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The Life Associations' Inter-Office Expense Investigation

Published online by Cambridge University Press:  03 October 2014

G. G. Luffrum ,
A. G. O'Leary  and
A. D. Shedden
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Extract

1.1.1. In the course of the discussion of the paper by Praetz at the International Congress of Actuaries in Sydney, reference was made to the existence of the ongoing Expense Investigation conducted amongst life offices in the United Kingdom. Considerable interest was aroused and it was subsequently suggested that a paper describing this investigation be presented to the actuarial bodies in order that data on life office costs might be made available to the profession and its significance discussed. In agreeing to present such a paper the authors considered that its scope should be extended to include a study of the attitudes of offices and actuaries to expense analysis and control and of the uses made by offices and actuaries of the results of the Expense Investigation and other expense analyses.

Type
Research Article
Information
Transactions of the Faculty of Actuaries , Volume 40 , 1985 , pp. 253 - 337
Copyright
Copyright © Institute and Faculty of Actuaries 1985

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References

(1) Pedoe, A. (1952). The trend of life insurance company expenses. Trans. Soc. of Actuaries 4, 485.Google Scholar
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