Leases for lives : life contingent contracts and the emergence of actuarial science in eighteenth-century England / David R. Bellhouse, University of Western Ontario
Published
Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2017
Cover; Half-Title; Title Page; Imprints Page; Dedication; Contents; Preface; Acknowledgments; 1 Introduction; 2 Mathematics and Property in the Seventeenth Century; 3 Edmond Halley's Life Table; 4 Halley's Impact or Lack of It; 5 De Moivre and His Early Influence; 6 Mathematicians as Consultants; 7 Mathematicians and Early Life Insurance Companies; 8 The Annuity Bubble of the 1760s and 1770s; 9 The Aftershocks of the Bubble, Their Impact on Life Annuities; 10 Developments in the Life Insurance Industry in the Later Eighteenth Century; 11 A Return to Roots; 12 Conclusion
Summary
This work explains the underfunding of early insurance and annuity schemes, and proposes a new view of how actuarial science developed as a discipline
