Finance Department


Date of this Version


Document Type



Journal of Actuarial Practice, Volume 11, 2004
ISSN 1064-6647


© Copyright February 2004 Absalom Press, Inc.


ARTICLES (the entire volume)

Product Innovation in Financial Services: A Survey • Christopher O'Brien 5

Phased Retirement for Defined Benefit Plan Participants • Patricia L. Scahill and Jonathan Barry Forman . 43

The Actuarial Value of Life Insurance Backdating • James M Carson and Krzysztof M Ostaszewski . 63

Decision Tree Analysis of Terminated Life Insurance Policies • Robert Keng Heong Lian, Yuan Wu, and Hian Chye Koh . 79

A Comparative Study of Parametric and Nonparametric Estimators of Old-Age Mortality in Sweden • Peter Fledelius, Montserrat Guillen, Jens Perch Nielsen, and Kitt Skovsø Petersen 103

Estimation of Complete Period Life Tables for Singaporeans • Siu-Hang Li and Wai-Sum Chan . 129

Approximating the Bias and Variance of Chain Ladder Estimates Under a Compound Poisson Model • Janagan Yogaranpan, Sue Clarke, Shauna Ferris, and John Pollard 147

Rapid Calculation of the Price of Guaranteed Minimum Death Benefit Ratchet Options Embedded in Annuities • Eric R. Vim. 169

Credibility Theory and Geometry • Elias S. W. Shiu and Fuk Yum Sing . 197