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On the Rate of Mortality prevailing among Assured Lives, as influenced by the length of time for which they have been assured

Published online by Cambridge University Press:  18 August 2016

Thomas B. Sprague
Thomas B. Sprague*
Affiliation:
Institute of Actuaries
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Extract

To say that the subject of the rate of mortality among assured lives and annuitants is at present very imperfectly understood, and that the process usually adopted to deduce the rate of mortality from observations upon these classes, is not a proper one for the purpose, and leads to erroneous and misleading results, may seem at first sight to be very rash assertions; but I believe that upon consideration they will be found strictly correct.

Type
Research Article
Information
Journal of the Institute of Actuaries , Volume 15 , Issue 5 , April 1870 , pp. 328 - 354
Copyright
Copyright © Institute and Faculty of Actuaries 1870

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References

page 339 note * It seems time that this phrase, of such constant occurrence, should be no longer printed per cent., and regarded as a mere abbreviation of per centum, but be finally adopted into the English language by being written as a single word percent, as has been done in some other languages, as German and Danish. The fact that the phrase has already been virtually adopted is proved by the use of its derivative percentage.