A History of British Actuarial Thought by Craig Turnbull
English | 29 Mar. 2017 | ISBN: 3319331825 | 345 Pages | PDF | 3.01 MB
English | 29 Mar. 2017 | ISBN: 3319331825 | 345 Pages | PDF | 3.01 MB
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.