These and other ratios relating to British Companies are shown in the statements given on page xv."iv The satisfactory manner in which the amounts both of the Life Assurance Funds and of the interest realised thereon have increased may be seen from the following table : The total assets of the Indian companies exceed to crores. [...] At the time of the periodical actuarial valuation the Life Act requires not only a statement of how the values of stock exchange securities are arrived at but also a certificate to the effect that the assets set forth in the balance sheet are in the aggregate fully of the value stated therein less any Investment Reserve Fund taken into account. [...] One of the economic situations resulting from the war was the relative advance in the value of silver as compared with gold and the consequent increase in the rate of exchange between India and the United Kingdom. [...] In the endowment assurance class the mortality after age 30 is about the same as that of the Oe(5) table while in the r whole life ' class the mortality is approximately represented by the rates in the table for lives 5 years older. [...] The rules also require the accounts to be audited up to any date as at which an actuarial valuation is made and the auditor to state whether the value of stock exchange securities shown in the balance sheet at the close of the valuation period exceeds the market value on that date.
- Pages
- 79
- Published in
- India
- SARF Document ID
- sarf.146614
Segment | Pages | Author | Actions |
---|---|---|---|
Cover
|
i-iii | unknown | view |
Introductory Note Being a Report by the Government Actuary on the Returns Submitted in Compliance with the Indian Life Assurance Companies Act 1912 Relating to Periods Prior to 1st January 1921
|
i-xvi | unknown | view |
Summary of the Life Assurance Revenue Accounts of Each of the Indian Companies for Each of the Past Eight Years
|
1-14 | unknown | view |
Summary of 1920 General Balance Sheets of Indian Companies
|
15-18 | unknown | view |
Summary of Ordinary Life Assurance Business Effected by Indian Companies During the Financial Year Ending 1920 and of Capital and Rates of Dividend Paid During the Past 20 Years By Existing Indian Life Assurance Companies
|
19-22 | unknown | view |
Summary of Valuations of Indian Companies
|
23-30 | unknown | view |
Summary of the Life Assurance Revenue Accounts of Each of the Non-Indian Companies for Each of the Past Six Years
|
31-38 | unknown | view |
Summary of Valuations of Non-Indian Companies
|
39-46 | unknown | view |
Indian Life Assurance Companies Rules 1919. Amendments to the Indian Life Assurance Companies Act 1912
|
47-58 | unknown | view |
Amendments to the Indian Life Assurance Companies Act VI of 1912
|
59-59 | unknown | view |