Abstract
The aim of this paper is to initiate a discussion between actuaries, accountants, the Department of Trade and others working in insurance on our basic concepts, language, methods and aims. We need to discuss concepts and to agree on language in order to be able to discuss methods and aims. The concepts and language developed by actuaries in life business are very different from those used in non-life insurance and a synthesis of the two is long overdue.
Volume
103
Page
233-305
Year
1976
Categories
Actuarial Applications and Methodologies
Enterprise Risk Management
Actuarial Applications and Methodologies
Ratemaking
Publications
Journal of the Institute of Actuaries
