ASA – Actuarial Society of America

1889-1890 - ASA - Papers and Transactions of the Actuarial Society of American - For the Years 1889 and 1890 - In Four Parts, Now Bound Together, with Index - [GooglePlay]
1918 - ASA - History of the Foundation of the Actuarial Society of America. Volume XIX, Nos. 59, 60 -
- " The work of science is to substitute facts for appearances and demonstrations for impressions. " -RUSKIN
- Address of the President, Henry Mohr: Ambition and Social Service
  - Our Transactions and libraries contain in summarized form the work of our predecessors, so that our students can absorb the information thus bequeathed; and starting with this store of accumulated knowledge, from this advanced point, they may then launch themselves forward while still governed by vigorous enthusiasm, in research or experiment along new and undeveloped lines.

1890 0424 - Actuarial Society of America - The Value of "New Blood" in Life Insurance, by Bloomfield J. Miller - p5-8
- By the value of "New Blood" the writer means the pecuniary benefit which the old members of a life insurance company derive from the accession of newly selected lives, who will contribute at the average rate to the payment of death claims, while the death rate among those new members will be materially below the death rate obtaining among those who have been insured long enough to have eliminated the appreciable effect of the selection to which they were originally subjected.
- If the death rate among insured lives was always neither above nor below the theoretical rate established by the table of mortality on which premiums are based, new business would still have a considerable value, for without it the companies would gradually go out of existence, and the public would be deprived of the transcendent benefits which Life Insurance confers on the individual exposed to the uncertainties of life.