- Institute of Actuaries
- One of the two professional bodies in the UK to which actuary belong. To become an actuary it is necessary to qualify as a fellow of one or the other. The roots of the profession go back to 1756, when a Fellow of the Royal Society, James Dodson, produced the first table of premiums for life assurance, after having been turned down for an assurance policy on the grounds of his age. The Institute is in London; the other organization, the Faculty of Actuaries, is based in Edinburgh.
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Institute of Actuaries — ˌInstitute of ˈActuaries noun ACCOUNTING ORGANIZATIONS a British professional organization for Actuaries (= people whose job is to calculate risks, in order to advise insurance companies etc) * * * Institute of Actuaries UK US noun ► INSURANCE in … Financial and business terms
Institute of Actuaries — The Institute of Actuaries is one of the two professional bodies representing actuaries in the United Kingdom. The Institute is based in England, while the other body, the Faculty of Actuaries, is based in Scotland. While the Institute and… … Wikipedia
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Faculty of Actuaries — The Faculty of Actuaries in Scotland is the professional body representing actuaries in Scotland. The Faculty of Actuaries is one of two actuarial bodies in the UK, the other is the Institute of Actuaries, which is a separate body in England,… … Wikipedia