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The actuaries of a number of life assurance companies established the Institute of Actuaries in London on the 8th of July 1848. The Institute of Actuaries was the oldest actuarial professional body in the world. In July 1884, the Institute of Actuaries was granted a royal charter. The royal charter confirmed the institute's role and the right ...
The Institute and Faculty of Actuaries came into being on 1 August 2010 as a result of the merger of the Institute of Actuaries (established in 1848) and the Faculty of Actuaries in Scotland (established in 1856) after voting members of both bodies voted to merge their respective organisations in a ballot held on 25 May 2010.
The Society of Actuaries (SOA) is a global professional organization for actuaries. It was founded in 1949 as the merger of two major actuarial organizations in the United States: the Actuarial Society of America and the American Institute of Actuaries. [1] It is a full member organization of the International Actuarial Association. [2]
Wesley S. B. Woolhouse (1809–1893), English, co-founder of the Institute of Actuaries James Joseph Sylvester (1814–1897), English Ole Jacob Broch (1818–1889), Norwegian , founded Christiania almindelige gjensidige Forsørgelsesanstalt , Scandinavia 's first life insurance company
The Faculty of Actuaries was one of two actuarial bodies in the UK, the other was the Institute of Actuaries, which was a separate body in England, Wales and Northern Ireland. While the Faculty of Actuaries and the Institute of Actuaries were separate institutions, they worked very closely together, and the professional qualifications and ...
Gladys resigned from Prudential in April 1927, shortly before she married John Brooker, and she formally resigned as a Fellow of the Institute of Actuaries in October 1927. [10] [4] After their marriage, she became a housewife and had two daughters. [11] Gregory died on 16 November 1981 in Wokingham, Berkshire. [12] [13]
William Matthew Makeham (11 September 1826 – 17 November 1891) was an English actuary and mathematician.. Makeham was responsible for proposing the age-independent Makeham term in the Gompertz–Makeham law of mortality that, together with the exponentially age-dependent Gompertz term, was one of the most effective theories to describe human mortality.
Most trainee actuaries study while working for an actuarial employer using resources provided by ActEd (The Actuarial Education Company, a subsidiary of BPP Actuarial Education Ltd.), which is contracted to provide actuarial tuition for students on behalf of Institute and Faculty Education Ltd (IFE), a subsidiary of the Institute and Faculty of ...