Equitable Life (in Canada, no relation to the real Equitable) just put out a 100 year history book:
Equitable Life 100 year history
It’s where I got started as an actuarial student looooong time ago.
4 Likes
you’re 100 yo?
The one that’s 100 is this one: https://equitable.ca/
It’s a tiny (*) mutual company located in Waterloo. For those that went to UWaterloo, you may recognize pics of some of the buildings that the company started in (It started in a building at the corner of King and Erb IIRC, the building is still there and recognizable. Might be a taco place now though).
(*) In the 90’s, all the big mutuals in Canada demutualized. I think Equitable now bills themselves as the biggest mutual company in Canada, but it’s because everyone else went away, not because they’re some big company - they’re not.
Some days…
lol
So . . . they scared off the competition . . .
This is pretty neat.
My dad used to work for AIG and they used to send out little bits and blurbs about the company’s history to their employees. As a kid, I always dreamed of being an actuary at AIG
1 Like
Yeah, it’s the former chief actuary who does a lot of that stuff now. Does a monthly bulletin with current news and history of the company.
I Did an ibnr study that my supervisor had me present to him. I did my whole show and he laughs and says ibnrs are 5%? I could have told you that without a three week study lol.
1 Like