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Bonuses — how Earned and how Distributed

Published online by Cambridge University Press:  18 August 2016

Archibald Hewat
Archibald Hewat
Affiliation:
Inst. of Accountants and Actuaries The Edinburgh Life Assurance Company
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Information
Journal of the Institute of Actuaries , Volume 22 , Issue 4 , July 1880 , pp. 286 - 292
Copyright
Copyright © Institute and Faculty of Actuaries 1881

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References

page 286 note * This being equal to 23 percent of the premiums, all the “loading” is, practically, refunded.

page 287 note * These are sometimes specified in the Returns, but, no doubt, they are frequently placed to the credit of “Charges”; and so do not appear.

page 292 note * HM 3½ arrived at thus:—Hardy's Valuation Tables, Table XII, p. 36, and Table XIX, p. 63—Age 20:—