Life Contingencies

Abstract

SOME years ago the Council of the Institute of Actuaries came to the conclusion that the students of actuarial science were subjected to great inconvenience and loss of time in consequence of the number of different books and scientific papers to be consulted in acquiring a knowledge of the subject. Persons actively engaged in the work, and wishing to refresh their memory as to the best methods of solving some special question, frequently felt the same sort of inconvenience. The Council, with that consideration for the students which has always been characteristic of them, resolved to provide what was wanted. They accordingly authorized the compilation and publication—the cost to be borne by the Institute—of a “Text-book of the Principles of Interest, Life Annuities and Assurances, and their Practical Application.” The first volume, entitled Part I., and treating of the principles of interest (including annuities-certain), has been before the public since 1882. The second part, which is concerned with “Life Contingencies,” has now been issued. The editing or authorship of this portion of the text-book was intrusted to Mr. George King, the Actuary of the Atlas Insurance Company, and formerly of the Alliance, whose practical acquaintance with assurance calculations, well-known devotion to his work, and experience as a lecturer at the Institute, qualified him, in a high degree, for undertaking the task.

Institute of Actuaries' Text-book of the Principles of Interest, Life Annuities and Assurances, and their Practical Application.

Part II. Life Contingencies (including Life Annuities and Assurances). By George King. (London: C. and E. Layton, 1887).