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On the Valuation of the Liabilities of An Insurance Company Under its Employers' Liability Contracts

Published online by Cambridge University Press:  18 August 2016

William Penman Jr
Affiliation:
Atlas Assurance Company Limited

Extract

IN the preparation of this paper I met at the outset with certain difficulties.

The practice of Employers’ Liability Insurance is unfamiliar to many members of this Institute, the subject has not previously been dealt with at one of our sessional meetings, and the pages of the Journal contain very little matter bearing thereon, I fear, therefore, that if the subject is confined within the strict limits suggested by the title, the prospect of a full discussion will be jeopardized. As probably the opportunity of a discussion is the best justification for a paper on the Valuation of Employers’ Liability Contracts at the present time, I hope that the inclusion of a certain amount of introductory matter, with a view to facilitating the study of the paper, will be excused.

Type
Research Article
Copyright
Copyright © Institute and Faculty of Actuaries 1911

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References

page 148 note * Mr. Penman has sent us some further remarks in reply on the Discussion, which are here inserted at his request.