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Author:
Reinsurance Bad Debt Provisions Working Party; Richard Bulmer (Chairman)
Source:
Advisory note

Reinsurance bad debt provisions for general insurance companies. With supplementary note October 2005

There is currently no standard approach to the assessment of reinsurance bad debt provisions. This paper covers: the principal actuarial issues which need to be considered when setting reinsurance bad debt provisions; possible methodologies which could be ... read more >>

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Author:
Life Board

GN22: Disclosure - FSA rules. Version 2.2 [adopted by BAS on 19 May 2006]

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/GN22 V2.2 B22.1 ... read more >>

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Author:
Professional Affairs Board

GN1: The prudential supervision in the UK of long-term insurance business. Version 6.2 [adopted by BAS on 19 May 2006]

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 V6.2 B1.1 ... read more >>

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Author:
Life Board

GN40: The role of the actuarial function holder. Version 1.0 [superseded by version 1.1 prior to coming into effect on 31 Dec 2004]

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/GN40 V1.0 B40.1 ... read more >>

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Author:
Life Board

GN45: Determining with-profits insurance capital component. Version 1.1

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/GN45 V1.1 B45.1 ... read more >>

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GN7: The role of actuaries in relation to financial statements of insurers and insurance groups writing long-term business and their relationship with auditors. Version 3.1 [adopted by BAS on 19 May 2006]

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/GN7 V3.1 B7.1 ... read more >>

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Author:
Life Board

GN46: Individual capital assessment. Version 1.1 [adopted by BAS on 19 May 2006]

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/GN46 V1.1 B46.1 ... read more >>

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Author:
Life Board

GN47: Stochastic modelling for life insurance reserving and capital assessment. Version 1.1 [adopted by BAS on 19 May 2006]

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/GN47 V1.1 B47.1 ... read more >>

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Author:
Pensions Board

GN48: Compliance review: Pensions. Version 1.0

This GN was current from 31 December 2004 to 31 December 2006. This pensions Guidance Note has been retained by the Actuarial Profession. MAPGN48 V1.0 B48.1 GN48: Compliance Review: Pensions Classification Recommended Practice from 31.12.04 to ... read more >>

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Author:
Life Board

GN8: Additional guidance on the valuation of long-term insurance business. Version 7.1 [adopted by BAS on 19 May 2006]

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 V7.1 B8.1 ... read more >>

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Author:
Life Board

GN42: The reviewing actuary. Version 1.0 [adopted by BAS on 19 May 2006]

This life insurance Guidance Note has been adopted by the Board for Actuarial Standards. MAP/GN42 V1.0 B42.1 GN42: The Reviewing Actuary Classification Practice Standard MEMBERS ARE REMINDED THAT THEY MUST ALWAYS COMPLY WITH THE PROFESSIONAL ... read more >>

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Author:
Life Board

GN43: The role of the appropriate actuary. Version 1.0 [adopted by BAS on 19 May 2006]

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/GN43 V1.0 B43.1 ... read more >>

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Author:
Life Board

GN40: The role of the actuarial function holder. Version 1.1

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/GN40 V1.1 B40.1 ... read more >>

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Author:
Life Board

GN44: Mathematical reserves and resilience capital requirement. Version 1.1

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/GN44 V1.1 B44.1 ... read more >>

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Author:
Life Board

GN37: The Financial Services and Markets Act 2000 (Communications by Actuaries) Regulations 2003. Version 1.1 [superseded]

This life insurance Guidance Note has been retained by the Actuarial Profession. MAP/GN37 V1.1 B37.1 GN37: The Financial Services and Markets Act 2000 (Communications by Actuaries) Regulations 2003 Classification Recommended Practice MEMBERS ... read more >>

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Author:
Life Board

GN41: The role of the with-profits actuary. Version 1.1

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/GN41 V1.1 B41.1 ... read more >>

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Author:
Life Board

GN39: General responsibilities of and relationships between actuarial function holders, with-profits actuaries, appropriate actuaries, and reviewing actuaries of UK life insurance firms and friendly societies. Version 1.1

This life insurance Guidance Note has been adopted by the Board for Actuarial Standards. MAP/GN39 V1.1 B39.1 GN39: General Responsibilities of and Relationships between Actuarial Function Holders, With-Profits Actuaries, Appropriate Actuaries, and ... read more >>

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Author:
Life Board

GN44: Mathematical reserves and resilience capital requirement. Version 1.0 [superseded by version 1.1 prior to coming into effect on 31 Dec 2004]

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/GN44 V1.0 B44.1 ... read more >>

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Author:
Life Board

GN46: Individual capital assessment. Version 1.0 [superseded by version 1.1 prior to coming into effect on 31 Dec 2004]

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/GN46 V1.0 B46.1 ... read more >>

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Author:
General Insurance Board

GN20: Actuarial reporting under the Lloyd's Valuation of Liabilities Rules. Version 6.1

This general insurance Guidance Note has been adopted by the Board for Actuarial Standards. The latest version is available on the BAS website. MAP/GN20 V6.1 B20.1 GN20: Actuarial Reporting under the Lloyd’s Valuation of Liabilities Rules ... read more >>