Author: Institute of Actuaries (Great Britain). Students' SocietyPublisher:
ISBN:
Category : Life insurance
Languages : en
Pages : 63
Book Description
Valuation of Liabilities and Distribution of Surplus
Author: Institute of Actuaries (Great Britain). Students' SocietyPublisher:
ISBN:
Category : Life insurance
Languages : en
Pages : 63
Book Description
Valuation of Liabilities and Distribution of Surplus
Author: Institute of Actuaries (Great Britain)Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Valuation of Liabilites and Distribution of Surplus
Author: Institute Of Actuaries Students SocietyPublisher: Forgotten Books
ISBN: 9780666404725
Category : Business & Economics
Languages : en
Pages : 76
Book Description
Excerpt from Valuation of Liabilites and Distribution of Surplus: Notes, Papers and Discussion Arranged by the Institute of Actuaries Students' Society It is also worth while to work out from these tables and the Board of Trade returns the effect on the reserves and surplus of different offices of (a) a large increase in new business and consequent increase in expenses; or, (b) a change in the rate Of interest earned; or (c) a change in the rates of premium charged; or (d) a loss on investments. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Valuation of Liabilites and Distribution of Surplus
Author: Institute of Actuaries (Great Britain). Students' SocietyPublisher:
ISBN:
Category : Life insurance
Languages : en
Pages : 63
Book Description
Valuation and Surplus
Author: R. K. LochheadPublisher: Cambridge University Press
ISBN: 1316509710
Category : Business & Economics
Languages : en
Pages : 115
Book Description
Originally published in 1932, this book aims to bridge the gap between the mathematics of life contingencies and the practical problems of Life Office Valuations.
Valuation of Liabilites and Distribution of Surplus
Author: Institute of Actuaries Students' SocietyPublisher:
ISBN:
Category : Life insurance
Languages : en
Pages : 0
Book Description
The Fair Value of Insurance Liabilities
Author: Irwin T. VanderhoofPublisher: Springer Science & Business Media
ISBN: 1475767323
Category : Business & Economics
Languages : en
Pages : 389
Book Description
This book explores theoretical and practical implications of reflecting the fair value of liabilities for insurance companies. In addition, the contributions discuss the disclosure of these values to the financial and regulatory communities and auditing firms which are actually calculating this illusive but important variable. It combines contributions by distinguished practitioners from the insurance, accounting and finance fields, with those of prominent academics. One of the central themes of the collection is that adequate disclosure of the true economic value of insurance company liabilities is both possible and desirable. Wherever possible, the insurance valuation process is wedded with modern financial theory. For example, the use of option pricing theory is applied to insurance companies, where the true value of the firm's liabilities is a critical variable. Methods such as cash flow, earned profit and indirect discount are explored.
Valuation Approaches and Metrics
Author: Aswath DamodaranPublisher: Now Publishers Inc
ISBN: 1601980140
Category : Business & Economics
Languages : en
Pages : 102
Book Description
Valuation lies at the heart of much of what we do in finance, whether it is the study of market efficiency and questions about corporate governance or the comparison of different investment decision rules in capital budgeting. In this paper, we consider the theory and evidence on valuation approaches. We begin by surveying the literature on discounted cash flow valuation models, ranging from the first mentions of the dividend discount model to value stocks to the use of excess return models in more recent years. In the second part of the paper, we examine relative valuation models and, in particular, the use of multiples and comparables in valuation and evaluate whether relative valuation models yield more or less precise estimates of value than discounted cash flow models. In the final part of the paper, we set the stage for further research in valuation by noting the estimation challenges we face as companies globalize and become exposed to risk in multiple countries.
Innovations in Quantitative Risk Management
Author: Kathrin GlauPublisher: Springer
ISBN: 331909114X
Category : Mathematics
Languages : en
Pages : 434
Book Description
Quantitative models are omnipresent –but often controversially discussed– in todays risk management practice. New regulations, innovative financial products, and advances in valuation techniques provide a continuous flow of challenging problems for financial engineers and risk managers alike. Designing a sound stochastic model requires finding a careful balance between parsimonious model assumptions, mathematical viability, and interpretability of the output. Moreover, data requirements and the end-user training are to be considered as well. The KPMG Center of Excellence in Risk Management conference Risk Management Reloaded and this proceedings volume contribute to bridging the gap between academia –providing methodological advances– and practice –having a firm understanding of the economic conditions in which a given model is used. Discussed fields of application range from asset management, credit risk, and energy to risk management issues in insurance. Methodologically, dependence modeling, multiple-curve interest rate-models, and model risk are addressed. Finally, regulatory developments and possible limits of mathematical modeling are discussed.
Specialised Accounting
Author: Dr. S.K. Singh, Publisher: SBPD Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 1084
Book Description
1. Issue, Forfeiture and Reissue of Shares, 2. Issue or Rights Shares, 2.A. Bonus Shares, 2.B. Buy Back of Shares, 3. Redemption of Preference Shares, 4. Issue of Debentures, 5. Redemption of Debentures, 6. Final Accounts of Companies or Financial Statement Of Company, 7. Accounting for Amalgamation of Companies as per A.S. - 14, 8. Accounrting For Reconstruction, 9. Liquidation or Winding- upof Company (Based on Insolvency Bankruptcy Code - 2016), 10. Consolidated Balance Sheet of Holding Companies 11. Depreciation, 12. Accounts of Banking Companies, 13.Double Account System : Including Electricity Supply Companies, 14. Annual Accounts of Life Insurence Companies, 15. Valuation of Goodwill, 16. Valuation of Shares, 17. Underwriting of Shares and Debentures, 18. Managerial Remuneration, Disposal of Profit (Including Divided) Provision, Reserve and Fund Accunts Of General Insurence Companies Examination Paper