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.

All labels observed (3)

How this entity was disambiguated

Statements (44)

Predicate Object
instanceOf British company
insurance company
mutual life insurance society
alsoKnownAs Equitable Life
Equitable Life Assurance Society
The Equitable
basedIn London
linked to: London, England
country Kingdom of Great Britain
United Kingdom
era 18th century
Industrial Revolution
fieldOfWork actuarial science
life assurance
foundedBy Edward Rowe Mores
James Dodson
Samuel Brown
Thomas Simpson
William Morgan
hasBusinessModel mutualization of risk among policyholders
hasCustomer policyholders seeking life assurance
hasKeyPerson Edward Rowe Mores
James Dodson
William Morgan
hasMainActivity life assurance on lives and survivorships
headquartersLocation London
linked to: London, England
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
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

How these facts were elicited

Referenced by (6)

Full triples — surface form annotated when it differs from this entity's canonical label.

Observations on Reversionary Payments associatedWith Society for Equitable Assurances on Lives and Survivorships
Equitable Building (Chicago) namedAfter Equitable Life Assurance Society
linked to: Society for Equitable Assurances on Lives and Survivorships
Equitable Building developer Equitable Life Assurance Society
linked to: Society for Equitable Assurances on Lives and Survivorships
Society for Equitable Assurances on Lives and Survivorships alsoKnownAs Equitable Life
linked to: Society for Equitable Assurances on Lives and Survivorships
Society for Equitable Assurances on Lives and Survivorships alsoKnownAs Equitable Life Assurance Society
linked to: Society for Equitable Assurances on Lives and Survivorships
William Morgan (actuary) employer Equitable Life Assurance Society
linked to: Society for Equitable Assurances on Lives and Survivorships