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On the Arrangement of the Data furnished by certain Life Assurance Companies in Scotland, and on the formation of Tables, &c., therefrom; being Contributions towards the ascertainment of the Rate of Mortality of Assured Lives

Published online by Cambridge University Press:  18 August 2016

James Meikle Esq.*
Affiliation:
Scottish Provident Institution

Extract

The mortality statistics of the Scottish Assurance Offices, whose experience it is proposed to develop before combining it with that of the English contributing Offices, have, after passing through various committees, and receiving the benefit of their consideration, eventually passed into my hands for final adjustment and development. Having accordingly considered the subject thus confided to my professional care, I venture to lay before the Institute a brief statement of the views which have occurred to me in regard to the processes which it is proposed to adopt for the arrangement of these data and transforming them into that shape which it is necessary they should assume before becoming the subject of comparison or of calculation.

Type
Research Article
Copyright
Copyright © Institute and Faculty of Actuaries 1867

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References

page 262 note * If there had been any intention of continuing the experience of the same number of entrants, and the opportunity seems an excellent one, it would only have been necessary to have noted the issue of those policies which had terminated by cancelment or by death. Each of the contributing Offices would thereafter only be required to give a note on slips of paper of the policies which had, out of the entrants previous to 1864, become cancelled or dead.

page 268 note * The complete table, of which No, 2 is an extract, is in possession of the Institute.