The Insurance Register 1887

Author : William White
Publisher : Forgotten Books
ISBN 13 : 9780656929726
Total Pages : 194 pages
Book Rating : 4.9/5 (297 download)

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Download or read book The Insurance Register, 1887 written by William White and published by Forgotten Books. This book was released on 2018-02-19 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Insurance Register, 1887: Containing, With Other Information, a Record of the Yearly Progress and the Present Financial Position of British Insurance Associations The Insurance Year recently closed may be regarded, all round, as one of fairly average progress. In the Life Department - to which the 'pages of the insurance register are principally devoted - the disastrous failure of the Briton Medical and General is, unfortunately, the chief feature of interest. T 0 those immediately interested as policy-holders, the collapse must of course entail pecuniary loss, and in certain quarters, and to a limited extent, the failure may, for the moment, create doubt and disquiet as to the solvency of Life Associations; but, happily, the procedure of British Life Offices generally has now become so extensively known and appreciated, and, consequently, the public mind has been so far educated as quickly to discern the essential difference between the conduct of those Offices and that of the bankrupt Company, that any Cloud that may arise will quickly be dispersed, and the Life Assurance atmosphere become clearer than heretofore. Indeed, the removal of the Briton Medical from the list of going Com panics, gives to the remark made in last year's register greater emphasis than ever - that the number of thoroughly sound Institutions to any that may be considered doubtful is proportionately far greater than at any previous period in the history of Life Insurance. Consequent upon the demise Of the Briton Medical - which in former days had absorbed twelve other Companies - it is deemed desirable to reprint a list of defunct Life Offices which had an existence of three years and upwards, and a list therefore of extinct Companies, giving date of formation and extinction, with the name of the absorbing Company, will be found at page 2 5. The Valuation Abstract has received considerable revision, and, it is hoped, improvement. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.