General Insurance Convention 2003

4-7 October 2003, City Hall, Cardiff

The following papers were presented at the 2003 GIRO Convention. The papers are in Adobe Acrobat format.

Any queries about the Convention should be addressed to the Conference Department at e-mail: conferences@actuaries.org.uk.

Write up of Convention, by Karen Seidel [pdf]

The copyright in the content of the conference and seminar papers on this site may rest either with the authors or with the profession. Single copies may be downloaded for private study or research but more extensive copying requires the permission of the copyright owner. Should you wish to make multiple copies of any material please contact the Conference Department.

Plenary Sessions

Risk - measurement or bust.
Report from the Operational Risk Working Party [pdf, 1.3 mb]

Michael Tripp

The cycle survival kit: an investigation into the reserving cycle and other issues
Report from the Managing the Reserve Cycle Working Party [pdf]

Nick Line

Cynic and idealist: two views of the insurance cycle (and of the general insurance business) [pdf]
Martin White

Developing relationships with underwriters.
Report from the Developing Relationships with Underwriters Working Party [pdf]

Stuart Wrenn

Report from the Clearer Communication Working Party [pdf]
Catherine Cresswell

Extreme events II. Financial catastrophes. The overthrow of modern financial theory. Report from the Extreme Events Working Party [pdf]
David Sanders



Workshops

Aviation: current reinsurance programme [pdf]
Graham Lyons

The new FSA capital requirements [pdf]
Nigel Gillott

International accounting standards [pdf]
Fair Value Working Party
Martin White

The overhaul of Lloyd's realistic disaster scenarios: 2003 update [pdf]
James Orr

Lloyd's signing actuaries - issues [pdf]
Henry Johnson

A risk theoretical model for assessing the solvency profile of a general insurer [pdf]
Nino Savelli

A multi-model approach to catastrophe aggregate distributions; and
The construction of a life and PA cat model from a WC cat model natural perils [pdf]

Timothy Tetlow

Operational risk [pdf]
Louise Pryor

Risk and capital assessment and supervision in financial firms [pdf]
Seamus Creedon

Stress testing and scenario analysis [pdf]
Richard Shaw

UK & European asbestos [pdf, 2.2 mb]
Darren Michaels and Anthony Williams

US asbestos [pdf]
Gregory Overton and Darren Michaels

Coping with domestic problems. Household help [text, pdf]
Cheryl Russell
Slides [pdf, 1 mb]
Quiz results [pdf, 1 mb]

The importance of being normal [pdf]
Stephen Carlin and Andrew Smith
Slides [ppt]

A global framework for insurer solvency assessment
Hans Waszink
This paper is available for qualifed actuaries on the IAA website

FSA capital self-assessment [pdf]
Julian Leigh
Slides [ppt, 4.9 mb]

Financial guarantee business. Time for a reality check [pdf]
Chris Waites and Cormac Bradley

US D&O and PI [pdf]
Doug Collins

Worldwide actuaries. Separated by a common set of standards and practices [pdf]
David Powell and Douglas Collins

Capital assessment [pdf]
Seamus Creedon
Slides [ppt, 4.9 mb]

European motor [pdf]
John Charles
Slides [ppt]

The HIH Royal Commission. Lessons from down under [pdf]
Alex Marcuson
Slides [ppt]

Practical issues in dependences [pdf, 2.6 mb]
Dimitris Papachristou, Veronique Grenon, Benfield ReMetrics


 
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