Official Report of the Proceedings of the National Insurance ..., volume 1
Official Report of the Proceedings of the National Insurance ..., volume 1
National Insurance Convention of the United States
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I have always regarded the name of this table as slightlv inappropriate. It is not of my own selection. I had never given the table a name ; and It was called by that name more for the purpose of a designation at the time of a visit that I made with my friend, Mr. Barnes, to Boston, some four or five years ago, which was undertaken at the request of our cxmipanies here for the purpose of securing uniformity in the basis or standard of valuation. In that discussion with Mr. Sanford, the then com...missioner, the various tables were considered, our standard in New York being the English table number three, and five per cent interest; their table at that time being the Actuaries, or Combined Experience Mortality, and four per cent interest And with a view of making their standard uniform, in the hope that Massachusetts would follow, my table, which until then was in manuscript, was suggested, and met the approval of the gentlemen who were there. I cordially agree with what Mr. Cfarke has said with reference to the importance of confirming or refuting the result of that table by continued experience.
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