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- W2491946847 abstract "The conclusion reached from a consideration of Table 1, that ‘in a perfectly stationary fund…the bonus for which the premium scale is loaded will emerge from a net premium valuation whatever margin is allowed between the experience and the valuation rate of interest’, is difficult to accept without a more detailed investigation. At first sight it appears to be supported by the incontrovertible argument that if the premiums are loaded to allow for a £2 % bonus and the experience is exactly that assumed in the calculation of the premiums, the profit made must be sufficient to pay a level bonus of £2 % per annum irrespective of the valuation basis. In a stationary fund, therefore, it might be argued that the valuation basis cannot affect the surplus brought out each year." @default.
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- W2491946847 date "1947-07-01" @default.
- W2491946847 modified "2023-09-24" @default.
- W2491946847 title "Note on Suttie's ‘Some points arising in a net premium valuation’" @default.
- W2491946847 doi "https://doi.org/10.1017/s0020269x00002929" @default.
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