Document library
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- Author:
- Life Office Taxation Working Party\; Paul Turnbull
Loan relationships and the taxation of derivatives
This article outlines the definition of loan relationships and how taxation of these assets is relevant to the regime for taxing derivatives. Loan relationships and the taxation of derivatives Actuarial Profession Life Office Taxation Working Party ... read more >>
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- Author:
- Life Office Taxation Working Party
Life insurance tax changes, January 2003
On 23rd December 2002 the Inland Revenue issued a press release announcing a number of proposed changes to life tax. Life Insurance Tax Changes Actuarial Profession Life Office Taxation Working Party January 2003 On 23rd December the Inland ... read more >>
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- Author:
- M A H Dempster; M Germano; E A Medova; M Villaverde
- Source:
- British Actuarial Journal [BAJ] (2003) 9: 137-216
Global asset liability management
GLOBAL ASSET LIABILITY MANAGEMENT By M. A. H. Dempster, M. Germano, E. A. Medova and M. Villaverde [Presented to the Institute of Actuaries, 25 November 2002] abstract Dynamic financial analysis (DFA) is a technique which ... read more >>
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- Author:
- Life Office Taxation Working Party\; Matthew Taylor
Guaranteed equity bonds
Guaranteed equity bonds taxation: heads, they win\; tails, you lose! Guaranteed Equity Bonds Actuarial Profession Life Office Taxation Working Party January 2002 GEB taxation: heads, they win; tails, you lose! In June 2001 the Special Commissioners, ... read more >>
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- Author:
- A T Adams; P M Booth; B D MacGregor
- Source:
- British Actuarial Journal [BAJ] (2003) 9: 619-635
Lease terms, option pricing and the financial characteristics of property
LEASE TERMS, OPTION PRICING AND THE FINANCIAL CHARACTERISTICS OF PROPERTY By A.T. Adams, P.M. Booth and B.D. MacGregor abstract Traditional and standard discounted cash flow valuation techniques are unable to deal with a ... read more >>
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- Author:
- G Heywood; J R Marsland; G M Morrison
- Source:
- British Actuarial Journal [BAJ] (2003) 9: 1061-1140
Practical risk management for equity portfolio managers
PRACTICAL RISK MANAGEMENT FOR EQUITY PORTFOLIO MANAGERS By G. C. Heywood, J. R. Marsland, and G. M. Morrison [Presented to the Institute of Actuaries, 28 April 2003] abstract The paper highlights the role of risk ... read more >>
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- Author:
- A J Hibbert; C J Turnbull
- Source:
- British Actuarial Journal [BAJ] (2003) 9: 725-786
Measuring and managing the economic risks and costs of with-profits business
MEASURING AND MANAGING THE ECONOMIC RISKS AND COSTS OF WITH-PROFITS BUSINESS By A.J. Hibbert and C.J. Turnbull [This paper was written following a presentation to a meeting of the Faculty of Actuaries on 17 February ... read more >>
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- Author:
- Continuous Mortality Investigation
CMI Working paper 1. An interim basis for adjusting the 92 series mortality projections for cohort effects
The rate of improvement in male pensioner mortality since the publication of the 92 series tables has been significantly faster than anticipated in the projection factors that formed part of those tables. Given this the CMI has further analysed the ... read more >>
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- Author:
- Continuous Mortality Investigation
- Source:
- CMI Working paper 1
Cohort improvement factors
CMI Working paper 1. An interim basis for adjusting the 92 series mortality projections for cohort effects. Long Cohort Annual Imp Calendar ... read more >>
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- Author:
- Continuous Mortality Investigation
- Source:
- CMI Working paper 1
Assured lives spline graduation
CMI Working paper 1. An interim basis for adjusting the 92 series mortality projections for cohort effects. Smooth rates - mx Calendar ... read more >>
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- Author:
- Continuous Mortality Investigation
- Source:
- CMI Working paper 1
Assured lives crude rates
CMI Working paper 1. An interim basis for adjusting the 92 series mortality projections for cohort effects. Crude Deaths Cohort analysis - Investigation 01, males, all medical statuses combined, all smoker statuses combined, all durations combined - ... read more >>
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- Author:
- Continuous Mortality Investigation
- Source:
- CMI Working paper 1
All office male pensioner spline graduation
CMI Working paper 1. An interim basis for adjusting the 92 series mortality projections for cohort effects. Smooth rates - mx Calendar ... read more >>
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- Author:
- Continuous Mortality Investigation
- Source:
- CMI Working paper 1
Loyal office male pensioner lives crude rates
CMI Working paper 1. An interim basis for adjusting the 92 series mortality projections for cohort effects. Male ... read more >>
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- Author:
- Customers' Interests Working Party\; Stuart Thompson (Chairman)
Report of the Customers' Interests Working Party
The Customers' Interests Working Party was established early in 2000 by the Research Committee of the Life Board in response to the FSA principle of business concerning the fair treatment of customers. In November 2002, it produced a report pulling ... read more >>
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- Author:
- Life Board; Actuarial Governance Working Party
The current role of the Appointed Actuary function in life offices
Thia paper sets out 11 key aspects of the current appointed actuary role in life offices, indicating the primary purpose of the work involved and how it might fit in the framework outlined in the FSA's With-Profits Review May 2002 Feedback Paper "Future ... read more >>
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- Author:
- Life Board\; Actuarial Governance Working Party
Developing the Appointed Actuary role
In May 2002 the FSA published a paper entitled 'Feedback statement: Future role of actuaries in the governance of life insurers'. This document proposed the abolition of the post of Appointed Actuary as established under Chapter 4 of the FSA Supervision ... read more >>
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- Author:
- Bruce Porteous
- Source:
- Insurance Risk, June 2002
Managing post-convergence risks in financial conglomerates
As financial services firms converge, the range of products they offer naturally increases. The next task is to choose the best methods to most effectively manage risk and economic capital. This article, prepared under the auspices of the UK actuarial ... read more >>
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Tech 04/02: Implications for the auditors of insurers of uncertainties arsing from World Trade Center losses
This memorandum gives guidance to auditors required to give opinions on financial statements and regulatory returns of insurers in the United Kingdom, including Lloyd’s syndicates, where the impact of World Trade Center and other losses relating to the ... read more >>
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- Author:
- Faculty of Actuaries Students Society
Current topics 2002 (FASS)
Current Topics 2002 Authors: Alison Bunn William Campbell Euan Munro Jonathan Pears Jan Roxburgh Eric Shinnie Fraser Stewart Lorraine Vassou Lynn Watson Presented to the Faculty of Actuaries Students Society on 25 February 2002 2 Contents Contents ... read more >>
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- Author:
- Continuous Mortality Investigation
- Source:
- CMI Working paper 1
Loyal office male pensioner lives spline graduation
CMI Working Paper 1. An interim basis for adjusting the 92 series mortality projections for cohort effects. Smooth rates - mx Calendar ... read more >>