Question: When was the insurance company founded, whose near collapse was investigated by George William Penrose, Lord Penrose ?

Context articles: North British and Mercantile Insurance
The Faroe Insurance Company
Morris Review
George William Penrose, Lord Penrose
Physicians Mutual
Supreme Life Building
Southern Aid and Insurance Company
Economical Insurance
Kentucky Central Insurance Company
The Equitable Life Assurance Society

The North British and Mercantile Insurance Company was a British-based company founded in 1809 in Edinburgh and absorbed as a subsidiary of the Commercial Union in 1959.
 The company was also known as the North British Insurance Company, North British Fire Office and North British Fire Insurance Company.
The Faroe Insurance Company (Faroese: "Tryggingarfelagið Føroyar" , TF), often referred to as Tryggingin, is an insurance company in the Faroe Islands.
 The company currently employs about 110 people and is headquartered in Tórshavn.
 The Faroe Insurance Company also has branch offices in Sandavágur, Saltangará, Klaksvík, and Tvøroyri.
 The company was founded as "Tryggingarsambandið Føroyar" (the Faroese Insurance Union) in 1965 and received its current name in 1998.
 Chairmen of the company have included Kristian Djurhuus, Johan Poulsen, and Hilmar Kass.
The Morris Review was a government-sponsored review of the UK actuarial profession led by Sir Derek Morris in 2004-5.
 It was commissioned in March 2004, in the aftermath of the near collapse of Equitable Life, and the subsequent findings of Lord Penrose's Equitable Life Inquiry The review found a number of problems with the actuarial profession, including insularity of approach, lack of transparency, failure to take account of developments in financial economics, and the influence of 'entrenched commercial interests'.
George William Penrose, Lord Penrose, PC (born 2 June 1938), is a Scottish judge (from 1990) and member of the Privy Council (from 2000) who sat in the Court of Session, the supreme civil court.
 He is best known for heading the Penrose Inquiry into the near-collapse of the mutual life assurance company Equitable Life.
 In 2001, Lord Penrose was asked by the Treasury to investigate the history of the company.
 His 818-page report was published on 8 March 2004.
Physicians Mutual is a privately held insurance company headquartered in Omaha, Nebraska, United States, that consists of Physicians Mutual Insurance Company and Physicians Life Insurance Company.
 Founded as Physicians Mutual Insurance Company in 1902 by Edwin E. Elliott, Physicians Mutual began by selling health insurance to medical professionals.
 Policies were offered to the general public starting in 1962, and by 1970 the company expanded into life insurance when it founded Physicians Life Insurance Company.
 Today the company offers a variety of insurance products, annuities, Medicare, Medigap, Medicare Supplement, Term Life Insurance, Whole Life Insurance, Cancer and funeral pre-planning services.
 It holds over US$3 billion in assets and employs over one thousand people.
 Robert A. Reed is chief executive officer and president.
The Supreme Life Building is a historic insurance building located at 3501 S. Dr. Martin Luther King Drive in the Douglas community area of Chicago, Illinois.
 Built in 1921, the building served as the headquarters of the Supreme Life Insurance Company, which was founded two years earlier.
 The company, originally known as the Liberty Life Insurance Company, was the first African-American owned insurance company in the northern United States.
 Since white-owned insurance firms regularly denied black customers life insurance when the firm was founded, the firm played an important role in providing life insurance to Chicago's African-American community.
 The company ultimately became the largest African-American owned business in the northern states and became a symbol of the predominantly black Bronzeville neighborhood's economic success from the 1920s to the 1950s.
The Southern Aid and Insurance Company is an insurance company that was founded in 1893, just 28 years after the end of the Civil War, by a group of black men (American men of African ancestry) in Richmond, Virginia.
 The purpose was to furnish adequate and affordable insurance protection to African-Americans.
 The company was the first chartered insurance company organized by blacks in the United States and had the distinction of being the oldest black owned and operated insurance company in the nation.
 It was also the largest African-American insurance company in the United States at one time.
 The company's name was later changed to the Southern Aid Society of Virginia which was the forerunner of the Southern Aid Life Insurance Company.
Economical Insurance, founded in 1871, is a Canadian Property & Casualty insurance company, offering automobile, property, liability, agriculture, and surety insurance.
 Its executive offices are located in Waterloo, Ontario, with regional offices across Canada.
 The company has a 4.02% market share, measured by direct written premium in the Canadian Property & Casualty Insurance market as of December 2012.
As of 2014, it had about 1.6 billion in mutual policyholder's equity.
 It is the 9th largest property and casualty insurance company in Canada, by direct written premium and the 20th largest insurance company in Canada, by total assets.
Kentucky Central Life Insurance Company (KCL) was one of the largest life insurance companies in the United States, writing policies in 49 states and the District of Columbia until its collapse in 1993.
 At the time of the collapse Kentucky Central had over $43 billion in assets, making it the seventh largest insurance collapse in United States history, and at the time the largest business collapse in Kentucky history.
The Equitable Life Assurance Society (Equitable Life), founded in 1762, is a life insurance company in the United Kingdom.
 The world's oldest mutual insurer, it pioneered age-based premiums based on mortality rate, laying “the framework for scientific insurance practice and development”