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Articles on actuarial history by actuaries

The following are selected journal articles written by members of the actuarial profession on actuarial, insurance and pensions history available within the IFoA website document library

Please see Selected books and papers on actuarial history and pioneers for a fuller list of books and papers on these topics. The articles below appear in Journal of the Institute of Actuaries (JIA), Transactions of the Faculty of Actuaries (TFA), British Actuarial Journal (BAJ) and Annals of Actuarial Science (AAS).

Actuarial pioneers and actuaries:

The 'Actuary', actuarial profession and work

Demography, mortality and life tables

Finance, interest and annuities (early evidence of mathematics addressing life contingencies)

  • Hendriks, F. (1851-1853). Contributions to the history of insurance, and of the theory of life contingencies, with a restoration of the grand pensionary De Wit's 'Treatise of life annuities'. Part I. JIA (1851-1853) 2: 121-150;  Part II. JIA (1851-1853) 2: 222-258; Part III. JIA (1851-1853) 3: 93-120.
  • Lewin, C.G. (1970). An early book on compound interest. JIA 96: 121-132. [Richard Witt's 'Arithmeticall Questions']
  • Lewin, C.G. (1981). Compound interest in the seventeenth century. JIA 108: 422-442.

(History of) Insurance, life insurance and reinsurance

  • Hendriks, F. (1853-1854). On the first Parliamentary Committee of Insurance, with remarks illustrative of other facts connected with the history of insurance. Part I. JIA 4: 58-60; Part II. JIA 4: 119-131; Part III. JIA 4: 300-359.
  • Hendriks, F. (1862). Notes on the early history of tontines. JIA 10: 205-219.
  • Walford, C. (1884-1887). History of life assurance in the United Kingdom. Part I. JIA 25: 114-133; Part II. JIA 25: 207-216; Part III. JIA 25: 257-271; Part IV. JIA 25: 433-437;  Part V. JIA 26: 1-24; Part VI. JIA 26: 120-132; Part VII. JIA 26: 302-315; Part VIII. JIA 26: 436-465

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  • Webinar: Extreme Mortality Events – How Bad is Coronavirus?

    Worldwide
    20 April 2020

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    This new topical webinar presented by Chair of the Life Board of the Institute and Faculty of Actuaries, Colin Dutkiewicz, will explore:

    What is an extreme mortality event?

    How does the current Covid-19 outbreak compare with other extreme mortality events?

    What is the impact of this outbreak for insurers – and the wider economy?

    What can we expect to happen next?

  • Current Issues in General Insurance (CIGI) 2020

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    22 April 2020

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    Due to the COVID-19, we will be running this programme via a series of webinars commencing 22 April.  

    CIGI is a well-established seminar designed to increase awareness and encourage discussion on a variety of topical issues across the general insurance industry. 

  • CIGI Webinar - Jumping the Gap - Updating Embedded Systems

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    22 April 2020

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  • CIGI Webinar - Climate Change Risk in Insurance and Reinsurance

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    Pressure on organisations to address climate change risks is intensifying. But what does this really mean for insurers? In this session Adhiraj Maitra and Gareth Sutcliffe will look at the why, the what and the how of this risk through a number of different lenses including regulatory, principle and resilience.

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  • CIGI Webinar - Are you Vulnerable ?

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    27 April 2020

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    With ever increasing focus from the FCA on pricing practices and the relationship between insurers and their customers, it is critical to ensure appropriate controls are in place. This presentation summarises the latest developments in the market and showcases practical approaches to mitigate the risk of poor customer outcomes in pricing, with a particular focus on protecting vulnerable customers.’

  • CIGI Webinar - An Update for Property and Casualty Reinsurance Renewals 2020

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    This webinar provides an update on renewal pricing outcomes for Property and Casualty markets at the latest 1/1 reinsurance renewals with the focus being on capacity availability and price drivers.  These issues include, but are not limited to, the cat bond market, wider trends in claims outcomes, trends in Casualty RI space that affect pricing such as social inflation, yield curve, and the reserving cycle.

  • CIGI Webinar - Current Issues in Personal Injury Modelling

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    28 April 2020

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  • CIGI Webinar - Unlock the Value of IM Validation

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    30 April 2020

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    Model validation should not be a tick box exercise. It has all the right ingredients to be a value adding exercise that can help senior management understand what really drives the business from a risk and capital perspective. Model validation can be a stressful, bloated process - and may not be as value adding as it could be. 

  • CIGI Webinar - Improving Customer Outcomes through Pricing

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    The FCA’s interim report into general insurance pricing practices has brought into focus a number of market wide issues including:

    Price walking • Poor governance • Higher prices for potentially vulnerable customers • Higher prices for less aware customers

  • CANCELLED The Global Actuarial Profession

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    30 April 2020

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    We are sorry that this event has been cancelled.

    The IFoA's policy regarding COVID-19 is designed to safeguard the well-being of members and employees. As stated within the policy, the IFoA is reviewing its events programme on a case-by-case basis.

  • CIGI Webinar - IFRS 17 Working Party Deep Dive

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    1 May 2020

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    The IFRS 17 Working Party have been producing a number of deep dive papers, these include topics such as risk adjustment, impact of disclosures on how uncertainty is perceived, deferring acquisition costs over renewals, PAA eligibility and more. 

  • SIAS Event: Cyber Insurance

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    4 May 2020

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    Due to the COVID-19, this event will be postponed. The new date TBC.

    The talk will cover:
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    • Customer impressions of cyber security and how you can help them
    • Threats to evaluating insurable losses and responding to claims
    • How cyber insurance policies have evolved, and need to continue to do so

  • Finance and Investment Conference 2020

    Royal College of Physicians, 11 St Andrews Pl, London NW1 4LE
    05-05 May 2020
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    Due to COVID-19, we are running this programme via a series of webinars commencing 5 May.

    The environmental, social and governance (ESG) space is growing rapidly and increasingly moving centre stage. In many cases, it is now an essential part of policy and central to the way stakeholders make decisions for the long term to ensure retention of clients, manage risk better, and ensure more economically efficient and sustainable investment returns.

    ESG factors cover a wide range of areas reflecting how vital consideration of these factors are part of wider systemic risks.

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  • Professional Skills Training - Edinburgh (19 May 2020)

    IFoA (Edinburgh), Level 2, Exchange Crescent 7 Conference Square Edinburgh EH3 8RA
    19 May 2020

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    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020.  This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • Professional Skills Training - London (19 May 2020)

    Staple Inn, High Holborn, London WC1V 7QJ         
    19 May 2020

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    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020.  This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • CILA 2020

    Royal College of Physicians, 11 St Andrews Pl, London NW1 4LE
    20 May 2020

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    Thank you for your patience and understanding.

  • Protection, Health and Care Conference 2020

    The Grand Brighton, 97-99 Kings Rd, Brighton BN1 2FW
    02-03 June 2020
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    The Protection, Health and Care Conference is an annual conference aimed at all insurance professionals with a passion for harnessing insurance risk in their organisations.

  • Mortality and Longevity 2020

    1 Birdcage Walk, Westminster, London SW1H 9JJ
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    This highly regarded seminar will provide topical and practical updates and discussion on the latest thinking and innovations in mortality and longevity.  The program is designed for life, pensions and health and care actuaries, academics, researchers, underwriters and related practitioners eager to learn about the latest developments in mortality and longevity.  The sessions are designed to be very accessible to a broad range of exp

  • Professional Skills Training - London (10 June 2020)

    Staple Inn, High Holborn, London WC1V 7QJ       
    10 June 2020

    Spaces available

    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020.  This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • Professional Skills Training - Edinburgh (17 June 2020)

    IFoA (Edinburgh), Level 2, Exchange Crescent 7 Conference Square Edinburgh EH3 8RA
    17 June 2020

    Spaces available

    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020.  This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • Professional Skills Training - London (18 June 2020)

    Staple Inn, High Holborn, London WC1V 7QJ   
    18 June 2020

    Spaces available

    A Trusted Profession

    A 2 hour CPD event designed to meet the IFoA’s Stage 3 Professional Skills Training under the IFoA’s CPD Scheme 2019/2020.  This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Pensions, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • Pensions Conference 2020

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  • IFoA Asia Conference 2020, Kuala Lumpur

    CCEC Nexus, 7, Jalan Kerinchi, Bangsar South, 59200 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
    24-25 June 2020
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    This event has been postponed. A new date will be announced.

    The IFoA's policy regarding COVID-19 is designed to safeguard the well-being of members and employees. As stated within the policy, the IFoA is reviewing its events programme on a case-by-case basis.

    To this end the IFoA and their strategic partner, the AIR, have taken the decision to postpone this year's Asia Conference. A new date will be announced pending further reviews over the following months.