If wrong for NHSIC to provide NHS data to actuaries then it would be wrong for CPRD to do this too, wouldn't it? http://www.corporate-adviser.com/home/longevity-predictions-inaccurate-because-actuaries-ignoring-data-swiss-re/1037328.article …
.@amcunningham @Cleverestcookie @Elektra You mean like the banks? Suspect vast majority of the public may have a different view on this now.
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@C7RKY I mean that if I have a life insurance policy and it couldn't pay out that wouldn't be good. Wrong?@Cleverestcookie@Elektra -
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@amcunningham@Cleverestcookie@Elektra They are private businesses, run for profit. That profit shouldn't be enhanced at public's expense> -
@C7RKY but not all insurers are private businesses run for profit. what about mutuals?@Cleverestcookie@Elektra -
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@amcunningham@Cleverestcookie@Elektra They just share those profits to their members, in form of dividends. Price still set by actuaries.
End of conversation
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