Document library
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International Accounting Standards - What needs to be done (Handout)
Accounting and auditing 1 abcd IAS What needs to be done 2003 Life Convention 9-11 November Mukesh Mittal Nigel Masters Hilton Birmingham Metropole Hotel PricewaterhouseCoopers Agenda • Timeline • Questions • Transition to IFRS • Phase I • Phase ... read more >>
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Unlocking business benefits of US GAAP (Handout)
Accounting and auditing 1 abcd 2003 Life Convention 9-11 November Hilton Birmingham Metropole Hotel Unlocking business benefits of US GAAP Alan Twigg Introduction ? US GAAP doesn’t always travel well ? Many detailed rules, some seem rather arbitrary ... read more >>
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Managing global business: the Irish market (Handout)
1 abcd 2003 Life Convention 9-11 November Hilton Birmingham Metropole Hotel Managing Global Business The Irish Market 2003 Life Convention 10 November Keith Parker Canada Life International Re Pamela Hagan KPMG Introduction The Irish (re) ... read more >>
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Management of a with-profit fund using option pricing techniques (Handout)
MANAGEMENT OF A WITH-PROFIT FUND USING OPTION PRICING TECHNIQUES Mark Willder Life Convention , Birmingham 10/11/03 1 Outline • The Contract — Unitised With-Profits • Problem 1 — Investment of Assets • A Solution • The Results ... read more >>
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The integrated prudential sourcebook - an overview (Slides)
Regulation; Financial services abcd The Integrated Prudential Sourcebook - an overview Martin Lees and Cindy Chan Agenda Structure of the PSB Capital resource requirements Capital resources eligible to be used Systems and controls – ... read more >>
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The realistic reporting of with-profits business (Handout)
With profits life assurance; Guarantees 1 abcd 2003 Life Convention 9-11 November The Realistic Reporting of With-Profits business David Hare (on behalf of the With-Profits Working Party of the 2005 Accounting Project) Ian Moran Terms of reference An ... read more >>
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Developing a risk-based capital framework for a composite insurance group (Slides)
Solvency Developing a Risk-Based Capital Framework for a Composite Insurance Group Anthony Bice and Andy Holtham 10 November 2003 Hilton Birmingham Metropole Hotel What is Risk Based Capital? ■ Capital requirement determined in a (more or less) ... read more >>
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Is the UK life assurance market competitive? Evidence from companies' charges (Slides)
Regulation ab cd Is the UK life assurance market competitive? Evidence from companies’ charges 2003 Life Convention, 9-11 November Hilton Birmingham Metropole Hotel Chris O’Brien Centre for Risk and Insurance Studies, Nottingham University Business ... read more >>
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Working with your auditors under the new regulations (Handout)
Accounting and auditing 1 Working with your auditors under the new regulations John Jenkins Derek Smith kpmg Overview ? Auditing asset shares ? Auditing realistic valuations (Peak 2) ? Use of dry runs ? Verifying compliance with PPFM Auditing asset ... read more >>
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Brandassurance and the virtual life office (Handout)
1 abcd 2003 Life Convention 9-11 November Hilton Birmingham Metropole Hotel abcd Brandassurance and the Virtual Life Office 10 November Nigel Cooke Neil Reynolds Agenda Glossary of Terms Partner / Joint Marketing FSA Handbook Requirements ... read more >>
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Pension annuities - opportunity or trap? A provider perspective (Handout)
1 abcd 2003 Life Convention 9-11 November Hilton Birmingham Metropole Hotel Pension annuities: opportunity or trap? A provider perspective Alec Findlater Pension annuities: opportunity or trap? ..or should it be: “Life insurance business other than ... read more >>
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Pension annuities - opportunity of trap? (Slides)
Pension annuities: opportunity or trap? Mike Wadsworth and Mark Joannes mike.wadsworth@eu.watsonwyatt.com mark.joannes@eu.watsonwyatt.com 2003 Life Convention Birmingham, 9-11 November 2 Topics overview ? Where is the market heading? ? Growth ... read more >>
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Sandler, with profits and alternative structures (Slides)
10 November 2003 Ian Maidens 2003 Life Convention – Let’s get real! B11 - Sandler With Profits and Alternative Structures Market Background Requirements for Sandler WP What do consumers want from WP? What new products have been ... read more >>
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Realistic balance sheets, stress testing and internal capital assessment (ICA) - a case study (Slides)
Financial statements 2003 Life Convention Realistic Balance Sheets, Stress Testing and Internal Capital Capital Assessment Session C01 A Case Study Barry Butler Paul Coulthard Tim Sheldon Realistic Balance Sheets, Stress Testing and Internal Capital ... read more >>
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A market fit for consumers (Handout)
Consumer attitudes; Consumer protection 1 abcd 2003 Life Convention 9-11 November Hilton Birmingham Metropole Hotel A market fit for consumers Laurie Edmans AEGON UK A market fit for consumers • Context: – Long term saving, especially retirement • ... read more >>
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Risk management issues and solutions in the life industry (Handout)
Derivatives 1 FINANCIAL MARKETS November 2003 Life 2003 Risk Management Issues and Solutions in the Life Industry Birmingham 9 – 11 November 2003 Paul Stanworth & Huw Williams Royal Bank of Scotland FINANCIAL MARKETS November 20032 Agenda ? ... read more >>
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Brands in life assurance (Handout)
1 Brands in Life Assurance Bob Gibson - The Belgrave Partnership Paul Hately - Swiss Re Life and Health Discussion 2003 Life Convention 9-11 November Hilton Birmingham Metropole Hotel Agenda ? What is brand? - RWG ? Single Vs multi brand ... read more >>
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IASB's exposure draft and the profession's response (Handout)
Accounting and auditing 1 1 abcd 2003 Life Convention 9-11 November IASB’s Exposure draft and the professions response Mukesh Mittal Ian Moran Life Accounting Issues Committee Hilton Birmingham Metropole Hotel 2 Background on ED 5 Why is it ... read more >>
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From embedded value to economic value (Handout)
Accounting and auditing 1 1 abcd 2003 Life Convention 9-11 November Hilton Birmingham Metropole Hotel From Embedded Value to Economic Value by Lance Burbidge & Demos Papasavvas 2 Agenda ? Introduction of Embedded Value reporting ? Recent market ... read more >>
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Tax management and current issues (Handout)
Life Tax Tax management and current issues Paul Turnbull paul.turnbull@eu.watsonwyatt.com 2003 Life Convention Birmingham, 9-11 November 2 Agenda ? Overview of life tax ? Myth of the shareholders marginal tax rate ? NC1 basis of tax and XSE ? ... read more >>