Report of M. George Dyre Eldridge Actuary

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Excerpt from Report of M. George Dyre Eldridge Actuary: Relating to Valuation of Certificates of La Société Des Artisans Canadiens FrançaisThe work of valuation of your Society presents a more than usual amount of detail, because of the necessary separation of the business written since 1906 into a separate division so far as valu ation, and also because of the necessity of separating the business written prior to 1907 into the separate classes representing the various options that were accorded under readjustment. While this is a necessary incident of the breadth of selection extended to your membership affected by the readjustment, I have no question, and I am certain no one can have a question in the light of the results, of the wisdom which dictated the granting of these several options. The almost, if not quite, unprecedented success attained in the work of readjustment, seems to me to have been due, in some degree at least, to the breadth of choice of ferred to the membership, through which each individual member was able to meet, and adjust his in surance to, his own needs. Anything less than this breadth of choice I am certain would have crippled somewhat the effectiveness of the work done, and I am confident that you will agree with me that any slight enhancement of details is a low cost to pay for the complete success attained.As stated, the formal report filled with the several Insurance Departments deals only with aggregates, and it has seemed to me proper that here should be filed in your office a report following somewhat the lines of the reports of 1911 and 1912, thus making a matter of record of facts that do not appear in the general official valuation blank.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis 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.