Valuation and Surplus

Originally published in 1932, this book aims to bridge the gap between the mathematics of life contingencies and the practical problems of Life Office Valuations.

R. K. Lochhead (Author)

9781316509715, Cambridge University Press

Paperback / softback, published 4 February 2016

114 pages
21.5 x 14 x 0.7 cm, 0.2 kg

Originally published in 1932, as part of the Institute of Actuaries Students' Society's Consolidation of Reading Series, this book was written to provide actuarial students with a guide 'to bridging the gap between the strict mathematics of life contingencies and the severely practical problems of Life Office Valuations'. This book will be of value to anyone with an interest in the actuarial profession and the history of finance.

Introduction
Editor's preface
Author's preface
Part I: 1. Valuation principles
2. Valuation machinery
3. Industrial assurance valuations
4. Approximate methods of valuation
5. Miscellaneous valuation problems
Part II: 6. Origin and nature of surplus
7. Methods of distribution of surplus
8. Analysis of surplus, and miscellaneous problems
Summary of references.

Subject Areas: Economic statistics [KCHS]