The Marine And General Mutual Life Assurance Society
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The Marine And General Mutual Life Assurance Society
The Marine and General Mutual Life Assurance Society, previously known as MGM Assurance, was established in 1852. The company was dissolved on 10 July 2018, following the transfer of business to Scottish Friendly on 1 June 2015. The society was Great Britain's longest-registered company and holds the company registration number 00000006. Origins When the society was started, seamen of the day were charged more for life assurance if they were teetotal, as water was considered by insurance companies of the 1830s and 1840s to be a dangerous element – both for its sanitary condition and volatile nature. This prompted the creation of the ''United Kingdom Temperance and General Provident Association'' in 1841 – which went on to champion longevity due to abstinence of alcohol on a seafaring voyage and a consequential reduction in premiums. The brain-child of the teetotal Robert Warner, this initial foray into the assurance market grew into ''The Marine Life and Casualty Mutual Assura ...
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Worthing
Worthing () is a seaside town in West Sussex, England, at the foot of the South Downs, west of Brighton, and east of Chichester. With a population of 111,400 and an area of , the borough is the second largest component of the Brighton and Hove built-up area, the 15th most populous urban area in the United Kingdom. Since 2010, northern parts of the borough, including the Worthing Downland Estate, have formed part of the South Downs National Park. In 2019, the Art Deco Worthing Pier was named the best in Britain. Lying within the borough, the Iron Age hill fort of Cissbury Ring is one of Britain's largest. The recorded history of Worthing began with the Domesday Book. It is historically part of Sussex in the rape of Bramber; Goring, which forms part of the rape of Arundel, was incorporated in 1929. Worthing was a small mackerel fishing hamlet for many centuries until, in the late 18th century, it developed into an elegant Georgian seaside resort and attracted the well-known ...
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Hugh Childers
Hugh Culling Eardley Childers (25 June 1827 – 29 January 1896) was a British Liberal statesman of the nineteenth century. He is perhaps best known for his reform efforts at the Admiralty and the War Office. Later in his career, as Chancellor of the Exchequer, his attempt to correct a budget shortfall led to the fall of the Liberal government led by William Gladstone. Early life Childers was born in London, the son of Reverend Eardley Childers and his wife Maria Charlotte (''née'' Smith), sister of Sir Culling Eardley, 3rd Baronet and granddaughter of Sampson Eardley, 1st Baron Eardley. He was educated at Cheam School under Pestalozzi and then both Wadham College, Oxford and Trinity College, Cambridge, graduating B.A. from the latter in 1850. Influential on his intellectual development were Adam Smith's theories of free trade, and capital returns. Childers then decided to seek a career in Australia and on 26 October 1850 arrived in Melbourne, Victoria along with his wife E ...
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Financial Services Companies Established In 1852
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 assessmen ...
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Financial Services Companies Of The United Kingdom
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 assessme ...
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Citywire
Citywire is a London-based financial publishing and information group. It provides news, information and insight for professional advisers and investors globally. The company specialises in tracking the performance of fund managers. Citywire is a private holdings company with over 200 employees based in London, Milan, Munich, Singapore and New York. History Citywire was founded in 1999 by business journalists from the Independent on Sunday and the Mail on Sunday. In 2001 Reuters acquired a stake in the company. Alongside Reuters, Investor Clifford Gundle also holds a large stake in the company. The company began publishing magazines in 2003 and continues to add weekly and international titles to its catalog. It publishes a variety of magazines aimed at financial advisors and asset management firms, together with daily business news. Since its launch, Citywire has expanded to become a global operation with offices in Munich, Singapore, Milan and New York. There are currently ...
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TDR Capital
TDR Capital is a British private equity firm headquartered in London, England. History TDR Capital was co-founded in 2002 by Manjit Dale, Stephen Robertson, and Tudor Capital.Company Overview of TDR Capital LLP
''Bloomberg Business''
It is located on Bentinck Street in , central London. In 2006, it was a large shareholder of the , which owned .
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Pension Income Choice Association
A pension (, from Latin ''pensiō'', "payment") is a fund into which a sum of money is added during an employee's employment years and from which payments are drawn to support the person's retirement from work in the form of periodic payments. A pension may be a "defined benefit plan", where a fixed sum is paid regularly to a person, or a "defined contribution plan", under which a fixed sum is invested that then becomes available at retirement age. Pensions should not be confused with severance pay; the former is usually paid in regular amounts for life after retirement, while the latter is typically paid as a fixed amount after involuntary termination of employment before retirement. The terms "retirement plan" and "superannuation" tend to refer to a pension granted upon retirement of the individual. Retirement plans may be set up by employers, insurance companies, the government, or other institutions such as employer associations or trade unions. Called ''retirement plans'' ...
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The Marine And General Mutual Life Assurance Society Poster From 1905
''The'' () is a grammatical article in English, denoting persons or things already mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with pronouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a consonant sound, and as (homophone of pronoun ''thee'') when followed by a v ...
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Chancellor Of The Exchequer
The chancellor of the Exchequer, often abbreviated to chancellor, is a senior minister of the Crown within the Government of the United Kingdom, and head of His Majesty's Treasury. As one of the four Great Offices of State, the Chancellor is a high-ranking member of the British Cabinet. Responsible for all economic and financial matters, the role is equivalent to that of a finance minister in other countries. The chancellor is now always Second Lord of the Treasury as one of at least six lords commissioners of the Treasury, responsible for executing the office of the Treasurer of the Exchequer the others are the prime minister and Commons government whips. In the 18th and early 19th centuries, it was common for the prime minister also to serve as Chancellor of the Exchequer if he sat in the Commons; the last Chancellor who was simultaneously prime minister and Chancellor of the Exchequer was Stanley Baldwin in 1923. Formerly, in cases when the chancellorship was vacant, the L ...
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War Secretary
The Secretary of State for War, commonly called War Secretary, was a secretary of state in the Government of the United Kingdom, which existed from 1794 to 1801 and from 1854 to 1964. The Secretary of State for War headed the War Office and was assisted by a Parliamentary Under-Secretary of State for War, a Parliamentary Private Secretary who was also a Member of Parliament (MP), and a Military Secretary, who was a general. In the nineteenth century the post was twice held by future prime minister Henry Campbell-Bannerman. At the outset of the First World War, prime minister H. H. Asquith was filling the role, but he quickly appointed Lord Kitchener, who became famous while in this position for Lord Kitchener Wants You. He was replaced by David Lloyd George, who went on to become prime minister. Between the World Wars, the post was held by future prime minister Winston Churchill for two years. In the 1960s, John Profumo held this post at the time of the Profumo affair. Hi ...
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Royal Exchange, London
The Royal Exchange in London was founded in the 16th century by the merchant Sir Thomas Gresham on the suggestion of his factor Richard Clough to act as a centre of commerce for the City of London. The site was provided by the City of London Corporation and the Worshipful Company of Mercers, who still jointly own the freehold. The original foundation was ceremonially opened by Queen Elizabeth I who granted it its "royal" title. The current building is trapezoidal in floor plan and is flanked by Cornhill and Threadneedle Street, which converge at Bank junction in the heart of the city. It lies in the ward of Cornhill. The exchange building has twice been destroyed by fire and subsequently rebuilt. The present building was designed by Sir William Tite in the 1840s. The site was notably occupied by the Lloyd's insurance market for nearly 150 years. Today the Royal Exchange contains Fortnum & Mason The Bar & Restaurant, luxury shops, and offices. Traditionally, the steps of the ...
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Teetotal
Teetotalism is the practice or promotion of total personal abstinence from the psychoactive drug alcohol, specifically in alcoholic drinks. A person who practices (and possibly advocates) teetotalism is called a teetotaler or teetotaller, or is simply said to be teetotal. Globally, almost half of adults do not drink alcohol (excluding those who used to drink but have stopped). Etymology According to the Online Etymology Dictionary, the ''tee-'' in ''teetotal'' is the letter T, so it is actually ''t-total'', though it was never spelled that way. The word is first recorded in 1832 in a general sense in an American source, and in 1833 in England in the context of abstinence. Since at first it was used in other contexts as an emphasised form of ''total'', the ''tee-'' is presumably a reduplication of the first letter of ''total'', much as contemporary idiom today might say "total with a capital T". The teetotalism movement was first started in Preston, England, in the early 19th c ...
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