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A History of British Actuarial Thought
Paperback
Business GeneralEconomicsInvesting & Finance
ISBN13: 9783319814476
Publisher: Palgrave MacMillan
Published: Jul 17 2018
Pages: 345
Weight: 1.11
Height: 0.75 Width: 6.14 Depth: 9.21
Language: English
In the first book of its kind, Turnbull traces the development and implementation of actuarial ideas, from the conception of Equitable Life in the mid-18th century to the start of the 21st century. This book analyses the historical development of British actuarial thought in each of its three main practice areas of life assurance, pensions and general insurance. It discusses how new actuarial approaches were developed within each practice area, and how these emerging ideas interacted with each other and were often driven by common external factors such as shocks in the economic environment, new intellectual ideas from academia and developments in technology.
Actuaries have played a profoundly influential role in the management ofthe United Kingdom's most important long-term financial institutions over the last two hundred years. This book will be the first to chart the influence of the actuarial profession to modern day. It will prove a valuable resource for actuaries, actuarial trainees and students of actuarial science. It will also be of interest to academics and professionals in related financial fields such as accountants, statisticians, economists and investment managers.
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