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Life Insurance

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Abstract

Life assurance falls into the two main branches of industrial life and ordinary life, and in this chapter we shall examine their respective performance during the second half of the twentieth century. Ordinary life includes pensions business. Total ordinary life premiums amounted to £203.9m in 1950; by 1964 they had reached £501m, of which overseas business accounted for 13.9 per cent of the total ordinary life premiums, and they grew substantially thereafter to reach 18 per cent by 2006.

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© 2009 Robert L. Carter OBE and Peter Falush

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Carter, R.L., Falush, P. (2009). Life Insurance. In: The British Insurance Industry Since 1900. Palgrave Macmillan Studies in Banking and Financial Institutions. Palgrave Macmillan, London. https://doi.org/10.1057/9780230239524_6

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