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New Econ for Life Actuaries

Published online by Cambridge University Press:  17 April 2015

Knut K. Aase  and
Svein-Arne Persson
Knut K. Aase
Affiliation:
Norwegian School of Economics and Business Administration, 5045 Bergen, Norway
Svein-Arne Persson
Affiliation:
Norwegian School of Economics and Business Administration, 5045 Bergen, Norway
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Abstract

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In an editorial in ASTIN BULLETIN, Hans Bühlmann (2002) suggests it is time to change the teaching of life insurance theory towards the real life challenges of that industry. The following note is a response to this editorial. In Bergen we have partially taught the NUMAT, or the NUMeraire based Actuarial Teaching since the beginning of the 90's at the Norwegian School of Economics and Business Administration (NHH). In this short note we point out that there may be some practical problems when these principles are to be implemented.

Type
Discussion Articles
Information
ASTIN Bulletin: The Journal of the IAA , Volume 33 , Issue 2 , November 2003 , pp. 117 - 122
Copyright
Copyright © ASTIN Bulletin 2003

Footnotes

*

In addition to the response from Hans Bühlmann, the authors appreciate the comments from Editor Andrew Cairns.

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