A Review of Life Insurance

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Excerpt from A Review of Life Insurance: From the Date of the First National Convention of Insurance Officials 1871-1897 The marked success of these organizations, between 1843 and 1862, caused a great multiplication of life companies. Life Insurance shared the fate of other industries of the time - flourished and grew with them - as later it suffered with them. From 1862 to 1870 the number of companies reporting to the New York Department increased from eighteen to seventy-one - the latter being the highest number ever reported. During the same period the insurance in force and the gross assets increased over ten-fold. In eight years over two hundred and thirty million dollars were added to assets, and over eighteen hundred millions to risks in force. During this period State supervision in New York became full-fledged. It was begun in a mild form under the Revised Statutes of 1828, which required all moneyed corporations thereafter created to make annual reports to the State Comptroller. 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.