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Observations on the Tables of the Mortality Experience of the Scottish Amicable Society from 1826 to 1860

Published online by Cambridge University Press:  18 August 2016

William Spens*
Affiliation:
Scottish Amicable Life Assurance Society

Extract

As stated in the introduction to the Tables, they relate to 10,255 persons, as under—

And they embrace the experience of the first thirty-four years of the Society—reckoning, as was found most suitable, the first year's experience as the experience of the persons entering in the first year for one year from their respective entries, and so on. In this way it will be found that the experience does not include any of the persons entering in 1860, and none of the deaths in 1860 of persons who had been assured for more than a year from the time of payment of their annual premium in 1859. These deaths, and the entries of 1860, fall, according to the principle adopted, to be included in the experience of the thirty-fifth year of the Society.

Type
Research Article
Copyright
Copyright © Institute and Faculty of Actuaries 1863

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References

page 81 note * I may so far anticipate Dr. Fleming's remarks, as to mention that, to a great extent, he attributes the excess in Class VII. to the probable insertion in the Registrar-General's Reports, under Class II., of cases of dropsy, which, in the returns of Assurance Offices, would be entered among diseases of liver—the producing cause.