Show I I Annuities Were Issued in Early nian Times Historically s 's s antedate life Insurance by far tar II It Is thought that Hint the great of banking Ca- Ca fa facilities a- a In Assyria am an must have bave provided ann Hies lUes lies The Tho first mention of ot them however was ns 90 10 40 B D C in Rom nom and Is 1 of sili ah character as a to ju jus fy a n belief that the they had been heen long Ions I i us use In the Middle age agen kingdoms mu- mu municIpalitIes mu municipalities and b Makers bankers obtained money by sellin selling nn an annuities ulUes for tor lite life or terms of years Jears It w paid said that ED Eng Eng- England's Eng lands land's national existence during the wars of William Wllliam existence of ot grange range was large large- largely largely largely ly maintained throe the money o ob oh obtained tanned b by sellin selling II a At first t the the values of ot such were de- de det determined de determined t without scientific calculation lion tion niter after a n while he e Northampton mortality table tae ras compiled and used as a baste basis and I liter ter the Carlisle table but both then bases basea were far too favorable to the Several Se British took ad advantage au- au vantage of the very l w price at which theIr government o anted annulUs annuities and purchased man on the lI e lives of sturdy but payable payable to theIr corporate selves end and thus made large e profits In 1810 an I IEnglish I English actuary warned the go ern government ent that It was losIng losing a n month but lie he was not heeded until 1827 when when another nc acc announced lint the government was vas lo losing jC 1000 a n we week k and then the sale le of stopped lif- lif lifter after af after ter an estimated total loss of ot Worlds World's Worlds World's Work t |