Document library
-
- Author:
- A S Fishman\; J J Daldorph\; A K Gupta\; T W Hewitson\; M K Kipling\; D R Linnell\; S R Nuttall
- Source:
- British Actuarial Journal [BAJ] (1998) 4: 145-191
-
- Author:
- Life Board
GN23: Life insurance company takeovers. Version 1.1 [adopted by BAS on 19 May 2006]
This life insurance Guidance Note has been adopted by the Board for Actuarial Standards. The latest version is available on the <a href\="http://www.frc.org.uk/bas/actuarial/index.cfm" target\="external">BAS website</a>. MAP/GN23 V1.1 ... read more >>
-
- Author:
- Professional Affairs Board
Due process for approving guidance notes (DP). Version 3.0
Faculty and Institute of Actuaries Due Process DP v3.0. (01.01.1998) Due Process for Approving Guidance Notes Version Effective from 1.0 14.12.1993 2.0 19.12.1994 3.0 01.01.1998 1 Introduction 1.1 The Relevant Board of the Faculty and the Institute ... read more >>
-
- Author:
- Life Board
GN15: Transfer of long-term business of an authorised insurance company - role of the independent actuary. Version 2.0 [Deleted from the Manual of Actuarial Practice, 1 Sep 2003]
Life insurance Guidance Note deleted 01.09.03 MAP/GN15 V2.0 B15.1 GN 15: Transfer of Long-term Business of an Authorised Insurance Company - Role of the Independent Actuary Classification Recommended Practice. Legislation or Authority Insurance Companies ... read more >>
-
- Author:
- D E A Sanders; A N Hitchcox; R Manjrekar
- Source:
- British Actuarial Journal [BAJ] (1998) 4(3): 427-483
Aspects of pricing in the London Market
Actuaries have become increasingly involved in general insurance and in particular in the London Market. This paper examines the management of the pricing process in the context of the London Market, and deals with concepts such as profit testing, risk ... read more >>
-
- Author:
- R A Humble; D G Ryan
- Source:
- British Actuarial Journal [BAJ] (1998) 4(3): 547-614
Continuing care retirement communities - attractive to members, but what about sponsors?
This paper is concerned with the development and operation of Continuing Care Retirement Communities (CCRCs). The paper examins the financial structure of a CCRC, being developed by the Joseph Rowntree Housing Trust, and describes a population model ... read more >>
-
GN32: Actuaries and friendly societies: general insurance business. Version 1.0
This general insurance Guidance Note was deleted 01.02.06 Faculty and Institute of Actuaries Guidance note GN32 v1.0. (31.12.1997) GN32: Actuaries and Friendly Societies: General Insurance Business Classification Practice Standard Legislation or ... read more >>
-
- Author:
- A C Martin; J W Beardmore; A P Gallop; P G Kennedy; J L McKenzie; R Owen; C C Patel; C T Pettengell; Peter Wright
- Source:
- Presented at a seminar at the Institute of Actuaries, 9 December 1997
Damages: personal injury awards. A discussion paper
This discussion paper brings together actuarial views on the determination of damages awards in UK personal injury cases. Page 1 f:\dept\library\0emma\website\practice\damrepr1997.doc DAMAGES: PERSONAL INJURY AWARDS A discussion paper by an Actuarial ... read more >>
-
GN33: Actuarial reporting for Lloyd's syndicates writing US business. Version 1.0
This general insurance Guidance Note has been adopted by the Board for Actuarial Standards. The latest version is available on the <a href\="http://www.frc.org.uk/bas/actuarial/index.cfm" target\="external">BAS website</a>. Faculty and ... read more >>
-
- Author:
- General Insurance Board
GN20: Actuarial reporting under the Lloyd's Valuation of Liabilities Rules. Version 4.0
This general insurance Guidance Note has been adopted by the Board for Actuarial Standards. The latest version is available on the <a href\="http://www.frc.org.uk/bas/actuarial/index.cfm" target\="external">BAS website</a>. Faculty and ... read more >>
-
- Author:
- Michael Bolton\; David Carr\; Paul Collis\; Christopher George\; Victor Knowles\; Andrew Whitehouse
Reserving for annuity guarantees
Report of the Annuity Guarantees Working Party ... read more >>
-
GN7: The role of actuaries in relation to financial statements of insurers and insurance groups writing long-term business and their relationship with auditors. Version 3.0
This life insurance Guidance Note has been adopted by the Board for Actuarial Standards. The latest version is available on the <a href\="http://www.frc.org.uk/bas/actuarial/index.cfm" target\="external">BAS website</a>. MAP/GN7 V3.0 ... read more >>
-
- Author:
- Trefor Bedeman; Mark Rothwell
- Source:
- General Insurance Convention 1997
Data mining concepts and practical research [summary only]
DATA MINING CONCEPTS AND PRACTICAL RESEARCH This workshop will look at this currently fashionable topic from both a theoretical viewpoint and also report some of the practical issues involved in research in an insurance context. What is data mining? ... read more >>
-
- Author:
- Bryan R P Joseph; Esmee J A Robinson
- Source:
- General Insurance Convention 1997
Commutations - a practical guide
A commutation is a commercial agreement between an insurer and its insureds. It is not an actuarial calculation, although actuaries are, or should be, involved at most stages of the calculations and negotiation. This paper is meant to address commutation ... read more >>
-
- Author:
- Andrew N Hitchcox
- Source:
- General Insurance Convention 1997
Reinsurance treaty pricing [slides]
REINSURANCE TREATY PRICING Andrew Hitchcox 101 Insurance Convention 1997 General 102 103 104 105 CAT X.L. TREATY : PROFIT LOADING. In principle : stochastic A.L.M. at individual treatv level. 300 treaties : May 1997 • Japan EQ • Japan WS ... read more >>
-
- Author:
- David Davies
- Source:
- General Insurance Convention 1997
Mortgage indemnity guarantee [summary only]
Mortgage Indemnity Guarantee David Davies 15 -18 October 1997 69 Insurance Convention 1997 General Objectives The objectives of this workshop are to examine the recent history of mortgage risk insurance, to discuss the current forms of risk ... read more >>
-
- Author:
- Antony W Hartington; Mike Falcone; William J K Mulcahy; Janet E Skinner; Steven Fisher; Jeffery E Sayers; Leslie F Waters
- Source:
- General Insurance Convention 1997
Catastrophe Modelling Working Party
This paper consist of three sections: A Short Introduction – which discusses the role Catastrophes have played recently and some of the reasons they can be expected to continue to cause severe human and economic dislocation. A Review of Scientific Issues ... read more >>
-
- Author:
- Nicholas Michaelides; Peter R Brown; Francis X Chacko; Mark C Graham; Jeremy W Haynes; David J Hindley; Sheree K Howard; Henry Johnson; Kathryn A Morgan; Craig T Pettengell; Richard A Rodriguez; David S Simmons
- Source:
- General Insurance Convention 1997
The premium rating of commercial risks
The purpose of this paper is to provide accessible, comprehensive and action provoking material for general insurance actuaries. This should provide guidance on how to approach commercial insurance pricing and help to develop skills in this area. It is the ... read more >>
-
- Author:
- Amer Ahmed; Richard Bulmer; Peter K Clark; Jonathan A Collins; Graham Fulcher; Maurizio Luladi; Esmee J A Robinson; Jeffery E Sayers; Alan C Spence; Stephen R Walker
- Source:
- General Insurance Convention 1997
The securitisation of insurance risk
In 1992 the Chicago Board of Trade launched a series of insurance futures and options contracts. These are based on indices linked to the incidence of natural catastrophes in specified regions of the USA. At the time, this was hailed as a major and ... read more >>
-
- Author:
- Paul Bennett; Peter K Clark; David P P Coughlan; Colin J W Czapiewski; Andrzej J Czernuszewicz; David M Hart; Andrew Hubbard; Peter D Johnson; Elizabeth A Jones; Bryan R P Joseph; John P Ryan; Simon H Sheaf
- Source:
- General Insurance Convention 1997
Statutory Reserve Reports and Opinions Working Party report
This year, much more effort has been concentrated on what needs to be done and associated professional issues. Clearly, normal Institute standards apply but included in the attached paper is a detailed description of accounting procedures. This is of ... read more >>