The Condition and Progress of German Life Insurance Companies in the Year 1873

1875 ◽  
Vol 19 (1) ◽  
pp. 42-55
Author(s):  
A. Emminghaus ◽  
D. A. Bumsted

The progress of life insurance in Germany in the year 1873 was far greater than could have been anticipated from the course of events during the year. For at a time of violent reaction, such as Germany and Austria experienced in the past year, succeeding a period during which mercantile speculations had been engaged in with such frantic eagerness by all classes of the community, we should not have expected to find men either willing or able to give that calm and self-denying consideration to the future, upon which life insurance depends. With the necessaries of life at exorbitant prices, it was natural to suppose that there would be a considerable diminution in the number of those who, after meeting the claims of the day, would be able to provide for the future. While the general state of society thus led to the conclusion that there would be a diminution in the number of insurances, there was also reason to fear that the mortality would be greatly increased through the recent outbreak of cholera, which extended over a large district, and held its ground very firmly for some time. In both respects, the returns for 1873 were more favourable than we expected; and this furnishes another proof of the fact that, in those parts of central Europe from which our returns are derived, life insurance has not yet become so general, that all the occurrences of domestic and social life, or even events involving important changes, have any distinct influence upon its development. It cannot be denied that in Germany, Austria, and Switzerland, life insurance is not nearly so well understood as in Great Britain and the United States.

1871 ◽  
Vol 16 (2) ◽  
pp. 77-98 ◽  
Author(s):  
T. B. Sprague

The past session of Parliament has witnessed the passing of an Act for the regulation of Life Assurance Companies in the United Kingdom, which, while introducing great changes in the law, still stops very far short of the system of legislation which has been for several years in operation in a few of the United States of America, and which is warmly approved of and urgently recommended for adoption by some persons in this country. The present may therefore be considered a fitting time for reviewing what has been done and considering whether any further legislation is desirable, and if any, of what nature it should be.


1938 ◽  
Vol 12 (5) ◽  
pp. 65-75
Author(s):  
J. Owen Stalson

Colonial America gave little thought to life insurance selling. The colonists secured protection against marine risks from private underwriters, first in London, eventually at home. It has been asserted that Philadelphia had no fire insurance until 1752; Boston none before 1795. The first corporations formed in this country for insuring lives were those of the Presbyterian Ministers Fund (1759) and a similar company organized for the benefit of Episcopal ministers (1769). Neither of these corporations offered insurance to the general public. In the last decade of the eighteenth century many insurance companies were formed in the United States. At least five were chartered to underwrite life risks, but only one, The Insurance Company of North America, appears to have accepted any. There is no basis for saying that any of these early companies tried to sell life insurance.


2020 ◽  
Vol 2020 (3) ◽  
pp. 5-23
Author(s):  
Grzegorz W. Kolodko ◽  

The huge leap made by the Chinese economy over the past four decades as a result of market reforms and openness to the world is causing fear in some and anxiety in others. Questions arise as to whether China’s economic success is solid and whether economic growth will be followed by political expansion. China makes extensive use of globalization and is therefore interested in continuing it. At the same time, China wants to give it new features and specific Chinese characteristics. This is met with reluctance by the current global hegemon, the United States, all the more so as there are fears that China may promote its original political and economic system, "cynicism", abroad. However, the world is still big enough to accommodate us all. Potentially, not necessarily. For this to happen, we need the right policies, which in the future must also include better coordination at the supranational level.


Author(s):  
Bettina Mahlert

AbstractThe paper provides insights on the contemporary relevance of Talcott Parsons’s writings by analyzing 20 textbooks from Austria, Germany, Great Britain and the United States, published in 1999–2019. Whether having knowledge of Parsons is helpful to today’s students and other interested readers, and what knowledge, deserves consideration. Therefore , the paper asks: Which future gains of readers did textbook authors envision when they chose, in their own present, to discuss (or not) sociological writings from long ago? In order to understand what future opportunities authors wanted to create for readers, as well as how they chose to discuss Parsons to this end, the paper draws on Niklas Luhmann’s notion of memory. The analysis reveals several key competencies that student and other interested readers might acquire through having knowledge of Parsons’ writings and its critiques. These potentials would have gone unnoticed if authors had assessed Parsons’s relevance only according to whether he adequately considered conflict or not, as has been done in many debates about his work until today. Moreover, through analyzing how authors remembered Parsons, I distilled two key selective criteria: First, what must be remembered in order to enable readers to acquire those competencies? Second, which memories would be impeding for readers and thus be better left out? These criteria are relevant for research, as well. Looking at the future, it would be desirable that sociologists let Parsons assist them in their research in many different ways, if possible. As a result, we might see a revival of Parsons that enables genuine advancement.


PMLA ◽  
2000 ◽  
Vol 115 (7) ◽  
pp. 1961-1964
Author(s):  
James D. Fernández

In december 1826, a young bostonian on a grand tour of Europe received a letter from his father, offering the following advice: “Such are the relations now existing between this country and Spanish America that a knowledge of the Spanish is quite as important as French. If you neglect either of these languages, you may be sure of not obtaining the station which you have in view.” The son received the letter in Paris, heeded his father's advice, and headed straight for Madrid. Some four months later he would write back from the capital of Spain, “I have not seen a city in Europe which has pleased my fancy so much, as a place of residence” (Helman 340).


1982 ◽  
Vol 38 (1) ◽  
pp. 20-50
Author(s):  
C. Edwin Gilmour

A central theme of contemporary literature on American political parties—a theme with a broad consensus that is uncommon in the discipline—is that the party system of the United States is in transition due to significant changes within the past two decades that distinguish the operation of today's party system from what it was before 1960. However, consensus is lacking as to the implications of these changes for the future status of the American party system. This paper has four broad objectives: 1. to review briefly the phenomenon of party re-alignment in American history as a useful perspective on the present party era; 2. to identify and discuss significant alterations in the party system since 1960 ; 3. to note various scenarios in the literature concerning the future of the parly system in ‘the United States and 4. to hazard a personal assessment of the scenarios as to their plausibility and probability.


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