read more >>

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Author:
Rodger Scadden
Source:
Journal of the Institute of Actuaries [JIA] (1983) 110: 394-394

Tablas de mortalidad de la poblacia Española (Book review)

REVIEW Tablas de Mortalidad de la Poblacion Española [Instituto de Actuarios Espanoles] These mortality tables have been published in two volumes. The first contains basic mortality functions and commutation columns at 4%,5% and 6%. It also includes ... read more >>

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Author:
Peter Wright
Source:
Journal of the Institute of Actuaries [JIA] (1984) 111: 437-440

The British insurance industry - a statistical review. 1983/84 edition, by Robert L Carter and A H Godden (Book review)

OCCASIONAL ACTUARIAL RESEARCH DISCUSSION PAPERS DEPOSITED IN THE INSTITUTE OF ACTUARIES LIBRARY NO. Year Author 1 1974 P. W. Bayley 2 1975 G. C. Taylor 3 1975 G. C. Taylor 4 1976 M. C. Bennett 5 1976 M. R. Sanders 6 1976 A. S. Puzey 7 8 9 10 ... read more >>

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Journal of the Institute of Actuaries [JIA] (1984) 111: 434-434

Papers presented to the Students' Society and to provincial actuarial societies

PAPERS PRESENTED TO THE STUDENTS’ SOCIETY AND TO PROVINCIAL ACTUARIAL SOCIETIES, 1983–84 HOWE, R. W. A. and DOUGLAS, R. W. Birmingham Actuarial Society The Changing Role of Life Reinsurance (1/84). Glasgow Actuarial Students’ Society SMITH, T. ... read more >>

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Author:
Renn, D F; Stewart, C M
Source:
Journal of the Institute of Actuaries [JIA] (1982) 109: 113-115

Actuarial reports of pension fund valuations

ACTUARIAL REPORTS ON PENSION FUND VALUATIONS BY D. F. RENN, PH.D., F.I.A., F.S.S. AND C. M. STEWART, F.I.A., F.S.S. 1. IN carrying out his sixth survey of occupational pension schemes* the Government Actuary asked employers with schemes having more ... read more >>

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Journal of the Institute of Actuaries [JIA] (1982) 109: 461

Papers presented to the Institute of Actuaries Students' Society and to provincial actuarial societies, 1981-82

PAPERS PRESENTED TO THE INSTITUTE OF ACTUARIES STUDENTS’ SOCIETY AND TO PROVINCIAL ACTUARIAL SOCIETIES, 1981–2 WALES, R. F. PARRY, T. W. BAKEK, S. R. CRAIGHEAD, D. H. ARNOLD, M. FROST, A. J. SHORT, E. PICKFORD, M. A. TAYLOR, N. H. LOCKYER, J. ... read more >>

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Author:
Spain, J G
Source:
Journal of the Institute of Actuaries [JIA] (1982) 109: 453-457

The "best fit" to the truncated Poisson distribution

453 REVIEWS Elementaire Levensverzekeringswiskunde. By M. VAN HAAFTEW. [2 vols. Pp. xviii + 428. Noordhoff, Groningen, 1943, 1947. Fl.14.25.] SINCE Abraham de Moivre wrote his Annuities upon Lives in 1724 there have been some seventy-five books ... read more >>

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Author:
Brumwell, J C H
Source:
Journal of the Institute of Actuaries [JIA] (1982) 109: 127-131

Notes on the Financial Times-Actuaries Equity Share Indices in 1981

NOTES ON THE FINANCIAL TIMES—ACTUARIES EQUITY SHARE INDICES IN 1981 BY J. C. H. BRUMWELL, M.A., F.I.A. 1. Classification of Stock Exchange Securities by Industry The original classifications were set out in the 1970 note in this series (J.I.A. 97, ... read more >>

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Author:
Daw, R H
Source:
Journal of the Institute of Actuaries [JIA] (1982) 109: 117-125

The improving accuracy of the basic data and the exposed-to-risk of the English life tables

The English Life Tables Nos. 8 to 13 are based on the population figures by age obtained at the successive censuses of England and Wales from 1911 to 1971 and the deaths recorded in the three calendar years centred on the census year. Over this 60-year ... read more >>

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Author:
Grimes, T.
Source:
Journal of the Institute of Actuaries Students' Society [JSS] (1982) 25: 177-195

Modern stockbroking

MODERN STOCKBROKING by T. GRIMES (A paper presented to the Manchester Actuarial Society on 18 February 1981) INTRODUCTION 0.1 MOST professional people have some idea of the job done by the Stock Exchange, but probably only those actually involved in ... read more >>

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Author:
Cox, P R
Source:
Journal of the Institute of Actuaries [JIA] (1982) 109: 317-318

Maddex, Sir George Henry (Memoir)

MEMOIR SIR GEORGE HENRY MADDEX Born in 1895, Maddex was educated at Owen’s School, which has produced some notable actuaries. In 1913 he obtained a high place in an examination for junior appointments in the Civil Service, under a scheme designed to ... read more >>

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Author:
Pollard, J H
Source:
Journal of the Institute of Actuaries [JIA] (1982) 109: 225-240

The expectation of life and its relationship to mortality

The complete expectation of life at birth e(0) is frequently used as a measure of the level of mortality of a population. It is also used for assessing trends in mortality and trends in mortality differentials. Although the relationship between mortality ... read more >>

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Journal of the Institute of Actuaries [JIA] (1982) 109: 133

Notes on the Transactions of the Faculty of Actuaries

NOTES ON THE TRANSACTIONS OF THE FACULTY OF ACTUARIES 37,3(No.259)1981 In addition to a report of the discussion at the Faculty on the Maturity Guarantees Working Party Report (JIA, 107, 103) this Part includes the following article: WALLACE, J. G. ... read more >>

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Author:
Lawrey, R. A. C.
Source:
Journal of the Institute of Actuaries Students' Society [JSS] (1982) 25: 113-176

The active role of the pension scheme trustee

THE ACTIVE ROLE OF THE PENSION SCHEME TRUSTEE by R. A. C. LAWREY (A paper presented to the Society on 3 March 1981) 1. BACKGROUND 1.1 Benefits Linked to Final Pay MOST pension schemes, today, provide benefits linked to a member's final pay, partly as a ... read more >>

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Author:
Steeds, A J
Source:
Journal of the Institute of Actuaries [JIA] (1982) 109: 467-468

Hamilton-Jones, Joseph (Memoir)

MEMOIR JOSEPH HAMILTON-JONES WITH the death of Jo Hamilton-Jones on 17 July 1982, the actuarial profession has lost one of its more remarkable characters and the Institute of Actuaries one of its most devoted servants. Jo was born in 1918 in Chile, ... read more >>

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Author:
Daw, R H
Source:
Journal of the Institute of Actuaries [JIA] (1982) 109: 459-460

Addendum to "The improving accuracy of the basic data and the exposed-to-risk of the English life tables" (JIA 109, 117)

In the above note I suggested that the improved accuracy of ELT no.13 as compared with ELT no.12 was largely because ELT no.13 was based on census and death registrations at which the date of birth had been asked for instead of age. Since writing that ... read more >>

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Author:
Daykin, C D
Source:
Journal of the Institute of Actuaries [JIA] (1982) 109: 447-452

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 108 and dealt with mortality in 1979. 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:
Collins, T P
Source:
Journal of the Institute of Actuaries [JIA] (1982) 109: 241-284

An exploration of the immunization approach to provision for unit-linked policies with guarantees

This paper explores the possibility that a company which sells unit-linked policies with death and maturity benefit guarantees may follow an investment strategy which reduces the risks associated with them. AN EXPLORATION OF THE IMMUNIZATION APPROACH TO ... read more >>