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Published online by Cambridge University Press: 18 August 2016
Two valuable contributions to what may perhaps be called the “Finance of Life Assurance” appear in the Assurance Magazine; both by eminent Members of this Institute. The first in 1858 by our present President “On the Investments of the Funds of Assurance Companies;” the second in 1862 by Mr. A. H. Bailey, “On the Principles on which the Funds of Life Assurance Societies should be invested.”
page 1 note * Bonds and Stock.
page 6 note * Includes temporary loans.
page 6 note † Includes East Anglian No. 2 Stock.
page 9 note * In only one instance in the Table will it be found that the Debenture Interest absorbs as much as 50 per cent of the amount available to meet it.
Target article
On the Liquidation of an Insolvent Life Office
Related commentaries (2)
Extracts from the Opening Address of the President of Section F (Economic Science and Statistics), of the British Association for the Advancement of Science, at the Thirty-Eighth Meeting, at Norwich, August 1868
Railway Debenture Stocks considered as a Security for the Investment of the Funds of a Life Assurance Society