Abstract
As you sail from the port of New York for a distant shore in due course of time the captain will take his departure from Ambrose Light. That point marks the beginning of the voyage and to that point the progress of the voyage will be related. I propose to emulate this practice of the mariner and take a starting point. I wish to remind you, however, that we may not return to this point and there may be times when as I proceed you will think I have forgotten it altogether. I think I shall have to improve upon the mariner's practice (if it can be improved upon) and have two points of departure. The first of these is embraced in the definition of an Actuary and the second in a definition of Science. For the definition of an Actuary, I believe the following from an address by Mr. Geoffrey Marks before the Institute of Actuaries on December 21, 1923, is excellent.
Volume
X
Page
119-135
Year
1924
Categories
Business Areas
Fire and Allied Lines
Actuarial Applications and Methodologies
Ratemaking
Publications
Proceedings of the Casualty Actuarial Society
