Life Contingencies

by
Edition: Revised
Format: Paperback
Pub. Date: 2011-06-09
Publisher(s): Cambridge Univ Pr
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Summary

Published in 1932, this is the third edition of an original 1922 volume. The 1922 volume was, in turn, created as the replacement for the Institute of Actuaries Textbook, Part Three, which was the foremost source of knowledge on the subject of life contingencies for over 35 years. Assuming a high level of mathematical knowledge on the part of the reader, it was aimed chiefly at actuarial students and those with a professional interest in the relationship between statistics and mortality. Highly organised and containing numerous mathematical formulae, this book will remain of value to anyone with an interest in risk calculation and the development of the insurance industry.

Table of Contents

The mortality table - mortality tables constructed from population statistics
Mortality tables constructed from life assurance statistics - select life tables
Single-life annuities and assurances. Annual premiums
Relation between assurances and annuities. Premium conversion tables
Varying single-life annuities and assurances. Office premiums and special classes of assurances
Values of single-life policies subject to annual premiums
Single-life annuities and premiums payable more frequently than once a year. Values of single-life policies subject to premiums payable more frequently than once a year
Single-life assurances payable at any other moment than at the end of the year of death
Complete single-life annuities
Life office valuations
Mathematical representation of the law of mortality: Compertz's and Makeham's laws
Statistical applications of the mortality table
Joint-life and survivorship probabilities
Contingent probabilities
Joint-life annuities. Annuities payable until the death of the last survivor of two or more lives
Joint-life and last-survivor assurances. Complete joint-life and last-survivor annuities
Contingent assurances
Reversionary annuities
Compound survivorship annuities and assurances
Constructions of tables
Tables involving two or more causes of decrement
Tables
Table of Contents provided by Publisher. All Rights Reserved.

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