The Investments of Life Insurance Companies (Classic Reprint)

Download or read book The Investments of Life Insurance Companies (Classic Reprint) written by Lester W. Zartman and published by Forgotten Books. This book was released on 2017-09-13 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Investments of Life Insurance Companies After 1800 companies began to be organised to carry on the business of life insurance. Up to 1835, no com pany was organised and succeeded which had for its sole purpose the insuring of lives, but three important trust companies of the present day were incorporated be tween 1812 and 1833 which had the power among others of insuring lives. All three for some time did do a small life insurance business. In addition to these three trust and insurance companies combined, a num ber of the more prominent fire insurance companies did some Writing of life insurance. However, all the companies were proprietary companies organised chiefly for other purposes than life insurance and so far as they influenced life insurance history in this country did little more than to prove definitely that insurance of lives could be carried out as a business proposition. The thirty-five years following 1800 can best be designated as the experimental period in the business in the United States. 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.