Papers and reports

Following a brief outline of the origins of the actuarial profession in the United Kingdom, the paper traces the involvement of actuaries in the supervision of insurance in the UK, and recalls the origins and early development of actuaries in government. In 1919, the Government Actuary’s Department (GAD) was formed, and the paper explores the developing role of GAD in the supervision of insurance and how insurance supervision has evolved into a close partnership between the actuarial profession and the supervisors.

Continuing process of updating company classifications. Sixty constituents deleted during 1991 - more as a result of casualty rule than those taken over. Only forty eight replaced - reflecting difficulty in finding suitable new non-industrial constituents. No end of the year group changes at the end of the year - for the first time since end-1988.