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On the Fires in London during the 17 years from 1833 to 1849 inclusive, showing the numbers which occurred in different trades, and the principal causes by which they were occasioned

Published online by Cambridge University Press:  18 August 2016

Samuel Brown*
Affiliation:
Institute of Actuaries, 39, King Street, Cheapside

Extract

Until within a very recent period the doctrines of probability have been applied to scarcely any great public purpose except the Assurance of human life. In that particular department of knowledge, a number of labourers have been for many years busily occupied in gathering the facts, endeavouring to classify events, and trace some general laws. In later years, researches have been extended into the effects of different classes of diseases upon health and longevity. Still more recently, the calculations of fidelity risks, of railway and other accidents, of bankruptcy, and of other circumstances affecting the person of an individual, or his commercial dealings, have been made with a view of proving their capability of being estimated for Insurance.

Type
Research Article
Copyright
Copyright © Institute and Faculty of Actuaries 1851

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