Wednesday, July 20th 2022, 14:30–16:30 (CEST), Room U1, 195
Zoom-Link: https://unibas.zoom.us/j/66105431683 | Meeting ID: 661 0543 1683
Session Organisers: : Geoffroy Legentilhomme (University of Zurich) geoffroy.legentilhomme@graduateinstitute.ch, Christofer Stadlin (Zurich Insurance Company) christofer.stadlin@zurich.com
Abstract:
This session seeks to understand the emergence and development of actuarial science as discipline, and the influence it exerted over the expansion of the insurance industry and of related branches. Even though the term “actuary” first became common in the first half of the 19th century to designate the experts in charge of calculating premium and reserves for insurance companies, actuaries did not form at that time a precisely defined professional group. In Europe, the first formal professional and scientific institutions dedicated to the advancement of actuarial discipline and to the status of its practitioners were created in the second half of the century. The prestige of actuaries, as well as their influence within insurance companies, in the design of various welfare arrangement such as mutual aid societies and in the elaboration of social policies, increased as a result. The latter decades of the 19th century witnessed a boom of insurance-related scientific production. Our session wishes to shed light on the causes and consequences of the institutionalization and expansion of actuarial science, with a particular focus on the period going from the early 19th century to the early 20th century. We welcome in particular contributions adopting a comparative perspective, and contributions related to the role of actuaries in the internationalization of the insurance industry.
Suggestions include:
1. Mutual aid societies and the development of actuarial regulation in France in the 19th century
2. The Rise of Actuaries and Swiss workers accident insurance 1880-1950
3. Categories and Narratives of Expansion: How Actuaries Mobilized Political and Economic Frames to Argue for the Expansion of Insurance
4. The First Portuguese Scholars Studying Actuarial Science – Contributions Towards the Scientific Progress of Survivorship Pension Funds and Life Insurance Companies in the 19th Century
5. Origin of Modern Insurance Industry in Slovakia and the Contribution of Dr. Ján Alojz Wagner to its Development