Excerpt from Comparative Reserve Tables
Accordingly, utilizing certain assumptions as to mortality during the first five years, known to represent actual experience very conservatively on the whole, and taking the American Experience table as an approximate expression for ultimate mortality. Tables of values and margins were computed on the American Experience Select and Ultimate basis, with interest at 3 per cent. And 3% per cent. And were included in the second edition Of Various Derived Tables. Which was then about to be published.
In view of the high price of this book per copy), and the fact that the tables were not demanded for immediate use. This intro duction was not deemed sufficiently popular; and. Therefore, the same tables were comprised in a new volume, entitled Comparative Reserve Tables, which also contained reserve tables by the Modified Pre liminary Term method, the origin Of which is hereinafter narrated. Soon afterward, in the second edition Of Practical Lessons in Actuarial Science, the formula was fully described and the Ameri can Experience Select and Ultimate table and commutation columns corresponding to it were printed.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
"synopsis" may belong to another edition of this title.
Seller: Forgotten Books, London, United Kingdom
Paperback. Condition: New. Print on Demand. This book introduces the method known as select and ultimate in life insurance, offering insights into its development and application. Developed by the author to combine the advantages of preliminary term with the stability and low cost of traditional permanent life insurance, this method uses mortality rates to ensure equity to the policyholder. The book includes select and ultimate reserves, terminal reserves, mean reserves, and immediate life annuities, at both 3% and 3.5%. Also included are marginal terminal reserves for policies issued on the select and ultimate method and the traditional full preliminary term method. Actuaries, underwriters, insurance company executives, students, and anyone looking to understand this method of life insurance, will find this book an invaluable resource. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781332942121_0
Quantity: Over 20 available
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332942121
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332942121
Quantity: 15 available