Abstract
In his commendable paper, "The Theory of The Distribution of Expenses of Casualty Insurance" (P.C.A.S., Vol. XVII, page 22) Mr. F. S. Perryman in referring to general administration expenses stated, "It is of course precisely this group (administration expenses including audit) on which, up to the present, least work has been done with regard to equitable distribution." While considerable may have been accomplished in the matter of distribution of general administration expense since that time (1930), the results are not to our knowledge contained in any generally accessible record. It is the modest hope of the writers of this paper that they may contribute some ideas on the practical aspects of distribution of this general classification of expense.
Volume
XXIV
Page
44-59
Year
1937
Categories
Actuarial Applications and Methodologies
Accounting and Reporting
Expense Classification
Actuarial Applications and Methodologies
Ratemaking
Expense Loads
Publications
Proceedings of the Casualty Actuarial Society