Duration Unad Probability of Dying in a Year per-cent. Unad Adjusted Number of Living. Dying. in Years. justed. Adjusted. Living. Dying. Living. Dying. justed. Adjusted. Living. Dying Clergy Mortality. The ordinate represents the probability of dying in a year. Age. VOL. XVIII. 60 65 Stüssi's observations on the Ruthenian clergy. Casper's Prussian Brune's Table from experience of the Prussian Widows' Fund (Male Lives). 2 B 1000 Clergy Mortality. The ordinate represents the number living at any age out of 1000 living at 25. 330 The Growth of Life Companies. [From the Spectator of New York and Chicago.] THE history of life insurance in England shows that it is to the degree of activity with which new business is sought, and not to superiority in age, that companies owe their ability to show large accumulations of assets. We reprint from the London Review the names and assets of the ten leading English life companies, in round figures. 1836. Economic .Liverpool and London and Globe......... 2,500,000 It will be seen that length of duration is a secondary agent in developing the assets of an English company. A comparison with the ten American companies having the largest assets shows the same result; that their relative rank in the list is the consequence of activity in the pursuit of new business and not of prior organizing. The following are the American companies with their assets, 31 December 1873, in round figures: These tables also illustrate the more rapid growth of the business of life insurance in America than in England. The total ages of the ten English companies enumerated above are exactly 600 years, and during those years they have accumulated assets to the amount of £36,600,000. The total years of the American companies are 256, and in that time they have accumulated assets of £49,180,000. HOME AND FOREIGN INTELLIGENCE. THE SCOTTISH EQUITABLE LIFE ASSURANCE SOCIETY. Established 1831. EXTRACT FROM REPORT BY THE DIRECTORS. Position and Progress of the Business. The Society's position at the end of its forty-second year is as follows: Number of Policies in Force (on the Lives of 9399 Members) The progressive increase of the business during the last thirty years is exhibited in the following table: The Directors have now to report the results of the Eleventh Investigation into the affairs of the Society, with the view to the declaration of a bonus. While the present investigation is the second which has been conducted on the principles of the altered constitution adopted in 1867, it is the first which has taken place after an interval of five years as therein provided. Report of the Committee of Directors appointed to make the Eleventh Investigation into the Affairs of the Scottish Equitable Life Assurance Society, as at 1st March 1873. * * * * * The valuations of the assets and liabilities under the whole policies in force at 1st March 1873, have been conducted on principles |