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Amicable Society For A Perpetual Assurance Office
Amicable Society for a Perpetual Assurance Office (a.k.a. "Amicable Society") is considered the first life insurance company in the world.Anzovin, p. 121 ''The first life insurance company known of record was founded in 1706 by the Bishop of Oxford and the financier Thomas Allen in London, England. The company, called the Amicable Society for a Perpetual Assurance Office, collected annual premiums from policyholders and paid the nominees of deceased members from a common fund.''Baynes, p.180 History Amicable Society was founded in London in 1706 by William Talbot (Bishop of Oxford) and Sir Thomas Allen, 2nd Baronet. The first plan of life insurance was that each member paid a fixed annual payment per share on from one to three shares with consideration to age of the members being twelve to fifty-five. At the end of the year a portion of the "amicable contribution" was divided among the wives and children of deceased members and it was in proportion to the amount of shares the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amicable Society For A Perpetual Assurance Office, Serjeants' Inn, Fleet Street, London, 1801
Amicable numbers are two different natural numbers related in such a way that the sum of the proper divisors of each is equal to the other number. That is, σ(''a'')=''b'' and σ(''b'')=''a'', where σ(''n'') is equal to the sum of positive divisors of ''n'' (see also divisor function). The smallest pair of amicable numbers is (220, 284). They are amicable because the proper divisors of 220 are 1, 2, 4, 5, 10, 11, 20, 22, 44, 55 and 110, of which the sum is 284; and the proper divisors of 284 are 1, 2, 4, 71 and 142, of which the sum is 220. (A proper divisor of a number is a positive factor of that number other than the number itself. For example, the proper divisors of 6 are 1, 2, and 3.) The first ten amicable pairs are: (220, 284), (1184, 1210), (2620, 2924), (5020, 5564), (6232, 6368), (10744, 10856), (12285, 14595), (17296, 18416), (63020, 76084), and (66928, 66992). . (Also see and ) It is unknown if there are infinitely many pairs of amicable numbers. A pair of ami ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amicable Society Coat Of Arms
Amicable numbers are two different natural numbers related in such a way that the sum of the proper divisors of each is equal to the other number. That is, σ(''a'')=''b'' and σ(''b'')=''a'', where σ(''n'') is equal to the sum of positive divisors of ''n'' (see also divisor function). The smallest pair of amicable numbers is (220, 284). They are amicable because the proper divisors of 220 are 1, 2, 4, 5, 10, 11, 20, 22, 44, 55 and 110, of which the sum is 284; and the proper divisors of 284 are 1, 2, 4, 71 and 142, of which the sum is 220. (A proper divisor of a number is a positive factor of that number other than the number itself. For example, the proper divisors of 6 are 1, 2, and 3.) The first ten amicable pairs are: (220, 284), (1184, 1210), (2620, 2924), (5020, 5564), (6232, 6368), (10744, 10856), (12285, 14595), (17296, 18416), (63020, 76084), and (66928, 66992). . (Also see and ) It is unknown if there are infinitely many pairs of amicable numbers. A pair of ami ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance Contract
In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay. In exchange for an initial payment, known as the premium, the insurer promises to pay for loss caused by perils covered under the policy language. Insurance contracts are designed to meet specific needs and thus have many features not found in many other types of contracts. Since insurance policies are standard forms, they feature boilerplate language which is similar across a wide variety of different types of insurance policies. Available through HeinOnline. The insurance policy is generally an integrated contract, meaning that it includes all forms associated with the agreement between the insured and insurer.Wollner KS. (1999). How to Draft and Interpret Insurance Policies. Casualty Risk Publishing LLC. In some cases, however, supplementary writings such as letters sent after ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William Talbot (bishop)
William Talbot (1658 – 10 October 1730) was an English Anglican bishop. He was Bishop of Oxford from 1699 to 1715, Bishop of Salisbury from 1715 to 1722 and Bishop of Durham from 1722 to 1730. Life The son of William Talbot of Lichfield, by his wife Mary, daughter of Thomas Stoughton of Whittington, Worcestershire, he was born at Stourton Castle, Staffordshire, around 1659. On 28 March 1674 he matriculated as a gentleman commoner at Oriel College, Oxford, and graduated B.A. on 16 October 1677, and M.A. on 23 June 1680. Talbot's first preferment was the rectory of Burghfield, Berkshire (1682), a living in the gift of his kinsman, Charles Talbot, 1st Duke of Shrewsbury. The deanery of Worcester was vacant after the deprivation of George Hickes as a nonjuror, and Shrewsbury's interest secured the appointment of Talbot in April 1691. Hickes drew up a protest (2 May) claiming a "legal right", which he affixed to the entrance to the choir of Worcester Cathedral. John Tillotson then ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sir Thomas Allen, 2nd Baronet
''Sir'' is a formal honorific address in English for men, derived from Sire in the High Middle Ages. Both are derived from the old French "Sieur" (Lord), brought to England by the French-speaking Normans, and which now exist in French only as part of "Monsieur", with the equivalent "My Lord" in English. Traditionally, as governed by law and custom, Sir is used for men titled as knights, often as members of orders of chivalry, as well as later applied to baronets and other offices. As the female equivalent for knighthood is damehood, the female equivalent term is typically Dame. The wife of a knight or baronet tends to be addressed as Lady, although a few exceptions and interchanges of these uses exist. Additionally, since the late modern period, Sir has been used as a respectful way to address a man of superior social status or military rank. Equivalent terms of address for women are Madam (shortened to Ma'am), in addition to social honorifics such as Mrs, Ms or Miss. Etymolo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norwich Union
Norwich Union was the name of insurance company Aviva's British arm before June 2009. It was originally established in 1797. It was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. On 29 April 2008, Aviva announced that the Norwich Union brand would be phased out and disappear over a period of two years, on the grounds that a consistent Aviva brand would bring "global impact". On 1 June 2009, Norwich Union was rebranded as Aviva. History Norwich Union was founded in 1797 in Norwich, when 36-year-old merchant and banker Thomas Bignold formed the "Norwich Union Society for the Insurance of Houses, Stock and Merchandise from Fire", a mutual society owned by the policyholders who received a share of the profits.Aviva: Timeline This in turn became known as the Norwich Union F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Life Insurance
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person (often the policyholder). Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policyholder typically pays a premium, either regularly or as one lump sum. The benefits may include other expenses, such as funeral expenses. Life policies are legal contracts and the terms of each contract describe the limitations of the insured events. Often, specific exclusions written into the contract limit the liability of the insurer; common examples include claims relating to suicide, fraud, war, riot, and civil commotion. Difficulties may arise where an event is not clearly defined, for example, the insured knowingly incurred a risk by consenting to an experimental m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1706 Establishments In England
Seventeen or 17 may refer to: *17 (number), the natural number following 16 and preceding 18 * one of the years 17 BC, AD 17, 1917, 2017 Literature Magazines * ''Seventeen'' (American magazine), an American magazine * ''Seventeen'' (Japanese magazine), a Japanese magazine Novels * ''Seventeen'' (Tarkington novel), a 1916 novel by Booth Tarkington *''Seventeen'' (''Sebuntiin''), a 1961 novel by Kenzaburō Ōe * ''Seventeen'' (Serafin novel), a 2004 novel by Shan Serafin Stage and screen Film * ''Seventeen'' (1916 film), an American silent comedy film *''Number Seventeen'', a 1932 film directed by Alfred Hitchcock * ''Seventeen'' (1940 film), an American comedy film *''Eric Soya's '17''' (Danish: ''Sytten''), a 1965 Danish comedy film * ''Seventeen'' (1985 film), a documentary film * ''17 Again'' (film), a 2009 film whose working title was ''17'' * ''Seventeen'' (2019 film), a Spanish drama film Television * ''Seventeen'' (TV drama), a 1994 UK dramatic short starring Christien ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1706
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
