Review of the Principles of Life-Office Valuations¶
Redington, F. M. (1952). Review of the Principles of Life-Office Valuations. Journal of the Institute of Actuaries, 78(3), 286-340.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Mechanisms¶
- Asset-Liability Matching Policy
- It is the discipline behind immunization — structuring assets and liabilities so their durations offset and surplus is insulated from a timing shock.
This sourceDefines immunization as arranging assets so existing business is protected from a general interest-rate change, including matching the mean terms of asset proceeds and liability outgo.
- It is the discipline behind immunization — structuring assets and liabilities so their durations offset and surplus is insulated from a timing shock.
Verification¶
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Registry ID ref:b4841b8b2cc8 · see in the full table