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Author:
General Insurance Board

GN33: Actuarial reporting for Lloyd's syndicates writing US business. Version 4.0 [adopted by BAS on 19 May 2006]

This general 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/GN33 draft v1 ... read more >>

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Author:
General Insurance Board

GN50: General insurance principles and practice. Version 1.0 [adopted by BAS on 19 May 2006]

This general 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>. MAPGN50 V1.0 ... read more >>

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Author:
Life Office Taxation Working Party\; Matthew Little
Source:
The Actuary, April 2006

Budget 2006 and implications for life assurance

A look at the impact of some of the announcements made in the 2006 Budget. 1\\\datargt03\mydocslon$\102345\My Documents\Restored\work\W32\OFFICE97\Tax\Budget2006Article_The Actuary.doc Budget 2006 and implications for Life Assurance Matthew Little ... read more >>

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Author:
General Insurance Board

GN20: Actuarial reporting under the Lloyd's Valuation of Liabilities Rules. Version 7.0 [adopted by BAS on 19 May 2006]

This general 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>. MAPGN20 V7.0 ... read more >>

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Author:
General Insurance Board\; Current Issues Committee

General Insurance Current Issues Newsletter, March 2006

Contents include: EU Reinsurance Directive - Payment Protection Insurance (PPI) - Financial Services Compensation Scheme (FSCS) - Lloyd's ICA market feedback - contract certainty - Solvency II - CEIOPS - risk margins - US storms forecast above normal for ... read more >>

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Author:
A R Jones; P J Copeman; E R Gibson; N J S Line; J A Lowe; P Martin; P N Matthews; D S Powell
Source:
Sessional meeting paper

A change agenda for reserving. Report of the General Insurance Reserving Issues Taskforce (GRIT) [mp3 sound file]

Reserving is important to our profession as it is a core activity for actuaries. The members of the Taskforce have been considering how actuaries can improve the way in which we do reserving in general insurance. Keywords: reserves; best estimate; ranges; ... read more >>

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Author:
P J Copeman; E R Gibson; A R Jones; N S Line; J A Lowe; P Martin; P N Matthews; D S Powell
Source:
Sessional meeting paper

A change agenda for reserving. Report of the General Insurance Reserving Issues Taskforce (GRIT)

Reserving is important to our profession as it is a core activity for actuaries. The members of the General Insurance Reserving Issues Taskforce (GRIT) have been considering how actuaries can improve the way in which we do reserving in general insurance. ... read more >>

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Author:
P J Copeman; E R Gibson; A R Jones; N J S Line; J A Lowe; P Martin; P N Matthews; D W Powell
Source:
Sessional meeting paper

A change agenda for reserving. Report of the General Insurance Reserving Issues Taskforce (GRIT). Executive Summary

Reserving is important to our profession as it is a core activity for actuaries. The members of the General Insurance Reseving Issues Taskforce (GRIT) have been considering how actuaries can improve the way in which we do reserving in general insurance. ... read more >>

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Author:
Pensions Board\; Wendy Beaver
Source:
Briefing statement.

Briefing note. Final salary transfer values

Explores issues relating to final salary transfer values - the amount of money which an individual early leaver can take out of their pension scheme - which are calculated by actuaries. A report by Parliamentary Ombudsman Ann Abraham draws attention to ... read more >>

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Author:
Chief Risk Officer Forum

A market cost of capital approach to market value margins. Discussion paper

A discussion paper setting out a practical approach to calculate the preferred approach to the cost of capital. The paper also discusses the separation between hedgeable and non-hedgeable risks (pages 15 and 16), which is vital to apply effectively a ... read more >>

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Author:
Anne Taylor
Source:
Current Issues in Pensions seminar, Spring 2006

Duties of the modern trustee (handouts)

1 DUTIES OF THE MODERN TRUSTEE Anne Taylor PRE-1995 TRADITIONAL DUTIES Act in accordance with the law and the scheme s Trust Deed and Rules Act prudently, conscientiously, and honesty in good faith Act in the best interest of the scheme s ... read more >>

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Author:
Martin Potter
Source:
Current Issues in Pensions seminar, Spring 2006

Sponsor covenant risk and actuarial advice (handouts)

1 Sponsor Covenant Risk and Actuarial Advice Martin Potter 14.03.06 Incorporating sponsor covenant risk How do traditional methodologies fit? Disclosure & advice Effect on management of schemes Different points of reference Trustee concerns Ensure ... read more >>

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Author:
General Insurance Board; Derek Newton

GIB Mail. The General Insurance Board Newsletter. March 2006

The March 2006 newsletter from the General Insurance Board. This issue includes up to date information on: Professional Guidance - GNs 20, 33 and new GN50 (Principles and Practice); Professional Conduct Standards (PCS); Solvency II - update from the ... read more >>

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Author:
Martin Bird
Source:
Current Issues in Pensions seminar, Spring 2006

Simplification and all that ... (handouts)

1 H Simplification and all that Martin Bird, Hewitt Associates H Introduction Over 3 years since original simplification proposals .and now less than a month to go Have you kept up with all the detail? The usual client questions: How can they call it ... read more >>

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Author:
Brian Wilson
Source:
Current Issues in Pensions seminar, Spring 2006

Developments in longevity (slides)

Current Issues in Pensions DEVELOPMENTS IN LONGEVITY Bristol 24 February 2006 London 7 March 2006 Edinburgh 14 March 2006 London 3 April 2006 Agenda Recent CMI mortality experience New mortality tables Self-Administered Pension Schemes (SAPS) ... read more >>

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Author:
Faculty of Actuaries Students Society

Current topics 2006 (FASS)

FASS Current Topics Paper 2006 FASS Current Topics 2006 Authors: Ernst & Young: Sandy Trust, Chris Martis, Alastair Struth, Sarah Millman Scottish Life: Stuart Mainland, Alastair Röer, Siobhan Scullion, John Gunn FASS Current ... read more >>