No CrossRef data available.
Article contents
Extract
It was hardly to be expected but that an attempt to demonstrate the inconveniences arising from daily increasing competition in the business of life assurance should meet with resistance and reprobation. The large number of persons interested in novel undertakings of the character in question would naturally feel themselves aggrieved at statements which went to prove that such undertakings were mischievous because they could not be successful, and which sought to demonstrate their hopelessness of success by an expose of their actual condition; on the other hand, it is not much to be wondered at, that minds familiar only with a state of affairs so wholly different should regard with anxiety and alarm a succession of enterprises threatening not merely to encroach on their own field of operation, but, by a series of failures, to bring all alike into general suspicion and discredit. As in most other controversies, much allowance is to be made on either side. The interests of the two parties are probably not altogether antagonistic, but they can scarcely fail to come into serious collision unless placed under more carefully devised regulations than at present exist.
- Type
- Research Article
- Information
- Copyright
- Copyright © Institute and Faculty of Actuaries 1852
References
* “Life Assurance: its schemes, its difficulties, and its abuses.” “Letter to the Right Hon. Joseph W. Henley, M.P., President of the Board of Trade, regarding Life Assurance Institutions, &c. By Robert Christie, Esq., Edinburgh, Fellow of the Institute of Actuaries and Manager of the Scottish Equitable Life Assurance Society.”–“Remarks on the above. By an Official of a Registered Company under the Joint Stock Act.”–“On the Present Position of the Life Assurance Interests of Great Britain: a Letter to the Right Hon. Joseph W. Henley, M.P., President of the Board of Trade. By William Thos. Thomson, F.R.S.E., Manager of the Standard Life Assurance Company and of the Colonial Life Assurance Company, and one of the Vice-Presidents of the Institute of Actuaries.”–“Further Suggestions with reference to the Amendment of the Joint Stock Companies Registration Act, as regards Life Assurance Institutions: contained in a Letter addressed to Francis Whitmarsh, Esq., Registrar of Joint Stock Companies. By the same Author.”–“Actuarial Figments Exploded: a Letter to the Right Hon. J. W. Henley, M.P., President of the Board of Trade, in Defence of the Life Assurance Offices registered under 7 & 8 Vic, cap. 110. By Alexander Colvin, Actuary to the United Mutual Life Assurance Society.”–“A Few Lines to the Managers of the Life Insurance Societies of the United Kingdom, suggesting a Remedy for the Doubts and Difficulties attendant upon the business of Life Assurance. By J. A. Beaumont, Esq., Managing Director of the Provident Life Office.”–“Conspiracy Detected: in a Letter to the Right Hon. J. W. Henley, M.P., President of the Board of Trade, in Refutation of certain Statements published by Robert Christie, Esq., and others, on the subject of Life Assurance. By B. H. Strousberg, Consulting Actuary.”–“Letter to the Right Hon. Benjamin D'Israeli, M.P., in Reply to several anonymous Articles and Letters in the Times and Morning Chronicle. By W. Swiney, A.I.A.”‘–“Letter to the Right Hon. the Chancellor of the Exchequer, on Life Assurance Companies’ Receipts and Expenditure. By John Grinsted.”–“A Letter to the Right Hon. E. Cardwell, M.P., President of the Board of Trade, on the inoperative character of the Joint Stock Companies Registration Act, as a means of preventing the formation of Bubble Assurance Companies, or of regulating the action of those honourably and legitimately instituted. By J. Hooper Hartnoll, Proprietor and Editor of the Post Magazine.”–Articles and correspondence in the Post Magazine and Morning Chronicle, passim.