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On some considerations suggested by the large number of the existing at the close of the Institute observations of 1863

Published online by Cambridge University Press:  18 August 2016

Robert Ruthven Tilt
Affiliation:
General Life Assurance Company

Extract

At a sessional meeting of the Institute held during the period allocated to the collection of the information required for the compilation of the New Mortality Tables, a discussion may not, I think, inappropriately be raised on various points arising in connection with the nature and adaptability for the purpose of the materials used in the construction of the principal Institute Table at present in use, and it is with this view that I venture to submit to the members of the Institute the results of some attempts which I have recently been making to trace the effects produced on the HM Table by the fact that, at the close of the observations from which the Table is derived, there were still in existence nearly 75,000 out of 130,000 males who had come under observation; I have also endeavoured to obtain from the details given in the Mortality Experience published by the Institute some approximate figures as to the new business of the Twenty Offices which supplied the experience upon which the HM Table is based.

Type
Research Article
Copyright
Copyright © Institute and Faculty of Actuaries 1896

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References

page 2 note * Mr. Chatham points out (J.J.A., xxix, 165) that this percentage should be 102·35.

page 22 note * “On the several Mortality Tables employed by Life Assurance Companies in the Valuation of their Annuity Contracts”, by Gerald H. Ryan, F.I.A., F.S.S. 1885. Transactions of the Actuarial Society of Edinburgh, New Series, No. 13.