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The report from the Select Committee on Assurance Associations
Published online by Cambridge University Press: 18 August 2016
Extract
Although this document has already appeared in several publications devoted to the discussion of life assurance matters, we think our readers will consider, with us, that the importance of it justifies its republication in the pages of this Journal.
To the Institute of Actuaries it cannot but be gratifying to observe that the recommendations made by the Committee tally as nearly as possible with the resolutions, so far as they go, adopted at the Special General Meetings held on the 12th and 19th April, in the present year. Thus the first resolution was to the effect that the Act of 1844 has created an invidious distinction between the Offices established prior to 1844 and those established since, and that the Act in question ought to be forthwith repealed, and provision made for putting all existing Offices on an equal footing.
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- Copyright © Institute and Faculty of Actuaries 1854
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page 32 note * We shall take an early opportunity to draw the attention of our readers to the evidence which has given rise to this remark, and to examine dispassionately the views and objects of the persons giving it. The opposition to such a measure, of members of the profession, would appear to most persons, having its real interests at heart, to be nothing other than suicidal. The object of opponents, out of it, we can perfectly well understand.