An Elementary Lecture on the Theory of Life Assurance: Delivered at a Meeting of the Birmingham Insurance Institute, 11th January, 1889 (Classic Reprint) - Softcover
Synopsis
This book delves into the fascinating world of life assurance, a subject that has captivated thinkers and practitioners for centuries. Written for those seeking a deeper understanding of this essential financial practice, the author guides readers through the complex interplay of probability, interest, and mortality. The book's exploration of life assurance begins with a foundation in compound interest and the principles of probability, before weaving these elements together to reveal the intricate workings of this financial system. Readers will discover how actuarial tables are constructed and utilized, gleaning valuable insights into the statistical foundations upon which life insurance rests. The author further examines the contrasting approaches to valuation, comparing the method of valuing actual office premiums with the method of valuing theoretical pure premiums. The book ultimately sheds light on the crucial role that actuaries play in safeguarding the financial stability and ethical conduct of insurance institutions, offering a valuable glimpse into the core concepts that govern the world of life assurance.
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An Elementary Lecture on the Theory of Life Assurance (Classic Reprint)
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Paperback. Condition: New. Print on Demand. This book delves into the fascinating world of life assurance, a subject that has captivated thinkers and practitioners for centuries. Written for those seeking a deeper understanding of this essential financial practice, the author guides readers through the complex interplay of probability, interest, and mortality. The book's exploration of life assurance begins with a foundation in compound interest and the principles of probability, before weaving these elements together to reveal the intricate workings of this financial system. Readers will discover how actuarial tables are constructed and utilized, gleaning valuable insights into the statistical foundations upon which life insurance rests. The author further examines the contrasting approaches to valuation, comparing the method of valuing actual office premiums with the method of valuing theoretical pure premiums. The book ultimately sheds light on the crucial role that actuaries play in safeguarding the financial stability and ethical conduct of insurance institutions, offering a valuable glimpse into the core concepts that govern the world of life assurance. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781331895619_0
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An Elementary Lecture on the Theory of Life Assurance
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781331895619
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An Elementary Lecture on the Theory of Life Assurance : Delivered at a Meeting of the Birmingham Insurance Institute, 11th January, 1889 (Classic Reprint)
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Condition: Sehr gut. Zustand: Sehr gut | Sprache: Englisch | Produktart: Bücher. Seller Inventory # 26008891/2