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Notes on the treatment of extra risk

Published online by Cambridge University Press:  18 August 2016

W. Palin Elderton
W. Palin Elderton
Affiliation:
Equitable Life Assurance Society
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Extract

The arithmetical method adopted in these notes is to assume that the level premium to cover a certain under-average life is known; to work out some of the different rates of mortality that might lead to it and then see what consequences follow. The numerical work, in connection with which I have to thank Mr. Sidney J. Perry, F.I.A., for help, will be confined to an unloaded level premium on a 4 per-cent basis of ·01914 for a life entering at age 30. This premium might result from the rates of mortality set out in Table I.

Type
Research Article
Information
Journal of the Institute of Actuaries , Volume 54 , Issue 1 , March 1923 , pp. 24 - 42
Copyright
Copyright © Institute and Faculty of Actuaries 1923

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References

page 24 note * A note of certain papers published in J.I. A., dealing with the treatment of extra risk is appended.