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Formulas and Tables for applying Profits to converting Whole-Life Policies into Endowment Assurances, and to Making Endowment Assurances payable at an earlier Age

Published online by Cambridge University Press:  18 August 2016

Henry William Manly
Henry William Manly
Affiliation:
Mutual Life Assurance Society Institute of Actuaries
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Extract

There is one portion of the history of life assurance which I suppose could never be accurately written: I refer to the origin of the various forms of assurances, of the various plans of distributing or appropriating the surplus, and the authors and dates of discovery of many of the formulas; in fact, the history of the science of life assurance in contradistinction to the history of the business and its development.

Type
Research Article
Information
Journal of the Institute of Actuaries , Volume 27 , Issue 5 , January 1889 , pp. 362 - 410
Copyright
Copyright © Institute and Faculty of Actuaries 1889

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References

page 367 note * In the fourth line of the demonstration in Mr. Marr's paper, page 248, should be , so the student must be careful.There are several other little slips in the paper, evidently mistakes in copying.

page 382 note * Formula in Institute Text-Book, Part II, p. 350.