The Insurance Guide And Hand book Being a Guide to the Principles And Practice
The Insurance Guide And Hand book Being a Guide to the Principles And Practice
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" The first step towards the foundation of the Institute, " says Dr. Sprague, "appears to have been taken at the suggestion of the well-known Actuary and * /. /. A. Xxiv. , p. 229. \ J. I. A. Xxxiii. , p. 476. J J. I. A. Xxxiii. , p. 128. FORMATION OF THE INSTITUTE OF ACTUARIES. 175 manager, Mr. William Thomas Thomson. On i$th April, 1848, a meeting of 28 gentlemen, who were Actuaries or Secretaries of Life Insurance Companies, was held at the office of the Standard in London. At this meeting M...r. Thomson explained the constitution of the Managers' Association, founded in Edinburgh some fifteen years previously, and the advantages which had resulted from it. The meeting resolved ' That it appears desirable that those connected with the management of Life Insurance Institutions should have occasional opportunity of meeting together and consulting on subjects of mutual interest'; and a committee of ten was appointed to consider as to the best mode of carrying out the above, and to report.
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