Society for Equitable Assurances on Lives and Survivorships
E645455
The Society for Equitable Assurances on Lives and Survivorships was an early British mutual life insurance society, founded in the 18th century, that pioneered actuarial science and modern life assurance practices.
Statements (44)
| Predicate | Object |
|---|---|
| instanceOf |
British company
ⓘ
insurance company ⓘ mutual life insurance society ⓘ |
| alsoKnownAs |
Equitable Life
NERFINISHED
ⓘ
Equitable Life Assurance Society NERFINISHED ⓘ The Equitable NERFINISHED ⓘ |
| basedIn | London NERFINISHED ⓘ |
| country |
Kingdom of Great Britain
ⓘ
United Kingdom ⓘ |
| era |
18th century
ⓘ
Industrial Revolution NERFINISHED ⓘ |
| fieldOfWork |
actuarial science
ⓘ
life assurance ⓘ |
| foundedBy |
Edward Rowe Mores
NERFINISHED
ⓘ
James Dodson NERFINISHED ⓘ Samuel Brown NERFINISHED ⓘ Thomas Simpson NERFINISHED ⓘ William Morgan NERFINISHED ⓘ |
| hasBusinessModel | mutualization of risk among policyholders ⓘ |
| hasCustomer | policyholders seeking life assurance ⓘ |
| hasKeyPerson |
Edward Rowe Mores
NERFINISHED
ⓘ
James Dodson NERFINISHED ⓘ William Morgan NERFINISHED ⓘ |
| hasMainActivity | life assurance on lives and survivorships ⓘ |
| headquartersLocation | London NERFINISHED ⓘ |
| historicalSignificance |
model for later life insurance companies
ⓘ
one of the earliest organizations to apply actuarial methods systematically ⓘ |
| inception | 1762 ⓘ |
| industry | life insurance ⓘ |
| influenced |
development of modern insurance regulation
ⓘ
professionalization of actuaries ⓘ |
| languageOfWorkOrName | English ⓘ |
| legalForm | mutual society ⓘ |
| locatedInTheAdministrativeTerritorialEntity | England NERFINISHED ⓘ |
| notableFor |
being one of the first mutual life assurance societies
ⓘ
developing modern life assurance practices ⓘ early use of actuarial valuation of liabilities ⓘ introduction of level premiums based on age ⓘ pioneering actuarial science ⓘ use of mortality tables in premium calculation ⓘ |
| operatedAs | policyholder-owned mutual ⓘ |
| used |
compound interest calculations
ⓘ
life contingencies mathematics ⓘ mortality tables ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.
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Society for Equitable Assurances on Lives and Survivorships
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