Document library
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- Author:
- A T Adams; P M Booth; B D MacGregor
- Source:
- British Actuarial Journal [BAJ] (1999) 5: 955-982
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- Author:
- M A Stocker; S D Dudley; G E Finlay; H J Fisher; O C H Wood; M H D Kemp; W Lumb; M W Miles; S L Wasserman
- Source:
- British Actuarial Journal [BAJ] (1999) 5(4): 763-800
The role and responsibilities of actuaries in the defined contribution environment in the United Kingdom
This paper takes an overview of the potential roles and responsibilities of pension scheme actuaries in the United Kingdom in relation to defined contribution (DC) schemes. First it summarises briefly the background to UK retirement provision and in ... read more >>
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GN32: Actuaries and friendly societies: general insurance business. Version 1.1 [Deleted from the Manual of Actuarial Practice on 1 Feb 2006]
This general insurance Guidance Note was deleted 01.02.06 MAP/GN32 V1.1 B32.1 GN32: Actuaries and Friendly Societies : General Insurance Business Classification Practice Standard Legislation or Authority Friendly Societies Act 1992 (1992, c40) (the ... read more >>
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GN1: Actuaries and long-term insurance business. Version 5.1
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/GN1 V5.1 ... read more >>
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GN33: Actuarial reporting for Lloyd's syndicates writing US business. Version 1.1
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 >>
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- Author:
- Continuous Mortality Investigation
CMI Report 16. Whole volume
The mortality of holders of permanent (whole life and endowment) policies of assurance 1991-94; The mortality of holders of temporary assurances issued in the United Kingdom, 1991-94; The mortality of immediate annuitants, holders of retirement annuity ... read more >>
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- Author:
- General Insurance Board
GN20: Actuarial reporting under the Lloyd's Valuation of Liabilities Rules. Version 4.1
This 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 Institute of ... read more >>
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- Author:
- Gott, D. W.; Jordan, G. A.; Mynott, D.; Ward, R.
- Source:
- Staple Inn Actuarial Society (1998)
Valuing our customers
Presented to the Staple Inn Actuarial Society on 20th October 1998 VALUING OUR CUSTOMERS by David Gott, Gavin Jordan, Dave Mynott and Russell Ward Contents Page 1 2 3 4 5 6 7 8 Introduction The Provider/Distributor/Customer Relationship A Short History ... read more >>
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- Author:
- Mark S Tenney
- Source:
- General Insurance Convention & ASTIN Colloquium 1998
Dynamic dynamic-programming solutions for the portfolio of risky assets
Dynamic programming solutions for optimal portfolios in which the solution for the portfolio vector of risky assets is constant were solved by Merton in continuous time and by Hakansson and others in discrete time. There is no case with a closed form ... read more >>
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- Author:
- John M Taylor
- Source:
- General Insurance Convention & ASTIN Colloquium 1998
Preparing for the Euro [summary only]
PREPARING FOR THE EURO WORKSHOP JOHN TAYLOR 1998 GENERAL INSURANCE CONVENTION AND ASTIN COLLOQUIUM GLASGOW, SCOTLAND: 7-10 OCTOBER 1998 407 Insurance Convention 1998 General & ASTIN Colloquium PREPARING FOR THE EURO Workshop by John Taylor, ... read more >>
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- Author:
- Jan Dhaene; Marc J Goovaerts
- Source:
- General Insurance Convention & ASTIN Colloquium 1998
Supermodular ordering and stochastic annuities
In this paper, we consider several types of stochastic annuities, for which an explicit expression for the distribution function is not available. We will construct a random variable with the same mean and which is larger in stop-loss order, for which the ... read more >>
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- Author:
- Renato Pelessoni; Liviana Picech
- Source:
- General Insurance Convention & ASTIN Colloquium 1998
Some applications of unsupervised neural networks in rate making procedure
In recent years, neural networks have been having a wide range of applications. In particular, the unsupervised neural networks are designed to implement clustering techniques. In this paper we apply a two-stage Kohonen Self-Organising Map to collect the ... read more >>
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- Author:
- David N Theaker; James R K Upson; Stuart A Wrenn
- Source:
- General Insurance Convention & ASTIN Colloquium 1998
Benchmarking
The aim of the paper is to bring together some of the ideas and issues associated with benchmarking, with particular reference to the insurance industry and the actuarial profession. Areas covered include consideration of the characteristics of benchmarks, ... read more >>
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- Author:
- Gary G Venter
- Source:
- General Insurance Convention & ASTIN Colloquium 1998
Asset modelling - empirical tests of yield curve generators
Some empirical tests for stochastic yield curve generators are proposed. The basis of the tests is to compare history to the model for the conditional distributions of various yield-curve statistics given the three-month rate. The term structure of US ... read more >>
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- Author:
- Hans Schmitter; Dino Toniolo
- Source:
- General Insurance Convention & ASTIN Colloquium 1998
The handling of continuous tariff variables: tips and experiences
Using continuous variables to describe some data we often Incur in some plausibility problems for extreme low and high values. Assuming that the continuous function which describes the relationship between some explanatory variables (covariates) and a ... read more >>
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- Author:
- Peter D England; Richard J Verrall
- Source:
- General Insurance Convention & ASTIN Colloquium1998
Standard errors of prediction in claims reserving: a comparison of methods. Analytic and bootstrap estimates of prediction errors in claims reserving
Renshaw and Verrall (1994) have suggested a stochastic claims reserving model which reproduces the reserve estimates provided by the standard chain ladder model (subject to constraints on the pattern of negative incremental claims). Their model falls ... read more >>
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- Author:
- Securitisation Working Party
- Source:
- General Insurance Convention / ASTIN Colloquium 1998
Including insurance indices and the boundaries
Page 1 of 78 Securitisation Working Party GISG October 1998 Including Insurance Indices and the boundaries between Banking and Insurance WORKING PARTY MEMBERS JEFF SAYERS (CO-CHAIRMAN) GRAHAM FULCHER (CO-CHAIRMAN) ALAN SPENCE ANDREW CHANDLER ANDREW ... read more >>
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- Author:
- Griselda Deelstra; Martino Grasselli; Pierre-Francois Koehl
- Source:
- General Insurance Convention & ASTIN Colloquium 1998
Strong stop-loss criteria: definition and application to risk management
In this paper, we define the concept of strong stop-loss domination and we use it for the obtention of bounds on the hedging price of random variables. These hedging prices depend on the characteristics of the agent and in particular on her utility ... read more >>
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- Author:
- Mike Falcone; Graham White
- Source:
- General Insurance Convention & ASTIN Colloquium 1998
Actuaries in claims management advisory roles [summary only]
ACTUARIES IN CLAIMS MANAGEMENT ADVISORY ROLES WORKSHOP Mike Falcone Graham White 1998 GENERAL INSURANCE CONVENTION AND ASTIN COLLOQUIUM GLASGOW, SCOTLAND: 7-10 OCTOBER 1998 401 Insurance Convention 1998 General & ASTIN Colloquium Actuaries in Claims ... read more >>
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- Author:
- UK Household Business Working Party 1998
- Source:
- General Insurance Convention / ASTIN Colloquium 1998
Appendix A: 1998 survey of proprietory risk assessment systems
In its 1997 paper, the working party reported upon a survey of proprietary risk assessment systems designed for use by UK household insurers and marketed by five different systems vendors. The purpose of this survey was to obtain information regarding the ... read more >>