Publisher's Synopsis
Excerpt from Valuation of Liabilites and Distribution of Surplus: Notes, Papers and Discussion Arranged by the Institute of Actuaries Students' Society
It is also worth while to work out from these tables and the Board of Trade returns the effect on the reserves and surplus of different offices of (a) a large increase in new business and consequent increase in expenses; or, (b) a change in the rate Of interest earned; or (c) a change in the rates of premium charged; or (d) a loss on investments.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
