Past President): The subject of this meeting is 'Asset Models in Life Assurance', from the Stochastic Accreditation Working Party. Two members of the Working Party are to make a presentation to us, and then the meeting will be open for comments.Mr C. E. Dowthwaite, F.I.A. (beginning the presentation): I thank the Faculty for the opportunity to speak on what, I think, is a topical area. Many actuaries working in life assurance feel that we are entering a new world at the moment: the world of realistic balance …
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