Document library
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Effective decision making in a life company [mp3 sound file]
In the recent past life companies have made many decisions which they have had cause to regret deeply. This paper looks at the range of decision making theories available. It then examines recent examples of decisions that had unfavourable consequences ... read more >>
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Effective decision making in a life company
In the recent past life companies have made many decisions which they have had cause to regret deeply. This paper looks at the range of decision making theories available. It then examines recent examples of decisions that had unfavourable consequences ... read more >>
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Funding defined benefit pension schemes [mp3 sound file]
This paper puts the case for the Actuarial Profession revising and tightening its standards on actuarial funding advice in relation to United Kingdom occupational pension schemes. We critique current actuarial practice and advocate principles for ... read more >>
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Funding defined benefit pension schemes
This paper puts the case for the Actuarial Profession revising and tightening its standards on actuarial funding advice in relation to United Kingdom occupational pension schemes. We critique current actuarial practice and advocate principles for ... read more >>
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Longevity in the 21st century [mp3 sound file]
This paper was originally presented to the Faculty on 15 March 2004. This is an updated version for presentation to the Institute on 26 April 2004. The main objective of this paper is to offer a detailed analysis of mortality change in the United Kingdom ... read more >>
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Longevity in the 21st century
This paper was originally presented to the Faculty on 15 March 2004. This is an updated version for presentation to the Institute on 26 April 2004. The main objective of this paper is to offer a detailed analysis of mortality change in the United Kingdom ... read more >>
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The cohort effect: insights and explanations
This paper was originally presented to the Faculty of Actuaries on 15 March 2004. This is an updated version for presentation to the Institute of Actuaries on 26 April 2004. The purpose of the report is to achieve a greater understanding of the UK ... read more >>
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Quantifying operational risk in general insurance companies [mp3 sound file]
This 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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Quantifying operational risk in general insurance companies
This 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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Market consistent valuation of life assurance business [mp3 sound file]
In recent years there has been a trend towards market consistent valuation in those institutions for which actuaries have responsibilities. This paper examines the reasons for the adoption of market consistent valuation and discusses some of the ... read more >>
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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. This paper examines the reasons for the adoption of market consistent valuation and discusses some of the ... read more >>
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Hedge funds
The paper opens by showing how certain types of hedge funds can reduce the risk and increase the return on a traditional balanced managed fund. An outline of the characteristics and risks of three types of hedge funds namely, long-short equity, convertible ... read more >>
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Pension schemes and fixed income investment. Part 2 [mp3 sound file]
The purpose of this paper is to investigate the role that fixed income securities should play in pension scheme investment. ... read more >>
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Pension schemes and fixed income investment. Part 1 [mp3 sound file]
The purpose of this paper is to investigate the role that fixed income securities should play in pension scheme investment. ... read more >>
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Current issues in pensions
This paper outlines some background thinking to current pensions issues. In particular it addresses areas where the profession requires to articulate clearer views or reasoning about its position. Keywords: investment returns; equity risk premium; ... read more >>