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On the Distribution of Life Office Profits

Published online by Cambridge University Press:  18 August 2016

C. R. V. Coutts  and
C. D. Rich
C. R. V. Coutts
Affiliation:
Provident Mutual Life Assurance Association
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Extract

In this essay an attempt has been made

1. To examine the principles on which the profits of a life office should be equitably distributed,

(a) As between existing policyholders and new entrants.

(b) As between the various categories of existing policyholders.

2. To consider the application of these principles generally and to illustrate by numerical examples the effect of changes in the main factors which govern profit-earning power.

Type
Research Article
Information
Journal of the Institute of Actuaries , Volume 57 , Issue 2 , July 1926 , pp. 159 - 191
Copyright
Copyright © Institute and Faculty of Actuaries 1926

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