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The Variations Under Altered Conditions in the Bonus Provided by a Given Scale of Premiums

Published online by Cambridge University Press:  18 August 2016

Wilfred Pollock
Wilfred Pollock
Affiliation:
National Provident Institution
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Extract

The theory underlying this paper is that an office proposing to pay bonuses on the compound reversionary bonus system has calculated appropriate premiums according to the rates of interest and mortality which it was then anticipated would represent future experience and that the scale of premiums has not since been altered.

Type
Research Article
Information
Journal of the Institute of Actuaries , Volume 62 , Issue 2 , 1931 , pp. 233 - 242
Copyright
Copyright © Institute and Faculty of Actuaries 1931

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