Document library
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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
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- 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
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- 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
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- 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 >>
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Collaboration with the EPSRC - Quantitative finance initiative. Projects funded in the first round of grants
Collaboration with the EPSRC - Quantitative finance initiative Projects funded in the first round of grants A co-funding partnership between the Actuarial Profession and the Engineering and Physical Sciences Research Council (EPSRC) has been ... read more >>
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- Author:
- Spivak, Semyen; Akhtyamov, Ravil
The estimation of risks of investment of company's pension fund in it's own securities
Enron case brings up the issue that has long worried pension and benefits experts: a retirement plan hugely dependent on the health of the company that provides it. Enron’s own stock accounted for more than 60 percent of the assets in the $2.1 billion ... read more >>
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Collaboration with the EPSRC - Quantitative finance initiative. Projects funded in the second round of grants
Collaboration with the EPSRC - Quantitative finance initiative Projects funded in the second round of grants A co-funding partnership between the Actuarial Profession and the Engineering and Physical Sciences Research Council (EPSRC) has been ... read more >>
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- Author:
- Barry Butler; Paul Coulthard; Tim Sheldon
- Source:
- Life Convention 2003
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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- Author:
- Laurie Edmans
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- Life Convention 2003
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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- Author:
- Mike Wilson; Asad Jafree
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- Life Convention 2003
How to ensure that you have adequate systems and controls in place when using actuarial models (Slides)
Business enterprise; Management © 2003 Deloitte & Touche LLP. abcd 2003 Life Convention 9 - 11 November Mike Wilson & Asad Jafree, B&W Deloitte How to ensure that you have adequate systems and controls in place when using actuarial ... read more >>
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- Author:
- Sue Elliott
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- Life Convention 2003
Is it time for a review of guaranteed income protection? (Handout)
Permanent health insurance; Dread disease insurance; Guarantees 1 abcd “Is it time for a review of guaranteed income protection?” Life Convention 10-11 November 2003 Birmingham Agenda for today Background on income protection (IP) guarantees Summary ... read more >>
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- Author:
- Brian Valentine; Gary Collier
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- Life Convention 2003
Why good data for us is good data for you! (Handout)
1 GE Frankona Re g Life Convention 9-11 November 2003 Metropole Birmingham Why good data for us is good data for you! Brian Valentine and Gary Collier - 2 -12/16/2003 g GE Frankona Re Agenda • The importance of good data • Sources of data • Some ... read more >>
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- Author:
- James Orr, Bozena Piniecka, Sean Choi
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- General Insurance Convention 2003
The overhaul of Lloyd's realistic disaster scenarios: 2003 update
This paper has been produced by the members of the Loss Modelling Team within the Risk Management Division of Lloyd’s, which is a new team with responsibility for improving the quantification of risk within the Franchise (i.e. within both the Franchisor, ... read more >>
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- Author:
- Bill Baker
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- Healthcare Conference 2003
Critical illness: why reviewable rates are more appropriate (slides)
abcd The 2003 Healthcare Conference 5-7 October 2003 Scarman House, The University of Warwick Critical Illness Why reviewable rates are more appropriate. Bill Baker Swiss Re Life & Health Key Points Guarantees cannot be provided ... read more >>
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- Author:
- Sue Elliott
- Source:
- Healthcare Conference 2003
Is it time for a review of guaranteed income protection? (slides)
abcd “Is it time for a review of guaranteed income protection?” 5-7 October 2003 Scarman House, The University of Warwick Agenda for today Background on income protection (IP) guarantees Summary of previous publications FSA returns of key ... read more >>
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- Author:
- Adrian Pinnington
- Source:
- Healthcare Conference 2003
Reviewable contracts: a contradiction with consumer implications?
Healthcare Conference 5-7 October 2003 Reviewable contracts A contradiction with consumer implications? Adrian Pinnington Firstly I would like to point out that I am here today to play a role – to role-play in other words. Some of the views ... read more >>
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- Author:
- Simon Harris
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- Pensions Convention 2003
TMT 1999-2001: A bubble movie - an analysis of the biggest investment bubble in history! (handout)
1 G M O Q ua nt ita tiv e Re se ar ch abcd 2003 Pensions Convention 1 - 3 June Grand Hotel, Brighton TMT 1999 – 2001 A Bubble Movie An analysis of the biggest investment bubble in history! Simon Harris, GMO What happened: a reminder UK Equities G M O ... read more >>
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- Author:
- Matthew Taylor
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- Life Office Taxation Working Party
Taxation of long-term business
1 Taxation of long-term business Actuarial Profession Life Office Taxation Working Party June 2003 Introduction This paper seeks to provide a high level description of the taxation of long-term business in the United Kingdom. Long-term business ... read more >>
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- Author:
- The Actuarial Profession
Annual research report 2003
This document summarises the research work undertaken in the Actuarial Profession during 2003. 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:
- Neil Robjohns
- Source:
- The 2003 Healthcare Conference
Trends in critical illness risk costs (slides)
abcd The 2003 Healthcare Conference Actuaries Adding Value 5-7 October 2003 Scarman House, The University of Warwick Workshop Session A1 : Trends in Critical Illness Risk Costs Research Group Progress Report Neil Robjohns Dr Richard ... read more >>