ASSURANCE COMPANIES.

Portfolio Choice Models of Pension Funds and Life Assurance Companies: Similarities and Differences

In this paper, we examine pension schemes and life policies in terms of the option features either implicitly or explicitly contained in them. We argue that this greatly simpli®es the process of managing the asset side of pension fund and life company balance sheets. We show that these options need to be either replicated or hedged with an appropriately determined portfolio of cash market and d...

Assurance and Assurance Cases

Assurance provides confidence that a system will work as required and not cause harm. Confidence is based on justified beliefs about the system and its environment, and justification can be developed and documented as an assurance case comprised of a structured argument grounded on evidence. For justification to be compelling, the argument must be indefeasible, meaning that we have so thoroughl...

DISCUSSION PAPER PI-9610 Portfolio Choice Models of Pension Funds and Life Assurance Companies: Similarities and Differences

In this paper, we examine pension schemes and life policies in terms of the option features either implicitly or explicitly contained in them. We argue that this greatly simpli®es the process of managing the asset side of pension fund and life company balance sheets. We show that these options need to be either replicated or hedged with an appropriately determined portfolio of cash market and d...

Methodological Proposal of Policies and Procedures for Quality Assurance in Information Systems for Software Development Companies Based on CMMI

Quality Assurance Whose Quality and Whose Assurance?

Government involvement in quality assurance is becoming the trend in many countries, including New Zealand. What values underpin the systems that evolve in each country, and who has given legitimacy to them? In the context of the prevailing ideology of early childhood, this paper unpacks quality assurance in Australia and comments on the assumptions, taken for granted premises and values which ...