William Thomas Thomson (actuary)
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William Thomas Thomson (actuary)
William Thomas Thomson FRSE FFA (1813–1883) was a 19th-century Scottish actuary who was manager of the Standard Life Assurance Company 1834 to 1878 and changed the face of insurance through use of mortality rates. His use of actuarial tables became common practice across the globe in the field of life insurance. Personal life He was born on 25 February 1813, in the parish of St Andrews, in Edinburgh. He appears in Edinburgh around 1833 as an accountant living at 57 Northumberland Street in the Second New Town. In 1839 he married Christian Anne Seaman, and by 1842 he was living with his family in a suite above the company offices at 3 George Street. Around 1860 he moved to a magnificent townhouse at 41 Moray Place on the Moray Estate in Edinburgh's fashionable West End, but still retained his suite at George Street. Career In 1834 he joined Standard Life Assurance in Edinburgh as their Secretary and by 1837 found himself in charge as manager of the company, taking o ...
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William Thomas Thomson C
William is a male given name of Germanic languages, Germanic origin.Hanks, Hardcastle and Hodges, ''Oxford Dictionary of First Names'', Oxford University Press, 2nd edition, , p. 276. It became very popular in the English language after the Norman conquest of England in 1066,All Things William"Meaning & Origin of the Name"/ref> and remained so throughout the Middle Ages and into the modern era. It is sometimes abbreviated "Wm." Shortened familiar versions in English include Will (given name), Will, Wills (given name), Wills, Willy, Willie, Bill (given name), Bill, and Billy (name), Billy. A common Irish people, Irish form is Liam. Scottish people, Scottish diminutives include Wull, Willie or Wullie (as in Oor Wullie or the play Douglas (play)#Theme and response, ''Douglas''). Female forms are Willa, Willemina, Wilma (given name), Wilma and Wilhelmina (given name), Wilhelmina. Etymology William is related to the given name ''Wilhelm'' (cf. Proto-Germanic ᚹᛁᛚᛃᚨᚺᛖᛚ ...
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Jamaica
Jamaica (; ) is an island country situated in the Caribbean Sea. Spanning in area, it is the third-largest island of the Greater Antilles and the Caribbean (after Cuba and Hispaniola). Jamaica lies about south of Cuba, and west of Hispaniola (the island containing the countries of Haiti and the Dominican Republic); the British Overseas Territory of the Cayman Islands lies some to the north-west. Originally inhabited by the indigenous Taíno peoples, the island came under Spanish rule following the arrival of Christopher Columbus in 1494. Many of the indigenous people either were killed or died of diseases, after which the Spanish brought large numbers of African slaves to Jamaica as labourers. The island remained a possession of Spain until 1655, when England (later Great Britain) conquered it, renaming it ''Jamaica''. Under British colonial rule Jamaica became a leading sugar exporter, with a plantation economy dependent on the African slaves and later their des ...
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Businesspeople From Edinburgh
A businessperson, businessman, or businesswoman is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital with a view to fueling economic development and growth. History Prehistoric period: Traders Since a "businessman" can mean anyone in industry or commerce, businesspeople have existed as long as industry and commerce have existed. "Commerce" can simply mean "trade", and trade has existed through all of recorded history. The first businesspeople in human history were traders or merchants. Medieval period: Rise of the merchant class Merchants emerged as a "class" in medieval Italy (compare, for example, the Vaishya, the traditional merchant caste in Indian society). Between 1300 and 1500, modern accountin ...
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1883 Deaths
Events January–March * January 4 – ''Life (magazine), Life'' magazine is founded in Los Angeles, California, United States. * January 10 – A Newhall House Hotel Fire, fire at the Newhall Hotel in Milwaukee, Wisconsin, United States, kills 73 people. * January 16 – The Pendleton Civil Service Reform Act, establishing the United States civil service, is passed. * January 19 – The first electric lighting system employing overhead wires begins service in Roselle, New Jersey, United States, installed by Thomas Edison. * February – ''The Adventures of Pinocchio'' by Carlo Collodi is first published complete in book form, in Italy. * February 15 – Tokyo Electrical Lightning Grid, predecessor of Tokyo Electrical Power (TEPCO), one of the largest electrical grids in Asia and the world, is founded in Japan. * February 16 – The ''Ladies' Home Journal'' is published for the first time, in the United States. * February 23 – Al ...
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1813 Births
Events January–March * January 18–January 23 – War of 1812: The Battle of Frenchtown is fought in modern-day Monroe, Michigan between the United States and a British and Native American alliance. * January 24 – The Philharmonic Society (later the Royal Philharmonic Society) is founded in London. * January 28 – Jane Austen's '' Pride and Prejudice'' is published anonymously in London. * January 31 – The Assembly of the Year XIII is inaugurated in Buenos Aires. * February – War of 1812 in North America: General William Henry Harrison sends out an expedition to burn the British vessels at Fort Malden by going across Lake Erie via the Bass Islands in sleighs, but the ice is not hard enough, and the expedition returns. * February 3 – Argentine War of Independence: José de San Martín and his Regiment of Mounted Grenadiers gain a largely symbolic victory against a Spanish royalist army in the Battle of San Lorenzo. * February ...
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Spencer Campbell Thomson
Spencer Campbell Thomson FRSE FFA (1842–1931) was a Scottish actuary and influential businessman. He introduced statistical mortality rates into life insurance. Personal life Spencer Thomson was born on 16 October 1842, the son of William Thomas Thomson FRSE (1813-1883), manager of the Standard Life Assurance Company, and Christian Anne Seamen, 'above the office' at 3 George Street in central Edinburgh. The family lived at Trinity Grove in north Edinburgh. He was educated at Edinburgh Academy until 1858 then completed his education at Rugby School before studying at Cambridge University from 1861. His parents were then living at 41 Moray Place on the Moray Estate in Edinburgh's West End. In 1869 he married Georgina Maria Joanna Cockburn, daughter of George Ferguson Cockburn, commander of the British Army at Patna, granddaughter of Henry Cockburn, Lord Cockburn. They had at least five children. In the 1870s he lived at 10 Chester Street, a townhouse in Edinburgh's fashi ...
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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 ...
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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 ...
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John Graham MacDonald Burt
Dr John Graham MacDonald Burt FRSE LLD (1809–1868) was an eminent Scottish physician and medical author. Life He was born on 3 March 1809, in Edinburgh as John Graham Burt. He added the name MacDonald upon marriage. In the 1830s he is listed as a surgeon, living at 8 Bank Street in Edinburgh's Old Town. In 1843 he was elected a member of the Aesculapian Club. He was elected a Fellow of the Royal Society of Edinburgh in 1845, his proposer being Robert Christison. In 1846 he was elected a member of the Harveian Society of Edinburgh. He was president of the Royal College of Physicians in Edinburgh from 1863 to 1865. He died on 9 February 1868. He was buried in Dean Cemetery in western Edinburgh, against the north wall of the original cemetery (backing onto the northern Victorian extension), with his wife Susanna Louisa MacDonald (1820-1877). Family His son was Major Norman MacDonald Burt (1842-1886) of the Royal Artillery. Artistic recognition A bust of Burt by George M ...
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Royal Society Of Edinburgh
The Royal Society of Edinburgh is Scotland's national academy of science and letters. It is a registered charity that operates on a wholly independent and non-partisan basis and provides public benefit throughout Scotland. It was established in 1783. , there are around 1,800 Fellows. The Society covers a broader selection of fields than the Royal Society of London, including literature and history. Fellowship includes people from a wide range of disciplines – science & technology, arts, humanities, medicine, social science, business, and public service. History At the start of the 18th century, Edinburgh's intellectual climate fostered many clubs and societies (see Scottish Enlightenment). Though there were several that treated the arts, sciences and medicine, the most prestigious was the Society for the Improvement of Medical Knowledge, commonly referred to as the Medical Society of Edinburgh, co-founded by the mathematician Colin Maclaurin in 1731. Maclaurin was unhappy ...
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Uruguay
Uruguay (; ), officially the Oriental Republic of Uruguay ( es, República Oriental del Uruguay), is a country in South America. It shares borders with Argentina to its west and southwest and Brazil to its north and northeast; while bordering the Río de la Plata to the south and the Atlantic Ocean to the southeast. It is part of the Southern Cone region of South America. Uruguay covers an area of approximately and has a population of an estimated 3.4 million, of whom around 2 million live in the metropolitan area of its capital and largest city, Montevideo. The area that became Uruguay was first inhabited by groups of hunter–gatherers 13,000 years ago. The predominant tribe at the moment of the arrival of Europeans was the Charrúa people, when the Portuguese first established Colónia do Sacramento in 1680; Uruguay was colonized by Europeans late relative to neighboring countries. The Spanish founded Montevideo as a military stronghold in the early 18th century bec ...
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Tobago
Tobago () is an List of islands of Trinidad and Tobago, island and Regions and municipalities of Trinidad and Tobago, ward within the Trinidad and Tobago, Republic of Trinidad and Tobago. It is located northeast of the larger island of Trinidad and about off the northeastern coast of Venezuela. It also lies to the southeast of Grenada. The official bird of Tobago is the cocrico. Etymology Tobago was named ''Belaforme'' by Christopher Columbus "because from a distance it seemed beautiful". The Spanish friar Antonio Vázquez de Espinosa wrote that the Kalina people, Kalina (mainland Caribs) called the island ''Urupina'' because of its resemblance to a big snail, while the Island Caribs, Kalinago (Island Caribs) called it ''Aloubaéra'', supposedly because it resembled the ''alloüebéra'', a giant snake which was supposed to live in a cave on the island of Dominica. The earliest known record of the use of the name ''Tabaco'' to refer to the island is a Spanish royal order is ...
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