Document library
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- Author:
- P J Sweeting
- Source:
- British Actuarial Journal [BAJ] (2004) 10: 353-418
Pension schemes and fixed income investment
PENSION SCHEMES AND FIXED INCOME INVESTMENT By P. J. Sweeting [Presented to the Institute of Actuaries, 26 January 2004] abstract The purpose of this paper is to investigate the role that fixed income securities should play ... read more >>
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- Source:
- British Actuarial Journal [BAJ] (2004) 10(5): 1047-1070
The Penrose report. A discussion meeting held by the Institute of Actuaries. Abstract of the discussion
The `Report of the Equitable Life Enquiry', by The Right Honourable Lord Penrose, was delivered to Treasury Ministers on 23 December 2003, and was published on 8 March 2004 by The Stationary Office (also at www.hm-treasury.gov.uk). Members were encouraged ... read more >>
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- Author:
- T J Sheldon; A D Smith
- Source:
- British Actuarial Journal [BAJ] (2004) 10(3): 543-626
Market consistent valuation of life assurance business
In recent years there has been a trend towards market consistent valuation in those institutions for which actuaries have responsibilities. The larger United Kingdom with-profits insurance companies are now preparing realistic balance sheets, both for ... read more >>
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- Author:
- R C Willets; A P Gallop; T Leandro; J L C Lu; A S Macdonald; K A Miller; S J Richards; N Robjohns; J P Ryan; H R Waters
- Source:
- British Actuarial Journal [BAJ] (2004) 10(4): 685-832
Longevity in the 21st century
The main objective of this paper is to offer a detailed analysis of mortality change in the United Kingdom at the beginning the 21st century. Starting from an exploration of 20th century mortality trends, focusing in particular on the 1990s, underlying ... read more >>
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- Author:
- M H Tripp; H L Bradley; R Devitt; G C Orros; G L Overton; L M Pryor; R A Shaw
- Source:
- British Actuarial Journal [BAJ] (2004) 10(5): 919-1026
Quantifying operational risk in general insurance companies
The paper overviews the application of existing actuarial techniques to operational risk. It considers how, working in conjunction with other experts, actuaries can develop a new framework to monitor/review, establish context, identify, understand and ... read more >>