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Thomas Bond Sprague Prize
The Thomas Bond Sprague Prize is a prize awarded annually to the student or students showing the greatest distinction in actuarial science, finance, insurance, mathematics of operational research, probability, risk and statistics in the Master of Mathematics/Master of Advanced Studies examinations of the University of Cambridge, also known as Part III of the Mathematical Tripos. The prize is named after Thomas Bond Sprague, the only person to have been president of both the Institute of Actuaries in London and the Faculty of Actuaries in Edinburgh. It is awarded by the Rollo Davidson Trust of Churchill College, Cambridge, following a donation by D. O. Forfar, MA, FFA, FRSE (alumnus of Trinity College, Cambridge), former Appointed Actuary of Scottish Widows. List of recipients See also * List of mathematics awards This list of mathematics awards is an index to articles about notable awards for mathematics. The list is organized by the region and country of the organizatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Faculty Of Actuaries
The Faculty of Actuaries in Scotland was the professional body representing actuaries in Scotland. The Faculty of Actuaries was one of two actuarial bodies in the UK, the other was the Institute of Actuaries, which was a separate body in England, Wales and Northern Ireland. While the Faculty of Actuaries and the Institute of Actuaries were separate institutions, they worked very closely together, and the professional qualifications and professional standards for actuaries were identical in each of them. On 25 May 2010, voting members of the Faculty who took part in a ballot voted to merge the Faculty with the Institute of Actuaries, thus creating the Institute and Faculty of Actuaries which came into being on 1 August 2010, superseding the Institute of Actuaries which ceased to exist on that date. Establishment of the Faculty of Actuaries The Faculty of Actuaries was founded by 38 Scottish actuaries on 4 January 1856 with the aim of representing the interests of actuaries practisi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Awards Established In 2012
An award, sometimes called a distinction, is something given to a recipient as a token of recognition of excellence in a certain field. When the token is a medal, ribbon or other item designed for wearing, it is known as a decoration. An award may be described by three aspects: 1) who is given 2) what 3) by whom, all varying according to purpose. The recipient is often to a single person, such as a student or athlete, or a representative of a group of people, be it an organisation, a sports team or a whole country. The award item may be a decoration, that is an insignia suitable for wearing, such as a medal, badge, or rosette (award). It can also be a token object such as certificate, diploma, championship belt, trophy, or plaque. The award may also be or be accompanied by a title of honor, as well as an object of direct value such as prize money or a scholarship. Furthermore, an honorable mention is an award given, typically in education, that does not confer the recipient(s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mathematical Awards And Prizes Of The University Of Cambridge
Mathematics is an area of knowledge that includes the topics of numbers, formulas and related structures, shapes and the spaces in which they are contained, and quantities and their changes. These topics are represented in modern mathematics with the major subdisciplines of number theory, algebra, geometry, and analysis, respectively. There is no general consensus among mathematicians about a common definition for their academic discipline. Most mathematical activity involves the discovery of properties of abstract objects and the use of pure reason to prove them. These objects consist of either abstractions from nature orin modern mathematicsentities that are stipulated to have certain properties, called axioms. A ''proof'' consists of a succession of applications of deductive rules to already established results. These results include previously proved theorems, axioms, andin case of abstraction from naturesome basic properties that are considered true starting points of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Mathematics Awards ...
This list of mathematics awards is an index to articles about notable awards for mathematics. The list is organized by the region and country of the organization that sponsors the award, but awards may be open to mathematicians from around the world. Some of the awards are limited to work in a particular field, such as topology or analysis, while others are given for any type of mathematical contribution. International Americas Asia Europe Oceania See also * Lists of awards * Lists of science and technology awards {{Science and technology awards Mathematics Mathematics is an area of knowledge that includes the topics of numbers, formulas and related structures, shapes and the spaces in which they are contained, and quantities and their changes. These topics are represented in modern mathematics ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scottish Widows
Scottish Widows is a life insurance and pensions company located in Edinburgh, Scotland, and is a subsidiary of Lloyds Banking Group. Its product range includes life assurance and pensions. The company has been providing financial services to the UK market since 1815. The company sells products through independent financial advisers, direct to customers and through Lloyds Banking Group bank branches. The investment and asset management arm (Scottish Widows Investment Partnership) was sold in 2013 to Aberdeen Asset Management. History In March 1812, a number of prominent Scotsmen gathered in the Royal Exchange Coffee Rooms in Edinburgh. They were there to discuss setting up 'a general fund for securing provisions to widows, sisters and other female relatives' of fundholders so that they would not be plunged into poverty on the death of the fundholder during and after the Napoleonic Wars. Scottish Widows' Fund and Life Assurance Society opened in 1815 as Scotland's first mutual lif ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Actuary
An actuary is a business professional who deals with the measurement and management of risk and uncertainty. The name of the corresponding field is actuarial science. These risks can affect both sides of the balance sheet and require asset management, liability management, and valuation skills. Actuaries provide assessments of financial security systems, with a focus on their complexity, their mathematics, and their mechanisms. While the concept of insurance dates to antiquity, the concepts needed to scientifically measure and mitigate risks have their origins in the 17th century studies of probability and annuities. Actuaries of the 21st century require analytical skills, business knowledge, and an understanding of human behavior and information systems to design and manage programs that control risk. The actual steps needed to become an actuary are usually country-specific; however, almost all processes share a rigorous schooling or examination structure and take many years ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Churchill College, Cambridge
Churchill College is a constituent college of the University of Cambridge, England. It has a primary focus on science, engineering and technology, but still retains a strong interest in the arts and humanities. In 1958, a trust was established with Sir Winston Churchill as its chairman of trustees, to build and endow a college for 60 fellows and 540 students as a national and Commonwealth memorial to Winston Churchill; its Royal Charter and Statutes were approved by the Queen, in August 1960. It is situated on the outskirts of Cambridge, away from the traditional centre of the city, but close to the University's main new development zone (which now houses the Centre for Mathematical Sciences). It has of grounds, the largest area of the Cambridge colleges. Churchill was the first formerly all-male college to decide to admit women, and was among three men's colleges to admit its first women students in 1972. Within 15 years all others had followed suit. The college has a re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rollo Davidson Prize
The Rollo Davidson Prize is a prize awarded annually to early-career probabilists by the Rollo Davidson trustees. It is named after English mathematician Rollo Davidson (1944–1970). Rollo Davidson Trust In 1970, Rollo Davidson, a Fellow-elect of Churchill College, Cambridge died on Piz Bernina, a mountain in Switzerland. In 1975, a trust fund was established at Churchill College in his memory, endowed initially through the publication in his honour of two volumes of papers, edited by E. F. Harding and D. G. Kendall. The Rollo Davidson Trust has awarded an annual prize to young probabilists since 1976, and has organized occasional lectures in honour of Davidson. Since 2012 the Trust has also awarded an annual Thomas Bond Sprague Prize.http://www.admin.cam.ac.uk/reporter/2011-12/weekly/6273/section12.shtml#heading2-35 Cambridge University Reporter CLXII no 38 List of recipients of the Rollo Davidson Prize * 1976 – Brian D. Ripley * 1977 – Olav Kallenberg * 1978 – ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Institute Of Actuaries
The Institute of Actuaries was one of the two professional bodies which represented actuaries in the United Kingdom. The institute was based in England, while the other body, the Faculty of Actuaries, was based in Scotland. While the Institute and Faculty of Actuaries were separate institutions, they worked very closely together, and their professional qualifications and actuarial standards were identical. On 25 May 2010, voting members of the institute who took part in a ballot voted to merge the institute with the faculty, thus creating the Institute and Faculty of Actuaries, which came into being on 1 August 2010. The Institute of Actuaries ceased to exist on that date. Establishment of the Institute of Actuaries The actuaries of a number of life assurance companies established the Institute of Actuaries in London on the 8th of July 1848. The Institute of Actuaries was the oldest actuarial professional body in the world. In July 1884, the Institute of Actuaries was granted a ro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance
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 asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas Bond Sprague
Thomas Bond Sprague FRSE FFA FIA LLD (29 March 1830 – 29 November 1920) was a British actuary, barrister and amateur mathematician who was the only person to have been President of both the Institute of Actuaries (1882–1886) in London and the Faculty of Actuaries (1894–1896) in Edinburgh, prior to their merger in 2010. Life Sprague was born in London the son of Thomas Sprague, a wholesale stationer. He attended Tarvin Hall School near Chester. Sprague was an undergraduate at St John's College, Cambridge, where he was elected to a fellowship following his ranking as Senior Wrangler in the Cambridge Mathematical Tripos of 1853. He was awarded the Smith's Prize of Cambridge University in the same year. After serving as the actuary to the Equity and Law life insurance company (1861–1873), he became chief executive (1873–1900) of the Scottish Equitable Life Assurance Society in Edinburgh. In 1874 he was elected a Fellow of the Royal Society of Edinbur ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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