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The Analysis of the Annuity Experience 1900–1920

Published online by Cambridge University Press:  27 November 2014

W. Palin Elderton
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Extract

It is usual to begin a sermon with a text and if I were making a sermon to-night my text would be from a favourite poet who, unconsciously and unsuspectingly, I fear, described the ideal actuarial department when its total staff is three and by implication described the ideal methods of examining actuarial problems.

The first of them could things to come foresee

The next could of things present best advise

The third things past could keep in memory

So that no time nor reason could arise

But that the same could one of these comprise.

(Spenser, Faerie Queene, II, ix. 49.)

Type
Lectures
Information
Journal of the Staple Inn Actuarial Society , Volume 2 , Issue 4 , 1925 , pp. 215 - 225
Copyright
Copyright © Institute of Actuaries Students' Society 1925

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References

* The Appendices give some of the things considered. On the general improvement of mortality' theory you need a large change in exposed to risk to bring out much variation in selection.