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Author:
General Insurance Board\; Current Issues Committee

General Insurance Current Issues Newsletter, March 2005

Contents include: Government and regulatory issues\; Solvency II\; Irish issues\; other international issues\; product news\; asbestos angle\; compensation corner\; other claims/legal issues Page 1 of 17 General Insurance Current Issues Newsletter as ... read more >>

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Author:
P J L O'Keeffe\; A J Desai\; K Foroughi\; G J Hibbett\; A F Maxwell\; A C Sharp\; N H Taverner\; M B Ward\; F J P Willis
Source:
Sessional meeting paper

Current developments in embedded value reporting [mp3 sound file]

This paper reviews the developments in reporting of traditional embedded value and summarises some of the reasons why this is now undergoing change. It considers the purpose of an embedded value calculation and the effect of differing attitudes to risk. ... read more >>

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Author:
P J L O'Keeffe; A J Desai; K Foroughi; G J Hibbett; A F Maxwell; A C Sharp; N H Taverner; M B Ward; F J P Willis
Source:
Sessional meeting paper

Current developments in embedded value reporting

This paper reviews the developments in reporting of traditional embedded value and summarises some of the reasons why this is now undergoing change. It considers the purpose of an embedded value calculation and the effect of differing attitudes to risk. ... read more >>

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Author:
Institute and Faculty of Actuaries

Mutual recognition agreements: Casualty Actuarial Society

Basis on which the Institute and Faculty of Actuaries will admit members of the Casualty Actuarial Society. 1 MUTUAL RECOGNITION AGREEMENT BETWEEN: THE CASUALTY ACTUARIAL SOCIETY, a professional membership organization founded in 1914 and ... read more >>

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Author:
Institute and Faculty of Actuaries

Mutual recognition agreements: Society of Actuaries

Basis on which the Institute and Faculty of Actuaries will admit members of the Society of Actuaries MUTUAL RECOGNITION AGREEMENT BETWEEN: THE INSTITUTE OF ACTUARIES a professional body incorporated in 1884, having its head office and principal ... read more >>

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Author:
CPD Committee

Continuing Professional Development: Features of a good event: overview and checklist

This document is an aide-memoire for those organising CPD events, giving an overview of important considerations and a checklist of features of a good event. abcd 1 Feb 2005 FEATURES OF A GOOD EVENT: OVERVIEW & CHECKLIST INTRODUCTION ... read more >>

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Source:
Sessional meeting paper

Realistic valuation of life office liabilities

This note sets out possible topics for discussion at the Faculty Sessional Meeting on 21 February 2005 which will take the form of a panel discussion on the realistic valuation of life office liabilities. David Forfar will chair the discussion and panel ... read more >>

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Author:
Tim Roff
Source:
Highlights of the 2004 Life Convention seminar

Business implications of the new capital framework

21 February 2005 1 Business Implications of the New Capital Framework 2005 Highlights of Life Convention Tim Roff 14 February 2005 Content • The new framework • With profit funds • Non profit funds • Capital and rate of return New ... read more >>

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Author:
Steven Rhodes
Source:
Highlights of the 2004 Life Convention seminar

Keynote speech of Lord Penrose and actuarial reforms from a legal standpoint

1 abcd Highlights of the 2004 Life Convention Copthorne Tara Hotel 14 Febr4ary 2005 Keynote speech of Lord Penrose and Actuarial Reforms from a Legal Standpoint Steven Rhodes, Barrister Deputy General Counsel Reinsurance Group of America Lord Penrose ... read more >>

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Author:
Pensions Board

GN19: Retirement benefit schemes - winding-up and scheme asset deficiency. Version 4.5

This pensions 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/GN19 V4.5 B19.1 GN19: ... read more >>

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Author:
Pensions Board\; Wendy Beaver

GN19: Retirement benefit schemes - winding-up and scheme asset deficiency. Version 4.5. Covering letter

Faculty of Actuaries Maclaurin House 18 Dublin Street Edinburgh EH1 3PP Tel: +44 (0)131 240 1300 Fax: +44 (0)131 240 1313 e-mail: faculty@actuaries.org.uk www.actuaries.org.uk Institute of Actuaries Staple Inn Hall High Holborn London WC1V ... read more >>

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Author:
Pensions Board

GN19: Retirement benefit schemes - winding-up and scheme asset deficiency. Version 4.5. Track changes version

This version of GN19 shows the track changes between Version 4.4 and Version 4.5. It is not part of the Manual of Actuarial Practice. 10 February 2005 THIS IS A TRACK CHANGES DOCUMENT AND NOT PART OF THE MANUAL OF ACTUARIAL PRACTICE 1 of 7 GN19: ... read more >>

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Author:
General Insurance Board\; David Hindley

GIB Mail. The General Insurance Board Newsletter. February 2005

Third in a series of newsletters form the General Insurance Board. This issue includes up to date information on general insurance committees\; major issues for the coming year\; GIRO\; the Morris Review\; Statutory Certification of Reserves\; the FSA\; ... read more >>

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Source:
Response from the Actuarial Profession

Submission by the Actuarial Profession in response to the Morris Review's Interim Assessment of December 2004

Response by the Actuarial Profession to Sir Derek Morris's interim assessment of December 2004. The profession considers the Review's central proposal - the combination of independent standard-setting, coupled with independent oversight of the ... read more >>

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Author:
Pensions Board\; Wendy Beaver

Pensions Technical Memorandum. TM1: Statutory Illustrations of Money Purchase Benefits Version 1.1. Covering letter

The Pensions Board is today releasing TM 1 version 1.1 which has been approved by both The Actuarial Profession, the Secretary of State for Work and Pensions and the Department for Social Development in Northern Ireland. Faculty of Actuaries Maclaurin ... read more >>

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Author:
Faculty of Actuaries Students Society

Current topics 2005 (FASS)

Authors: Jemma Beattie Rhian Brown Kenny Ettles Mark Kernaghan Sieliang Lau Ian Laverty Roddy Macpherson Neil Meldrum 2 Acknowledgements 1. As ever, it should be noted that the views expressed in this paper are entirely those of the ... read more >>