Life Convention 2006

5-7 November 2006, SECC, Glasgow

The papers below were presented at the 2006 Life Convention.

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

Please note that for this event the advance conference presentations will only be made available in Adobe pdf "handout" format, displaying three slides to a page. If you require the papers in any other format, please contact the Conference Officer.

Programme [pdf, 2.0 mb]

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.

Monday 6 November 2006

Time Title and Speaker
08.30-09.30     Plenary 1
Oversight of the Profession by the Financial Reporting Council (FRC) [pdf]
Paul Seymour

09.45-10.45                    Workshop A01
Pandemic influenza. A timely example of what a mortality stress scenario might look like [pdf]
Brett McWilliam

09.45-10.45               Workshop A02
Management action: myth or reality [pdf]
Martin Pike

09.45-10.45          Workshop A03
Using derivatives to meet shareholder and policyholder objectives [pdf]

Peter McDade and Martin Muir

09.45-10.45 Workshop A04
European embedded value - bottoms up! [pdf]
Hans Wagner, Lindsay Smitherman and Ian Farr

09.45-10.45                 Workshop A05
Good, better, best practice: A look at how actuaries are meeting today's challenges with respect to ICA, EV and Regulatory Reporting [pdf]
John Jenkins and Clayton Balkind

09.45-10.45 Workshop A06
IFRS Phase II: Sorting out insurance accounting once and for all [pdf]

Paul Mylet and Hugh Francis

09.45-10.45 Workshop A07
ICAS for small firms [pdf]
Matthew Murphy

09.45-10.45 Workshop A08
Market percentiles [ppt]

Andrew D Smith and David Wilkie

09.45-10.45 Workshop A09
Getting the most from a Treasury function [pdf]

Nick Dexter and Irwin Medford

09.45-10.45 Workshop A10
The impact of A-day and pensions reform on the pensions landscape [pdf]

Andrew Stoker and Rachel Vahey

09.45-10.45 Workshop A11
Consumers' understanding of risk [pdf]

Alan Goodman

09.45-10.45 Workshop A13
Practical experiences of using CMI models for projecting annuitant mortality [pdf]

Niel Daniels, XL Re

13.30-14.45 Plenary 2:
Difficult conversations: Making the impossible conversation more possible [pdf]

Alex Grimsley

11.15-12.15 Workshop B01
Actuarial systems and controls - the challenge [pdf]
Richard Budden and Andy Cope

11.15-12.15 Workshop B02
Solvency II: Recent developments and challenges [pdf]

Paul Barrett and Naren Persad

11.15-12.15 Workshop B03
A case study: Friends Provident's EEV [pdf]
Kamran Foroughi

11.15-12.15 Workshop B04
Improving portfolio analyses. GLMS in life and health insurance [pdf]

Ryan Warren, Matthew Edwards

11.15-12.15 Workshop B05
The impact TCF has had on WP business [pdf]
Matthew Lee and Mike Collins

11.15-12.15 Workshop B06
Bulk annuities - creating a market [pdf]

Richard Baddon and Richard Willets

11.15-12.15 Workshop B08
Risk and capital management: creating a competitive advantage [pdf]

Neil Holliday and Stuart Robinson

11.15-12.15 Workshop B09
Unit pricing in the twentyfirst century [pdf]

John Hoskin

11.15-12.15 Workshop B10
Modelling the effects of treatments for heart disease [pdf]

Tushar Chatterjee, Angus Macdonald;Howard Waters, Edinburgh University

11.15-12.15 Workshop B11:
Disclosure and projections for life assurance and pension policies [pdf]

Clare Beale and Chris Pullan

11.15-12.15 Workshop B12:
Equality release assumption setting [pdf]
Gina Craske, Colin Wilson

11.15-12.15 Workshop B13:
Practicalities of protection experience analysis [pdf]
Hamish Wilson, Robert Kerr

15.00-16.00 Workshop C01:
Recent trends in underwriting trends and practice [pdf]

Russ Whitworth and Warren Copp

15.00-16.00 Workshop C02:
Sampling error. How to measure and minimise it [ppt]

Andrew D Smith

15.00-16.00 Workshop C03:
Longevity - risk and opportunity [pdf]

Stephen Richards

15.00-16.00 Workshop C04:
EEV and MCEV standards [pdf]

David Dullaway

15.00-16.00 Workshop C05:
ICAS. Making the most of your FSA feedback [pdf]
Jason Baker and Daniel Bruce

15.00-16.00 Workshop C06:
Solvency II. Challenges and industry impact [pdf]

Richard Care and Jacqueline Fenech

11.15-12.15 Workshop C07
De-risking with-profits customers fairly [pdf]

Simon True and Phil Roberts

15.00-16.00 Workshop C08:
Calculating insurance liabilities in an IFRS Phase II/Solvency II world [pdf]

Paul Collins; Hans Wagner

15.00-16.00 Workshop C09:
Product pricing and allowance for ICA [pdf]

Brian Paton

15.00-16.00 Workshop C10:
Turbo charging your actuarial function [pdf]

Brian Purves and Bob Gibson

15.00-16.00 Workshop C11:
Projecting realistic balance sheets. Or how to make global warming a certainty? [pdf]
Gareth Collard

15.00-16.00 Workshop C12:
Child trust fund - A Trojan Horse or a White Elephant? [pdf]
Graeme McAusland and David Gulland

15.00-16.00 Workshop C13:
Treating Life customers fairly [pdf]

Jerry Staffurth

16.30-17.30 Plenary 3:
ABI CI review and beyond [pdf]

Nick Kirwan, Protection Market Director, Scottish Widows, and Chairman of Protection Committee, ABI


Tuesday 7 November 2006

Time Title and Speaker
09.30-10.15       RECENT ISSUES WORKSHOPS
A whole new world ... Or implications for life insurers of CP06/16 on the risk management and pricing of term assurance [pdf]
Jules Constantinou

09.30-10.15                    RECENT ISSUES WORKSHOPS
The Life industry model - can everyone (or anyone) win? [pdf]
Trevor Matthews, Chief Executive, Standard Life Assurance Limited

09.30-10.15 RECENT ISSUES WORKSHOPS
Collaboration, conflict or confusion. Understanding the responsibilities of providers and distributors for the fair treatment of customers [pdf]

Tim Kirk

09.30-10.15 RECENT ISSUES WORKSHOPS
Pension term assurance - the truth behind the hype [pdf]

Rod McKie and Stephen Griffiths

09.30-10.15 RECENT ISSUES WORKSHOPS
Offshoring for actuaries. Who moved my job? [pdf]
Paul Beresford

10.45-11.45 Workshop D01
What does your communication style say about you? [pdf]
Hilary Johnson and Rob Green

10.45-11.45 Workshop D02
Personal branding [pdf]

Jacqui Harper and Judy Fearn

10.45-11.45 Workshop D03
Fundamental legal concepts for life actuaries [pdf]

Kevin Willis and James Cooke

10.45-11.45 Workshop D04
Financial education. You're never too young to start [pdf]

Malcolm Slee; Wendy van den Hende

10.45-11.45 Workshop D06
How to get on in business [pdf]

Brian Wood, Telos Solutions

10.45-11.45 Workshop D07
Offshoring operations - a life company perspective [pdf]

Jon Whitaker

10.45-11.45 Workshop E01
Assessing multi-asset investment strategies for annuity funds [pdf]
David Walsh; Colin Wilson

12.45-13.45 Workshop E02
Operational risk in life insurers [pdf]

Nick Dexter and Patrick Kelliher

12.45-13.45 Workshop E03
CMI critical illness investigation [pdf]

Dave Heeney and Dave Grimshaw

12.45-13.45 Workshop E04
Risk/value trade-off in strategic investment decisions [pdf]
David King and Ken McGaughey

12.45-13.45 Workshop E05
ICA and ICG. A life office's experience [pdf]
Miles Baillie and Giles Woodruff

12.45-13.45 Workshop E06
Solvency II - Developments, issues and possible implications [pdf]

David Hare

11.15-12.15 Workshop E08
Making sense of capital [pdf]

Tim Sheldon and Loraine Feldman

12.45-13.45 Workshop E09
Stochastic mortality [pdf]
Andrew Cairns

12.45-13.45 Workshop E10
Securitisations [pdf]

Dave Howell and Mike Baumstein

12.45-13.45 Workshop E11
Risk management in insurers. Is ICAS making a difference? [pdf]
Alan Mason and Jonathan Miles

12.45-13.45 Workshop E12
The effect of management discretion on hedging and fair valuation of participating policies with maturity guarantees [pdf]

Torsten Kleinow and Mark Willder

12.45-13.45 Workshop E13
Re-designing PPI - Opportunities for life insurers [pdf]

David Gulland and Jerry Staffurth

14.00-15.00 Plenary 5
Standard Life 'Going public' [pdf]

John Hylands and Steve Sarjant


Recent issues topics (plenary 4)

To register your interest in one of the recent issues topics please click on the links below. This will send off an email. There is no need to include any text.

A whole new world? or Implications for life insurers of CP06/16 on the risk management and pricing of term assurance
Speaker: Jules Constantinou, Gen Re LifeHealth

Pensions term assurance. The truth behind the hype
Speakers: Steve Griffiths, Legal & General; Rod McKie, Aegon Scottish Equitable


Collaboration, conflict or confusion. Understanding the responsibilities of providers and distributors for the fair treatment of customers
Speaker: Tim Kirk, The Kirk Consultancy; Colin Bell, Aegon Scottish Equitable 

Offshoring for actuaries
Speaker: Paul Beresford, PricewaterhouseCoopers


The life industry model. Can everyone (or anyone) win?
Speaker: Trevor Matthews, Standard Life

 
Page updated: 2 January 2009
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