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On the Principles on which the Funds of Life Assurance Societies should be Invested

Published online by Cambridge University Press:  18 August 2016

Arthur Hutcheson Bailey Esq.
Arthur Hutcheson Bailey Esq.*
Affiliation:
Actuary of the London Assurance
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Extract

Of the many valuable contributions by which the transactions of this Institute have been enriched by the labours of Mr. Samuel Brown, not the least interesting is the paper on the investments of Assurance Companies, read before the Institute on the 25th January, 1858. I feel much diffidence in again reverting to this question; but as Mr. Brown, at the outset of his paper, admits that the subject is too extensive to be exhausted by a single discussion, it has occurred to me that an attempt to arrive at some general principles on which the funds of Life Assurance Societies should be invested, and to consider how such principles can best be reduced to practice, might, perhaps, be the means of exciting some useful discussion.

Type
Research Article
Information
Journal of the Institute of Actuaries , Volume 10 , Issue 3 , April 1862 , pp. 142 - 147
Copyright
Copyright © Institute and Faculty of Actuaries 1863

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References

page 142 note * Supposing a permanent rate of addition of £1. 10s. per cent, per annum.