| Abstract: | Abstract Extract Owing to the low premium rates used by Norwegian Life Insurance Companies, the solution of the question relating to the covering of the war-risk offers, in their case, peculiar difficulties. In their proposal for a new basis of calculations the Norwegian actuaries pointed to the desirability of the Companies trying, to a greater extent than heretofore, to arrive at the full payment, in case of a war, of claims arising from deaths among insured persons participating in the war. Most of the Norwegian Companies introduced the new calculations from Jan. 1st 1925, the proposal of the minority as to loading having been adopted. Only one of the companies, the Idun, granted to its policyholders the right to full indemnity in case of death in war, and this right was given on the basis of a special regulation for the allotment of profits. |
