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Principles of Political Economy, Vol. 2

Note 237a-12 — Chapter III

John J. (John Joseph) Lalor translation

On the premium associations, Bernoulli Ueber die Vorzüge der gegenseitige Brandasscuranzen vor Prämiengesellschaften, 1827. Per contra, Masius, Lehre der Versicherung und Statische Nachweisung aller V. Anstalten in Deutschland, 1846. In Prussia, premium associations are growing more rapidly than mutual: the per capita amount on the whole population insured in the former against damage from fire in 1861 was 116.6 thalers; in 1866, 154.2; in 1869, 176.6; in the latter in 1861, 103.5; 1866, 124.3; 1869, 154.3 thalers. (Engel, Statist. Zeitschr., 1868, 268 ff.; 1871, 284 ff.) In France, in the former, in 1857, almost 36 milliards of francs; in the latter, in 1864, 13 milliards. (Mitth., 1871, 51.)

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