Download or read book The Past Present and Future of Tontines written by Phillip Hellwege and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: A tontine may be described as a pooled life annuity. Investors buy shares, and the issuer promises to pay interest on the raised capital. The characteristic feature of tontines is that the annuities of deceased investors are shared by surviving investors. With the death of the last survivor, the issuer's obligation to pay annuities terminates and the issuer has no obligation to pay the raised capital back. Investors may use a tontine as a pension product and the issuer may use it as a means to raise capital. It is generally believed that the Italian Lorenzo Tonti (1602-1684) invented tontines and that he proposed them to Cardinal Mazarin (1602-1661) in 1653. The different authors analyse the origins of tontines, their diverse developments and careers in selected countries, their importance for the development of insurance (law), their decline in the late 19th and early 20th century and their potential as a pension product of the future
Download or read book Tontine Investment Insurance written by North America Life Insurance Company and published by . This book was released on 1873 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tontine Investment Plan of the North American Life Insurance Co Combining the Advantages of European Tontine Societies With Life and Endowment Insurance microform written by North American Life Insurance Co and published by Legare Street Press. This book was released on 2021-09-10 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important and is part of the knowledge base of civilization as we know it. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. To ensure a quality reading experience, this work has been proofread and republished using a format that seamlessly blends the original graphical elements with text in an easy-to-read typeface. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Download or read book King William s Tontine written by Moshe A. Milevsky and published by Cambridge University Press. This book was released on 2015-04-13 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book reviews the finance, economics, and history of tontines, and argues that they should be resurrected in the twenty-first century.
Download or read book Papers Relating To Tontine Insurance Issued By Connecticut Mutual Life Insurance Co 1885 1886 written by Connecticut Mutual Life Insurance Com and published by Legare Street Press. This book was released on 2023-07-18 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains papers related to tontine insurance issued by the Connecticut Mutual Life Insurance Company between 1885 and 1886. An important historical record for those interested in the development of life insurance industry in the United States, the papers cover topics such as actuarial calculations, tontine investments, and mortality rates. A must-read for historians and insurance professionals alike. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Download or read book Tontines A Practitioner s Guide to Mortality Pooled Investments written by Richard K. Fullmer and published by CFA Institute Research Foundation. This book was released on 2019-07-10 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tontines and similar mortality-pooled investment arrangements offer a useful and unique value proposition to the global retirement challenge.
Download or read book King William s Tontine written by Moshe A. Milevsky and published by Cambridge University Press. This book was released on 2015-04-13 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a time before bonds, treasury notes, or central banks, there were tontines. These were schemes in which a group of investors lent money to a government, corporation, or king, similar to a modern-day loan syndicate. But unlike conventional debt, periodic interest payments were distributed only to survivors. As tontine nominees died, the income of survivors correspondingly increased. Morbid, perhaps, but this was one of the earliest forms of longevity insurance in which the pool shared the risk. Moshe A. Milevsky tells the story of the first tontine issued by the English government in 1693, known as King William's tontine, intended to finance the war against French King Louis XIV. He explains how tontines work, the financial and economic thinking behind them, as well as why they fell into disrepute. Milevsky concludes with a provocative argument that suitably modified tontines should be resurrected for twenty-first-century retirement income planning.
Download or read book Tables of the Estimated Results of the Tontine Investment Policy Plan written by New York Life Insurance Company and published by . This book was released on 1881 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A History of Tontines in Germany written by Phillip Hellwege and published by . This book was released on 2018-10 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book You Don t Have to Die to Win If Insured in the New York Life on the Tontine Investment Plan written by New York Life Insurance Company and published by . This book was released on 1884 with total page 1 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Life Insurance as an Investment written by Equitable Life Assurance Society of the United States and published by . This book was released on 1869* with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tontine Investment Plan written by North American Life Insurance Co and published by . This book was released on 1882 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tontine Investment Policy written by New York Life Insurance Company and published by . This book was released on 1872 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Instructions to Agents May 1886 written by New York Life Insurance Company and published by . This book was released on 1886 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Non forfeitable Tontine Investment Policy of the Manufacturer s Life Insurance Co Toronto George Sleeman Insured His Sons Under this Policy Dec 20 1888 written by Sleeman Family Collection and published by . This book was released on 1883 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Story Of Life Insurance written by Burton Jesse Hendrick and published by Рипол Классик. This book was released on 1907 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Tontine written by Robert M. Jennings and published by Richard d Irwin. This book was released on 1982 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt:
