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Surplus: Two Hundred Years of Actuarial Advance

Published online by Cambridge University Press:  18 August 2016

Extract

On the occasion of the bicentenary of the foundation of scientific life assurance, it was thought fitting that a work should be prepared in which the development of some aspect of the subject might be discussed. The authors undertook some research on the origins and disposal of surplus and the results are set out in a book entitled Surplus in British Life Assurance—Actuarial Control over its Emergence and Distribution during 200 Years. The following pages convey some of the impressions formed in the course of its preparation. Much of the later part of the paper consists, in fact, of extracts from the text of the book. The introductory sections present a short outline of the book as a whole.

Type
Research Article
Copyright
Copyright © Institute and Faculty of Actuaries 1963

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References

The full names of the authors quoted, and the titles and dates of their papers, are given in the book, Surplus in British Life Assurance, to which reference is made at the beginning of the paper.Google Scholar