Document library
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- Author:
- Tim Giles\; Tim Wilsdon\; T Worboys
- Source:
- Finance and Investment Conference 2003
Performance persistence in UK equity funds - a literature review
The Association of Unit Trust and Investment Funds (AUTIF) commissioned Charles River Associates Limited (CRA) to undertake an independent investigation of whether information on the past performance of UK unit trusts is useful for retail consumers (or ... read more >>
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- Author:
- Andreas Tsanakas; Peter Tavner
- Source:
- General Insurance Convention 2002
Capital allocation in the Lloyd's insurance market [Slides]
1 Capital Allocation in the Lloyd’s Insurance Market Andreas Tsanakas and Peter Tavner Market Risk and Reserving Unit Contents Part 1 Lloyd’s RBC Overview Peter Syndicate Specific Adjustments “ “ Operational Risk “ “ Catastrophe Risk ... read more >>
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- Author:
- Myners, Paul
- Source:
- British Actuarial Journal [BAJ] (2002) 8: 75-90
The Myners Review and subsequent issues
THE MYNERS REVIEW AND SUBSEQUENT ISSUES Lecture by P. Myners [Delivered to the Faculty of Actuaries, 15 October 2001] Introduction An Open Meeting was held by the Faculty of Actuaries on 15 October 2001, when Mr ... read more >>
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Annual research report 2001
This document summarises the research work undertaken in The Actuarial Profession during 2001. A high importance is placed on Research, as is demonstrated both through the activities of volunteers in working parties and through grants awarded to outside ... read more >>
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- Author:
- Steven Nyce; Sylvester Schieber
- Source:
- Ageing Population Conference 2002
Our assumptions about ageing and what we are doing about it (draft)
Demographic assumptions used in projecting aging costs. D R A F T Our Assumptions About Aging and What We Are Doing About It by Steven A. Nyce Watson Wyatt Worldwide and Sylvester J. Schieber Watson Wyatt Worldwide December 21, 2001 The opinions and ... read more >>
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- Author:
- Pensions Board\; Peter Tompkins
Financial Reporting Standard 17 Retirement Benefits [FRS 17]
With the introduction of Financial Reporting Standard 17 Retirement Benefits (FRS17) over the next two years, additional work will be needed by actuaries to produce the necessary numbers and disclosures for year-end accounts. This will place quite a focus ... read more >>
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GN1: Actuaries and long-term insurance business. Version 6.0
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/GN1 V6.0 ... read more >>
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- Author:
- General Insurance Board
Note and World Trade Center (WTC) Working Party Paper
This note, which incorporates the Paper referred to in 5 below, has been to supplement the Guidance Notes on reports and opinions produced under Guidance Notes GN12, GN18, GN20 and GN33. Issued December 2001 (with addendum December 2002). December 2001, ... read more >>
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- Author:
- Julian Lowe
Advisory Note on the US Terrorist Attacks (the WTC event) of 11 September 2001. Covering letter
This Advisory Note is being issued by the General Insurance Board to supplement the Guidance Notes on reports and opinions produced under Guidance Notes GN12, GN18, GN20 and GN33. The General Insurance Board of the Faculty and Institute of Actuaries set up ... read more >>
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- Author:
- Professional Affairs Board
GN35: Investment-related business activities. Version 1.0
This Guidance Note has been retained by the Actuarial Profession. MAP/GN35 V1.0 B35.1 GN 35 : Investment-Related Business Activities Classification Practice Standard Legislation or Authority Financial Services and Markets Act ... read more >>
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- Author:
- Life Board
GN8: Additional guidance for appointed actuaries and appropriate actuaries. Version 6.1
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/GN8 V6.1 ... read more >>
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- Author:
- Fair Valuation of Liabilities Working Party; C J Hairs; D J Belsham; N M Bryson; C M George; D J P Hare; D A Smith; S Thompson
- Source:
- Sessional Meeting paper
Fair valuation of liabilities
A project to develop an Accounting Standard for Insurance, with the aim of enhancing understandability, relevance, reliability and comparability of general purpose financial reporting for insurance worldwide, is being progressed by the International ... read more >>
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- Author:
- Simon Perry\; Stuart Robinson\; John Rowland
A study of mortgage prepayment risk
As recently as five years ago the average tenure of a residential mortgage in the UK was around seven years. Most lenders will tell you that the equivalent figure today is nearer four, due mainly to consumers’ increased willingness to switch lender for a ... read more >>
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- Author:
- Life Office Taxation Working Party\; Paul Turnbull
The impact of FRS 16 on reported profits
This article considers some of the background to calculating pre-tax embedded value profits and reviews the possible impact on the tax rate assumed for grossing up profits. The impact of FRS16 on reported profits Actuarial Profession Life Office Taxation ... read more >>
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Silverstein Properties Insurance Carriers: World Trade Center 1, 2, 4, 5
Silverstein Properties Insurance Carriers World Trade Center 1, 2, 4, 5 US Markets ACE Allianz Chubb / Federal Hartford IRI Lexington Liberty Mutual Group (LMG) Royal St Paul TIG Tokio Marine Travelers Travelers Gulf Twin City XL Bermuda Zurich US London ... read more >>
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- Author:
- World Trade Center Working Party
Company loss forecasts (High/Low)
World Trade Center Working Party - Company Loss Forecasts Institute/Faculty of Actuaries - World Trade Center Working Party Company Loss Forecasts Low High Lloyd's Comments (US$m) (US$m) Berkshire Hathaway 2,200 2,200 Net pre-tax loss Munich Re ... read more >>
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Placing presentation for the World Trade Center property insurance
The World Trade Center is one of the most prominent commercial real estate complexes in the world and a hallmark of the Manhattan skyline. This document discusses many of the physical characteristics of the complex, various protection and risk control ... read more >>
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- Author:
- World Trade Center Working Party
Company loss forecasts (Gross/Net)
Institute/Faculty of Actuaries - World Trade Center Working Party Company Loss Forecasts Gross/ Gross Net Net (US$m) (US$m) Lloyd's of London 8,000 1,900 421% Munich Re 3,000 1,942 154% GE (Employers Re) 3,000 600 500% Berkshire Hathaway ... read more >>
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- Author:
- World Trade Center Working Party
World Trade Center: company occupants
Company Business Floor Company Business Floor 100's 100's Showtime Pictures Business Services 107 Channel 11 (WPIX) Television 110 Atlantic Bank of New York Financial Institution 106 Channel 2 WCBS) Television 110 Sandler O'Neil & ... read more >>
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- Author:
- Lloyd's of London
Lloyd's funding decision
Lloyd's of London, the world's leading insurance market, announced today that it has reached agreement with the New York Insurance Department in conjunction with National Association of Insurance Commissioners (NAIC) on the funds required for its "Credit ... read more >>