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Thirteenth Annual Report of the Insurance Commissioner of the Commonwealth of Massachusetts, January 1, 1868. Part II: Life and Accident Insurance

Published online by Cambridge University Press:  18 August 2016

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Journal of the Institute of Actuaries , Volume 15 , Issue 1 , April 1869 , pp. 31 - 54
Copyright
Copyright © Institute and Faculty of Actuaries 1870

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References

page 32 note * Vol. 14, p. 413.

page 33 note * [We entirely demur to this statement as regards the policyholders. Notwithstanding the numerous cases in which Life Insurance Companies have failed, with great loss to the shareholders, we believe we are strictly correct in stating that, hitherto, there have been very few instances indeed, and those of but trifling magnitude, in which the claims of the policyholders have not been so far provided for, that the policies have been transferred to some other Office on the existing terms.]