Abstract
SIX papers relating to problems of life insurance, read to the Economic Section of the American Association for the Advancement of Science last December, are printed in the Scientific Monthly for April of these, the most important, in view of what has happened since it was read, is that by Prof. Huebner, of the University of Pennsylvania, on “Life Insurance and the War. For all the belligerents he finds that the financial effects of the war on the companies by depreciation of investments have been serious. For England and Canada the war claims have been between 11 and 12, per cent, of the total claims, which is a favourable experience; for the enemy countries little information is to be had. The same observation applies to the terms upon which companies undertake war risks. The after-effects of the war on the health of survivors must not be overlooked. The author urges that the companies should have latitude to charge such extra premiums as may be necessary, but that the burden should to some extent be borne by the community as a whole.
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Economics of Life Insurance . Nature 99, 215–216 (1917). https://doi.org/10.1038/099215a0
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DOI: https://doi.org/10.1038/099215a0