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October 2016

Topic: Legal

Author: Paul Thomson

2017 life expectancies, $1pw multipliers and deferral factors

This ready reckoner provides life expectancies at 2017, allowing for future mortality improvements. It also includes weekly mulitpliers to specific retirement ages, and fixed terms and deferral factors.

October 2015

Topic: Legal

Author: Paul Thomson

2016 life expectancies, $1pw multipliers and deferral factors

This ready reckoner provides life expectancies at 2016, allowing for future mortality improvements. It also includes weekly mulitpliers to specific retirement ages, and fixed terms and deferral factors.

December 2014

Topic: Demographic

Author: Corey Plover

Life expectancies for individuals with cerebral palsy

This publication is intended to translate the survival probabilities and mortality loadings found within a range of epidemiological studies to implied life expectancy tables in a robust, objective and consistent manner

November 2014

Topic: Legal

Author: Corey Plover

Cost of investment management factors

This publication provides tables of factors for estimating investment management costs.

October 2014

Topic: Legal

Life expectancies, $1pw multipliers and deferral factors

This ready reckoner provides life expectancies, allowing for revised Population Projections, 2012 (base) - 2101 produced by the Australian Bureau of Statistics. It also includes weekly mulitpliers to specific retirement ages, and fixed terms and deferral factors.

October 2013

Topic: Legal

2014 life expectancies, $1pw multipliers and deferral factors

This ready reckoner provides life expectancies at 2014, allowing for future mortality improvements. It also includes weekly mulitpliers to specific retirement ages, and fixed terms and deferral factors.

January 2013

Topic: Legal

2013 life expectancies, $1pw multipliers and deferral factors

This ready reckoner provides life expectancies at 2013, allowing for future mortality improvements. It also includes weekly mulitpliers to specific retirement ages, and fixed terms and deferral factors.

Life expectancies in previous years are also available for 2012, 2011 and 2010.

January 2012

Topic: Legal

Authors: Hugh Sarjeant, Corey Plover

Financial compensation - inconsistencies, absurdities and bad judgments

This paper was written for presentation at the 2010 national conference of the Australian Lawyers Alliance.

It examines a range of components of economic compensation and highlights how they depart from sound valuation principles. It addresses the chronically high discount rates in Australia, the various approaches of assessing superannuation losses, the erroneous principles emerging in fund management, unjustified allowances for vicissitudes and the haphazard application of penalty interest. An attempt is made to quantify the extent to which each component deviates from the value required for indemnity, and the paper suggests how more accurate loss assessment can be performed within the existing legislative framework.

December 2009

Topic: Legal

Authors: Corey Plover, Paul Thomson, David Heath

Expert actuarial advice

This paper forms one chapter of the Thomson Reuters publication "Expert Evidence", and was written by three of our directors.

The chapter provides a summary of the relevant skills attributable to actuaries which may be relevant in a court proceeding, the codes and guidelines that apply, and addresses the most common areas actuaries provide evidence, including: loss of earnings and superannuation; family law superannuation; the current value of future expenditure; costs of funds management; and life interest valuations.

April 2009

Topic: Legal

Authors: Hugh Sarjeant, Paul Thomson

Dependency percentages for two-parent families

This paper uses 2003-04 Household Expenditure Survey data to suggest dependency percentages for survivors in different types of two-parent family, where one of the parents dies, and for one-parent families, where the parent dies. These percentages may provide a starting point for assessment of damages for economic loss by survivors of a deceased earner.

February 2009

Topic: General Insurance

Author: Hugh Sarjeant

Loss ratios

This publication provides loss ratios by state, based on APRA Half Yearly General Insurance Bulletin. The loss ratios are calculated as the ratio of claims cost to earned premium.

Author:  Hugh Sarjeant

November 2008

Topic: Legal

Author: Corey Plover

A practical guide to assessing economic loss

This publication provides an introduction to the various components of economic loss, the principles of valuation and the practical issues surrounding them.

June 2008

Topic: Legal

Multipliers and their use in litigation

This is a PDF version of the slides used in a presentation given on June 18 2008 by Hugh Sarjeant concerning multipliers and their use in litigation.

April 2006

Topic: Legal

Authors: Hugh Sarjeant, Paul Thomson

Discount rates and life tables: A review

The use of discount rates and life tables is important in many cases where future economic loss is to be determined. This article looks at what they mean, the reasons they are used, and the impact of recent changes to statutory discount rates.

June 2005

Topic: Aged Care

Author: Hugh Sarjeant

Residential aged care: can the house pay for it?

This is a note prepared as a background to a presentation by Hugh Sarjeant to AHURI "Housing Futures in Australia". It addresses the extent to which the cost of residential aged care can be met from house assets.

Author:  Hugh Sarjeant

June 2005

Topic: Legal

Authors: Richard Cumpston, Hugh Sarjeant

Deductions for vicisstudes

This document provides estimates of reasonable deductions for unemployment, sickness, disability and strikes by age and sex by occupation group.

September 2004

Topic: Demographic

Author: Richard Cumpston

Projection of Australia's population to 2051: Appendices

The appendices related to the paper Projections of Australia's population to 2051.

Author:  Richard Cumpston

September 2004

Topic: Demographic

Author: Richard Cumpston

Projections of Australia's population to 2051

This paper describes methods used to give long-term projections of persons, dwellings and jobs for each statistical local area in Australia. Please find attached the applicable appendices related to this paper.

Author:  Richard Cumpston

January 2003

Topic: Legal

Author: Richard Cumpston

Actuarial perspective on tort law reform

This paper discusses the unavailability of some insurance largely due to the present shortage of capital by the insurance industry. Several years of difficulty are likely before the insurance market returns to competitive health.

October 2002

Topic: Legal

Author: Richard Cumpston

Lump sums - the good the bad and the ugly

This is a powerpoint presentation presented by Richard Cumpston at the 2002 Motor Accidents Authority Sydney conference.

Author:  Richard Cumpston

October 2002

Topic: Legal

Author: Richard Cumpston

RTA v Cremona - more value in superannuation

This is a text version of a paper presented by Richard Cumpston at the 2002 national conference of the Australian Plaintiff Lawyers Association (APLA).

Author:  Richard Cumpston

October 2002

Topic: Legal

Authors: Richard Cumpston, Hugh Sarjeant

Essential personal expenditure

This contains our estimates of essential personal expenditure. This is important when calculating economic loss suffered by the dependents of a deceased person.

Authors:  Richard Cumpston,  Hugh Sarjeant

February 2002

Topic: Aged Care

Author: Hugh Sarjeant

Strengthening the financing of aged care

This paper was presented at the Productivity Commission Conference The Policy Implications of the Ageing of Australia's Population, Melbourne, March 18-19 1999. The paper estimates the level of future liabilities for aged care, and considers some means by which other sources of funding could be developed to lessen reliance on current expenditures to meet these liabilities.

Authors:  Hugh Sarjeant,  Anna Howe

September 2001

Topic: Legal

Author: Richard Cumpston

Past and future causes of death - implications for planners

This paper discusses causes of deaths over the past 20 years, and projections are made of deaths from each major course in the next 20 years.

Author:  Richard Cumpston

May 2001

Topic: Legal

Authors: Richard Cumpston, Hugh Sarjeant

Estimating economic loss - recent developments

This is a text version of a paper presented by Richard Cumpston at the 2001 Victoria national conference of the Australian Plaintiff Lawyers Association (APLA).

Author:  Richard Cumpston