Document library
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Report and accounts, 1977-1978
THE INSTITUTE OF ACTUARIES STUDENTS' SOCIETY STAPLE INN HALL, HIGH HOLBORN, LONDON, WC1V 7QJ Report of the Committee to be presented at the Annual General Meeting on 20 October 1978 THE Committee submits its report on the work of the Society during the ... read more >>
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Correspondence
CORRESPONDENCE The F.T.–Actuaries Fixed Interest Indices (J.I.A. 105, 24) In § 7.4 the authors list three uses for price indices, the last of which is to act as a link for the purpose of determining policy benefits. Paragraph 12 of the schedule to ... read more >>
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Tropical cyclones
In the case of several natural phenomena the problem of the frequency and distribution of claims arising therefrom is particularly difficult because the frequency at any one place is often very low but the potential damage can be very high. Thus any ... read more >>
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Notes on the Financial Times-Actuaries British Government Securities Indices in 1977
232 NOTES ON THE FINANCIAL TIMES- ACTUARIES BRITISH GOVERNMENT SECURITIES INDICES IN 1977 by A. D. WILKIE, M.A., F.F.A., F.I.A. 1. Introduction 1.1. The paper “The F.T.-Actuaries Fixed Interest Indices” by G. M. Dobbie and A. D. Wilkie (J.I.A., ... read more >>
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Notes on the Financial Times-Actuaries British Government Securities Indices in 1976
214 NOTES ON THE FINANCIAL TIMES- ACTUARIES BRITISH GOVERNMENT SECURITIES INDICES IN 1976 by A. D. WILKIE, M.A., F.F.A., F.I.A. 1. Yield Indices : Constituents 1.1. Appendix A shows the stocks used to construct the yield indices for three coupon ... read more >>
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Notes on the Financial Times-Actuaries Index in 1978
NOTES ON THE: FINANCIAL TIMES–ACTUARIES EQUITY INDICES IN 1978 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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Notes on the Financial Times-Actuaries Index in 1978
65 FINANCE ACT, 1958, SECTION 28 PURCHASE OF INTERESTS IN EXPECTANCY BY W. P. GOODCHILD, F.I.A. AND G. V. BAYLEY, F.I.A., F.S.S. The purpose of section 28 T H E main purpose of the section is to preserve a presumptive liability for estate duty on ... read more >>
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Notes on the Financial Times-Actuaries British Government Securities Indices in 1978
325 NOTES ON THE FINANCIAL TIMES- ACTUARIES BRITISH GOVERNMENT SECURITIES INDICES IN 1978 by A. D. WILKIE, M.A., F.F.A., F.I.A. 1. Introduction 1.1. In the previous note “ F. T.-Actuaries British Government Securities Indices 1977 ” (J. I. A., ... read more >>
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US GAAP - a UK actuary's perspective
U.S. GAAP—A U.K. ACTUARY'S PERSPECTIVE by S. CREEDON (A paper discussed by the Society on 19 December 1978) 1. INTRODUCTION Principle, n. A thing which too many people confound with interest.' AMBROSE BIERCE (Devil's Dictionary) 1.1 UNLIKE his U.K. ... read more >>
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Review notes
ARTICLES, PAPERS AND PUBLICATIONS OF ACTUARIAL INTEREST BY E. J. W. DYSON, M.A., F.I.A., M. D. MAY, M.A., F.I.A. AND D. F. RENN, Ph.D., F.I.A. BIOMETRIKA 64, 3 SEAL, H. L. Multiple decrements or competing risks Reviews the history of the actuarial ... read more >>
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Long-term rates of interest in the valuation of a pension fund (updating appendices)
LONG-TERM RATES OF INTEREST IN THE VALUATION OF A PENSION FUND by C. D. DAYKIN Updating Appendices THE following tables correspond to various appendices in J.S.S. Volume 21, pages 314 to 340, taking into account information avail- able up to June 1979. ... read more >>
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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 105 and dealt with mortality in 1976. 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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The South African life assurance market
JULY 1886.] 1 JOURNAL OF THE INSTITUTE OF ACTUARIES. History of Life Assurance in the United Kingdom. By CORNELIUS WALFORD, F.I.A. (Continued from Vol. xxv, p. 437.) 3.—PERIOD OF SCIENTIFIC EXACTITUDE—(continued). A CASE arose about this time—the middle ... read more >>
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Motor outstanding claims
MOTOR OUTSTANDING CLAIMS by M. C. BENNETT AND J. M. TAYLOR (A paper discussed by Manchester Actuarial Society on 15 February 1978 and by the Students' Society on 21 November 1978) FOREWORD A REPORT with the above title, which forms Section B of ... read more >>
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The Canadian life assurance market
THE CANADIAN LIFE ASSURANCE MARKET by M. ROSENFELDER and R. M. ROBERTS (A paper discussed by the Society on 3 April 1979) 1. INTRODUCTION THE authors have endeavoured to highlight those aspects which, because of the way they contrast with British ... read more >>
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Report and accounts, 1978-1979
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 12 October 1979 THE Committee submits its Report on the work of the Society during the ... read more >>
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The role of the life reassurer
THE ROLE OF THE LIFE REASSURER by C. CLARK (A paper discussed by the Society on 31 October, 1978) 1. INTRODUCTION THE complete role of the life reassurer in the U.K. is not well known. Many will be aware of the involvement of the reassurer in ... read more >>
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Notes on other actuarial journals
73 CONTINUOUS INVESTIGATION INTO THE MORTALITY OF ANNUITANTS REPORT ON THE EXPERIENCE FOR THE PERIOD 1951-54 A COMPARISON has been made between the actual deaths under immediate annuities and the expected deaths based on the generation table ... read more >>
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The first year of contracting-out
THE FIRST YEAR OF CONTRACTING-OUT by D. G. JOHNSON (A paper discussed by the Society on 20th March, 1979) INTRODUCTION 1. THE new Earnings-Related State Pension Scheme was intro- duced, under the terms of the Social Security Pensions Act, 1975, on 6th ... read more >>
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The South African life assurance market
JULY 1886.] 1 JOURNAL OF THE INSTITUTE OF ACTUARIES. History of Life Assurance in the United Kingdom. By CORNELIUS WALFORD, F.I.A. (Continued from Vol. xxv, p. 437.) 3.—PERIOD OF SCIENTIFIC EXACTITUDE—(continued). A CASE arose about this time—the middle ... read more >>