Pub Date : 1900-01-01DOI: 10.1017/S0071368600000070
J. Edgar
{"title":"Mr. Chatham's Paper – The Reassurance Question.","authors":"J. Edgar","doi":"10.1017/S0071368600000070","DOIUrl":"https://doi.org/10.1017/S0071368600000070","url":null,"abstract":"","PeriodicalId":121129,"journal":{"name":"Transactions of the Faculty of Actuaries","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127910235","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.1017/S0071368600000227
James P. Halley, C. Mackenzie
{"title":"Royal Charter of Incorporation","authors":"James P. Halley, C. Mackenzie","doi":"10.1017/S0071368600000227","DOIUrl":"https://doi.org/10.1017/S0071368600000227","url":null,"abstract":"","PeriodicalId":121129,"journal":{"name":"Transactions of the Faculty of Actuaries","volume":"69 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128801098","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.1017/S0071368600008673
J. Brumwell
{"title":"Notes on the Financial Times –Actuaries Equity Indices in 1980","authors":"J. Brumwell","doi":"10.1017/S0071368600008673","DOIUrl":"https://doi.org/10.1017/S0071368600008673","url":null,"abstract":"","PeriodicalId":121129,"journal":{"name":"Transactions of the Faculty of Actuaries","volume":"82 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123244347","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.1017/S0071368600004249
J. J. M'lauchlan
{"title":"On the Construction of Salary Scales for Use in the Valuation of Pension Funds, and the Valuation of Prospective Pensions Based on Accumulated Contributions","authors":"J. J. M'lauchlan","doi":"10.1017/S0071368600004249","DOIUrl":"https://doi.org/10.1017/S0071368600004249","url":null,"abstract":"","PeriodicalId":121129,"journal":{"name":"Transactions of the Faculty of Actuaries","volume":"91 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123257335","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.1017/S0071368600000847
John L. Wark
{"title":"The Question of Title During the Subsistence of a Policy.","authors":"John L. Wark","doi":"10.1017/S0071368600000847","DOIUrl":"https://doi.org/10.1017/S0071368600000847","url":null,"abstract":"","PeriodicalId":121129,"journal":{"name":"Transactions of the Faculty of Actuaries","volume":"20 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126553740","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.1017/S0071368600001427
A. C. Murray
{"title":"The Compilation of Price Index Numbers and Yield Statistics Relative to Stock Exchange Securities.","authors":"A. C. Murray","doi":"10.1017/S0071368600001427","DOIUrl":"https://doi.org/10.1017/S0071368600001427","url":null,"abstract":"","PeriodicalId":121129,"journal":{"name":"Transactions of the Faculty of Actuaries","volume":"134 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122581447","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.1017/S0071368600003062
A. W. Joseph, G. J. Lidstone
{"title":"The Determination of the Constants in Stoodley's Varying-Interest Curve.","authors":"A. W. Joseph, G. J. Lidstone","doi":"10.1017/S0071368600003062","DOIUrl":"https://doi.org/10.1017/S0071368600003062","url":null,"abstract":"","PeriodicalId":121129,"journal":{"name":"Transactions of the Faculty of Actuaries","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126410626","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.1017/s0071368600002858
{"title":"Examination Papers Set at The Faculty's Examinations Held in October 1925 and April 1926","authors":"","doi":"10.1017/s0071368600002858","DOIUrl":"https://doi.org/10.1017/s0071368600002858","url":null,"abstract":"","PeriodicalId":121129,"journal":{"name":"Transactions of the Faculty of Actuaries","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126410250","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.1017/S0071368600010090
P. D. Needleman, G. Westall
{"title":"Demutualisation of a United Kingdom Mutual Life Insurance Company.","authors":"P. D. Needleman, G. Westall","doi":"10.1017/S0071368600010090","DOIUrl":"https://doi.org/10.1017/S0071368600010090","url":null,"abstract":"","PeriodicalId":121129,"journal":{"name":"Transactions of the Faculty of Actuaries","volume":"48 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114094569","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 1900-01-01DOI: 10.1017/S0071368600001956
C. L. Stoodley
The paper first discusses in a general way the methods hitherto devised for giving effect in actuarial calculations to a falling rate of interest, which methods it is suggested are cumbersome and inelastic and so of little practical value. A method is put forward which it is claimed facilitates the study of the many important and interesting problems involved in the assumption of a declining rate of interest. Where i t is the rate of interest in the t th year, the assumption is made that where a , c and k are constants to be determined. By making certain substitutions the following equation for the value of it is derived :– It is demonstrated that under certain conditions this equation produces a decreasing series, and that by giving the constants suitable values a wide range of interest curves of the same general character may be obtained. The formula is developed in combination with actuarial functions, and it is shown that where f ′( x ) represents the value of a function at a decreasing rate of interest determined by the above formula where is calculated at rate k and at rate l . The method is applied to the evaluation of annuities, reversions and other actuarial functions under four sets of interest conditions and the results are analysed and compared with values on a 4 per cent. basis. The cognate question of an increasing rate is also touched upon.
本文首先以一般的方式讨论了迄今为止为使利率下降在精算计算中起作用而设计的方法,认为这些方法繁琐而缺乏弹性,因此没有什么实用价值。提出了一种方法,据称该方法有助于研究利率下降假设所涉及的许多重要而有趣的问题。这里t是第t年的利率,假设a c k是待确定的常数。——证明了在一定条件下,该方程产生一个递减级数,并且通过给常数适当的值,可以得到具有相同一般特征的大范围的兴趣曲线。该公式与精算函数结合开发,其中f ' (x)表示由上述公式确定的函数在利率递减时的值,其中以利率k和利率l计算。该方法适用于在四套利息条件下评估年金、回归和其他精算功能,并以4%为基准对结果进行分析和比较。与增长率有关的问题也被提及。
{"title":"The Effect of a Falling Rate of Interest on the Values of Certain Actuarial Functions.","authors":"C. L. Stoodley","doi":"10.1017/S0071368600001956","DOIUrl":"https://doi.org/10.1017/S0071368600001956","url":null,"abstract":"The paper first discusses in a general way the methods hitherto devised for giving effect in actuarial calculations to a falling rate of interest, which methods it is suggested are cumbersome and inelastic and so of little practical value. A method is put forward which it is claimed facilitates the study of the many important and interesting problems involved in the assumption of a declining rate of interest. Where i t is the rate of interest in the t th year, the assumption is made that where a , c and k are constants to be determined. By making certain substitutions the following equation for the value of it is derived :– It is demonstrated that under certain conditions this equation produces a decreasing series, and that by giving the constants suitable values a wide range of interest curves of the same general character may be obtained. The formula is developed in combination with actuarial functions, and it is shown that where f ′( x ) represents the value of a function at a decreasing rate of interest determined by the above formula where is calculated at rate k and at rate l . The method is applied to the evaluation of annuities, reversions and other actuarial functions under four sets of interest conditions and the results are analysed and compared with values on a 4 per cent. basis. The cognate question of an increasing rate is also touched upon.","PeriodicalId":121129,"journal":{"name":"Transactions of the Faculty of Actuaries","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"1900-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123867016","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}