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On the terms upon which the business of one insurance company may be equitably transferred to another

Published online by Cambridge University Press:  18 August 2016

T. B. Sprague
T. B. Sprague
Affiliation:
St. John's College, Cambridge
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Extract

In treating of the above subject, it cannot be expected that any new principles will be put forward, or that any great amount of novelty will be found in the method of handling the question. All that I have aimed at is, to apply acknowledged principles to the discussion of a question of considerable practical interest at all times, and more peculiarly so at the present time.

Type
Research Article
Information
Journal of the Institute of Actuaries , Volume 7 , Issue 6 , July 1858 , pp. 301 - 310
Copyright
Copyright © Institute and Faculty of Actuaries 1857

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References

page 303 note * In a mathematical note appended to this paper, I have given a general expression for the value of a policy, when the probability of the policy being dropped is taken into account.