Hostname: page-component-77c89778f8-m42fx Total loading time: 0 Render date: 2024-07-17T12:56:30.491Z Has data issue: false hasContentIssue false
  • English
  • Français

Underwriting—a dying art?

Published online by Cambridge University Press:  20 April 2012

T. S. Leigh
Get access Rights & Permissions [Opens in a new window]

Abstract

The paper reviews the underwriting of life assurance and sickness benefits today. It considers both medical and non-medical aspects and how the extra risks should be costed. The paper also deals with financial underwriting. reassurance and the management of death claims. Although the paper presents a ‘state of the art’ picture, it also considers advances via on-line acceptance, expert systems and computer-based training.

Keywords

Extra mortalityExtra risksImpaired livesUnderwriting
Type
Research Article
Information
Journal of the Institute of Actuaries , Volume 117 , Issue 3 , December 1990 , pp. 443 - 531
Copyright
Copyright © Institute and Faculty of Actuaries 1990

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

(1) Clarke, R. D. (1961). An Investigation into the Mortality of Impaired Lives. J.I.A. 87, 196.Google Scholar
(2) Clarke, R. D. (1979). Mortality of Impaired Lives. J.I.A. 106, 15.Google Scholar
(3) Steeds, A. J. (1965). Some Considerations Affecting the Selection of Risks. J.I.A. 91, 231.Google Scholar
(4) Perks, W. (1952). The Treatment of Sub-standard Lives in Practice. J.I.A. 78, 205.Google Scholar
(5) Institute of Actuaries Working Party on Aids (1987). Bulletin No. 1.Google Scholar
(6) Leigh, T. S. (1986). Underwriting Matters—Or Does It'? Planned Savings, January 1986.Google Scholar
(7) Institute of Actuaries Working Party on Aids (1987a). Bulletin No. 2.Google Scholar
(8) Brackenridge, R. D. C. (1985). Medical Selection of Life Risks. The Nature Press, Second Edition.Google Scholar
(9) Hewat, A. F. & Penn, C. S. (1954). Life Assurance Underwriting. T.F.A. 22, 211.Google Scholar
(10) Institute of Actuaries Working Party On Aids (1988). Supplement to Bulletin No. 2.Google Scholar
(11) Institute of Actuaries Working Party On Aids (1988a). Bulletin No. 3.Google Scholar
(12) Institute of Actuaries Working Party On Aids (1989). Bulletin No. 4.Google Scholar
(13) Luffrum, G. G. (1989). Life Assurance Monograph—Life Underwriting. Institute of Actuaries.Google Scholar
(14) Foster, G. T. (1945). Some Observations On Life Reassurance. J.I.A. 72, 355.Google Scholar