On Life Assurance Book-keeping

1891 ◽  
Vol 2 ◽  
pp. 73-134
Author(s):  
James John M'Lauchlan

1. Book-keeping by Double Entry is now universally admitted to be the only complete and satisfactory system, and its general principles have been shown to be adapted to all kinds of commercial or public accounts. The work of the accountant in arranging a special system adapted to the purposes of a Life Assurance Office, is therefore principally confined to fixing the number and forms of the subsidiary books which serve either to receive the original entries of transactions, or to relieve the Principal Ledger of the particulars of individual accounts.In Life Assurance Book-keeping, as in that of Mercantile Houses, Banks, or Government Departments, these subsidiary books must be specially adapted to the various classes of transactions or other financial facts which occur in the business. I have therefore found it convenient to deal with the subject of Life Assurance Book-keeping by considering in succession the various classes of financial facts that fall to be recorded in conducting the business, and in the case of each class, describing the books required for receiving the original entries, and the subsequent progress of these entries through the books.

1905 ◽  
Vol 2 ◽  
pp. 343-386
Author(s):  
Alfred Ernest Sprague

The chief object for which insurance offices exist is to pay claims; but before any claim can be paid, the question arises—who is the proper person to receive the payment ? If any mistake be made in this, the office may find itself involved in troublesome and expensive legal proceedings, and be compelled to pay the claim twice over. This consideration shows the necessity of insurance officials having some knowledge of law, as it is almost impracticable for them to refer every legal question to their solicitors; and my present object is to draw attention to some of the elementary points which arise in the ordinary course of our business. On the shelves of the library there are to be found papers by Mr. Barrand, Mr. Warren Crosbie, and Mr. Hayter, which should be studied carefully (in addition to the text books) by every one desirous of qualifying himself for a position of responsibility in the claims or law department of his office; but these papers do not exhaust the subject, and I do not propose to allude to the points discussed therein, except in the cases where some further explanation seems desirable or where there has been an alteration in the law or in the practice of the offices.


1938 ◽  
Vol 16 (1) ◽  
pp. 247-284 ◽  
Author(s):  
A. C. Murray

Towards the end of Mr. Brown's term of office as President I submitted to him the Table which appears in the appendix to this paper asking whether he thought it of sufficient interest for publication in our Transactions. Mr. Brown replied by inviting me to go further and write a paper for the Faculty on the subject of Investments using the Table as an illustration of past history. Later our present President supported this idea and the notes which I now have the honour to submit are the outcome. Apart from the fact that I dealt with the history of Life Offices' Investments at some length when addressing the Students' Society a few years ago, it seemed to me that something more than a historical survey was desirable. There are few papers in our Transactions dealing with Investment Policy and this was the subject on which I decided. I think that the correct prelude to a discussion of Investment Policy is its own history, and so I give in Part I of this paper a very short general survey of the years from 1871 to 1935. The Table in the appendix will give information additional to what is contained in my remarks to those who wish to go further.


2018 ◽  
Vol 8 (2) ◽  
pp. 259-274
Author(s):  
Ichsan Habibi

Positive contributions and trends in the tourism sector on Bangka Island, especially in the Matras Tourism Village, need to receive appreciation and support from all stakeholders through the management of environmentally friendly and sustainable tourist objects / attractions. To realize this mission, it is necessary to do ecological propaganda (religious values ​​originating from the Qur'an and Hadith) that are in accordance with the sociocultural characteristics of society. This issue is the subject of discussion in this study, especially regarding the values ​​of ecological preaching implemented in the development program of the Mattress Tourism Village. For this reason, a descriptive-qualitative study was conducted by collecting purposive-snowball data from the sample. Furthermore, the collected data was analyzed descriptively-qualitatively so that the values ​​of ecological preaching that had been implemented were identified and the form and process of implementation by the Matras Tourism Village community. The findings show that there are five types of ecological preaching values ​​that have been implemented, namely al-Is (justice), al-Tawazun (balance), al-Intifa 'wa laa al-Fasad (taking benefits without damage), ar-Riayah wa laa al -Israf (nurturing without exaggeration), and al-Tahdits wa al-Istikhlaf (renewal). Unfortunately, the value of al-Tahdits wa al-Istikhlaf is still not optimal due to the quality of science and technology. However, the local community has become more aware and intelligent about the importance of ecological preaching values ​​in the development of Mattress Tourism Village. In the future, besides needing to intensify and harmonize the role of ulama and Umara, it must also be carried out to increase the capacity of religious institutions, knowledge and appropriate technology for program implementers, and to involve community participation in planning, implementing and evaluating the Matras Tourism Village development program.


1863 ◽  
Vol 23 (2) ◽  
pp. 299-348 ◽  
Author(s):  
R. E. Scoresby-Jackson

The subject to which I have to invite the attention of the Society this evening is one of no modern origin, the name of Hippocrates, amongst others of the fathers of medicine, being commonly associated with it. There is, indeed, perhaps no branch of medical inquiry whose history dips more deeply into the obscure pages of antiquity. The influence of weather upon disease and mortality has been acknowledged as a potent external force in every age, from that eminently speculative and credulous period when physicians professed to receive their diagnostic as well as their therapeutic inspirations from the stars, down to our own day. And yet there is perhaps no question in the whole cycle of medical sciences which has made slower progress than the one we have now to consider. People believe that the weather affects them. They speak of its influence, sometimes commendingly, more frequently with censure, on the most trivial occasions; but beyond a few commonplace ideas, the result of careless observation, or perhaps acquired only traditionally, they seldom seek a closer acquaintance with the subject. Our language teems with medico-meteorological apophthegms, but they are notoriously vague. The words which are most commonly employed to signify the state of the weather at any given time, possess a value relative only to the sensations of the individual uttering them. The general and convertible terms—bitter, raw, cold, severe, bleak, inclement, or fine and bracing, convey no definite idea of the condition of the weather; nay, it is quite possible that we may hear these several expressions used by different persons with reference to the weather of one and the same place and point of time. In order, then, to render medico-meteorological researches more trustworthy, we must be careful to employ, in the expression of facts, such symbols only as have a corresponding value in every nation.


1954 ◽  
Vol 22 ◽  
pp. 165-264 ◽  
Author(s):  
A. Fergus Hewat ◽  
Colin S. Penn

The name of Lewis P. Orr is an honoured one in the history of medico-actuarial literature. It may well be claimed that his paper on “The selection of lives”(T.F.A. 8, page 103) and the revised edition (T.F.A. 13, page 181) were for many years the standard British works on the medical aspects of life assurance underwriting. His earlier paper (T.F.A. 6, page 55) on “Research in life assurance”—submitted to the Faculty in 1911—may, in its consequences, have been even more important because it set the actuaries of the time thinking, and from that, years later, arose the Continuous Mortality Investigation of the Institute and Faculty of Actuaries; but it is with the subject of the two later papers that we are now concerned.


1980 ◽  
Vol 24 (04) ◽  
pp. 203-226 ◽  
Author(s):  
Otto Grim

The vane wheel is a freely rotating device installed on the propeller shaft behind the propeller to provide additional thrust at no increase in power. The wheel, which is larger in diameter than its companion propeller, functions as a turbine by using the otherwise-wasted propeller slipstream to generate the extra thrust. This paper describes a series of tests performed at the Hamburg Ship Model Tank to compare the efficiency of the vane wheel arrangement with other propulsion units, including a conventional propeller, contrarotating propeller, and propeller with fixed guide mechanism. The Appendix provides a mathematical analysis of the performance of the various units investigated. Preface: For many years I had the great pleasure to live near Georg Weinblum, to work with him, and to receive his advice. After he retired I became his successor at Hamburg University. In 1938 I had met Georg Weinblum for the first time; in 1952 — after his return from the United States — for the second time, and after that we met regularly. He encouraged me to write my thesis and to work as a scientist. He always took a great interest in promoting young people and in awakening their enthusiasm for science. Many young people have had this experience and think of him with gratitude. Due to the founders' intentions, the memorial lecture should deal with a subject which belongs to naval architecture and which serves its development. I have chosen the subject, Propeller and Vane Wheel, which I presented for the first time to the German Society of Naval Architecture (Schiffbautechnische Gesellschaft) in 1966. I take this opportunity to discuss the subject again, and to a different extent, because I believe that the purpose of this work is really important and can be achieved without any difficulty in the present situation, where the search for new ideas with regard to the saving of energy has become an urgent necessity.


2020 ◽  
pp. 1533-1563
Author(s):  
Eduardo C. Contreras ◽  
Gustavo J. Puente

A large part of the population in countries in process of development ignores what Rheumatic Diseases are, and general practitioners are in most cases unaware of enough information to identify them and the treatments to successfully control them. A proposal to help those general practitioners to detect if an articular condition belongs to a Rheumatic Disease case is to present them the clinical semiology that should lead them to redirect the given conditions to a specialist on the subject, a rheumatologist. The clinical semiology is presented by an automated algorithm inside a goal-based software agent, containing all the necessary information to identify the seven most common inflammatory Rheumatic Diseases, and fourteen of the non-inflammatory ones. The purpose of this tool is to provide the general practitioner with the correct information to redirect the patient with a rheumatologist, in order for it to receive the appropriate medication to be controlled.


1893 ◽  
Vol 31 (1) ◽  
pp. 1-27
Author(s):  
Benjamin Newbatt

The subject upon which, at the suggestion of your Council, I have undertaken to address you to-night is “Some of the Modern Developments of the Life Assurance System”, including under this heading not only those which most of us will regard as improvements, but others which some among us may consider mere excrescences and eccentricities. The subject, as I have found somewhat to my cost, is a very large one, needing for its full elucidation an enormous mass of detail, which, were your patience equal to its due exposition, would not, I think, bring with it any corresponding pleasure or profit. I propose, therefore, to treat the subject on somewhat broader lines, in which I shall use details only so far as they may illustrate principles.


2020 ◽  
Vol 175 ◽  
pp. 15032
Author(s):  
Tamara Olenich ◽  
Andrei Mekushkin ◽  
Natalia Mamchits ◽  
Natia Ugrekhelidze

With the accordance to the formation of the psychological portrait of contemporary Russian youth in the sociocultural space, the author’s hypothesis is that in the modern conditions of sociocultural communicative competence, the sociocultural space becomes a necessary aspect in the development of the socialization of the Russian students. The object of the study is the Russian student youth, and the subject is an analysis of the nature of the influence of sociocultural communicative competence on the Russian youth socialization. Such social factors as: the influence of the place of residence on the level of student competence; the influence of place of residence on the level of claims; the influence of parental capital on the level of academic performance and level of professional claims; the effect of income on competence and the effect of income on professional claims, are necessary elements for students to achieve their goal, namely to receive an elite education, based on the base they have. The results showed that the higher education of the parents and the status of the university they graduated from creates a more favorable ground for the successful career of their children. Personal experience of parents determines the ability to choose the level of professional claims of students.


Archaeologia ◽  
1777 ◽  
Vol 4 ◽  
pp. 182-189
Author(s):  
John Charles Brooke
Keyword(s):  

As you expressed a desire at the last meeting of the Society to receive any information that would help to elucidate the device upon the curious Seal Ring belonging to Sir Richard Worsley, bart. which was then produced, I have sent you the following conjectures upon the subject.


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