Document library
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Challenges for Australian GI actuaries this summer (handouts)
1 The Role of the Actuary Caroline Pearson, Punter Southall & Co 24 November 2006 The Role of the Actuary “It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.” Charles Darwin (1809 ... read more >>
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Capital structures in insurance (handouts)
1 33rd ANNUAL GIRO CONVENTION Hilton Vienna Hotel, Am Stadtpark Capital Structures In Insurance So, you have calculated your ICA And the FSA have given you some ICG. What happens next? Properties of capital allocation What capital to allocate How to ... read more >>
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Report of the data quality working party (2006)
The Data Quality Working Party was formed because of the view that data quality issues significantly impact the work of general insurance actuaries; and such issues could have a material impact on the results of general insurance companies. •In this paper ... read more >>
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GN51: Retirement benefit schemes - modification of subsisting rights without consent. Version 1.1
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/GN51 V1.1 B51.1 GN51: ... read more >>
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Embedding capital models in the business
25/08/2006 1/46 Institute of Actuaries Working- Party: Embedding Capital Models in the Business Matthew Byrne Cathryn Dunlop Steven Fisher Ian Hilder Alex Marcuson (Chair) Loan-Anh Nguyen Penny Shaw James Toller 33rd ... read more >>
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GN51: Retirement benefit schemes - Modification of subsisting rights without consent. Version 1.1. Covering letter
Version 1.1 of GN51: Retirement benefit schemes - modification of subsisting rights without consent - is being issued following consultation under Due Process on Version 1.0 which was exposed simultaneously as a Fast Track Guidance Note and an Exposure ... read more >>
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An actuarial toolkit. Introducing "The Toolkit Manifesto"
We ve found some exciting tools and have given some examples on our website www.toolkit.pbwiki.com. But you have to play with them to see their value. We're sorry but we re delegating your CPD to you. Business often has a one-size-fits-all strategy to IT. ... read more >>
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Working Parties in the CAS [copies of slides]
1 D03: Working Parties in the CAS 33rd ANNUAL GIRO CONVENTION Hilton Vienna Hotel, Am Stadtpark Mark R. Shapland, FCAS, ASA, MAAA Donald F. Mango, FCAS, MAAA Session Outline Working Parties in the CAS? Completed CAS Working Parties CAS Working Parties ... read more >>
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Why run-off companies should take DFA seriously [copies of slides only]
33rd ANNUAL GIRO CONVENTION Hilton Vienna Hotel, Am Stadtpark WHY RUN-OFF COMPANIES SHOULD TAKE DFA SERIOUSLY Jonathan Broughton & Paul Murray Aims of workshop ? Overview of: ? Why do DFA in run-off? ? Where is it useful / What are the benefits? ... read more >>
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Joined-up risk management - linking pricing, reserving and capitalisation
1 Plenary Session 6 Update from GIB Chairman Joined-up Risk Management Linking Pricing, Reserving and Capital 33rd ANNUAL GIRO CONVENTION Hilton Vienna Hotel, Am Stadtpark Outline Chairman s Opening Remarks Background to Session A Quick Plug Derek ... read more >>
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Recommendations for general insurer risk management
1 Plenary 6 Recommendations for General Insurer Risk Management Don Mango, FCAS Guy Carpenter, USA 33rd ANNUAL GIRO CONVENTION Hilton Vienna Hotel, Am Stadtpark Recommendations for General Insurer Risk Management: 1. Underwriting Capacity ... read more >>
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Solvency II and Basel II - What can actuaries learn? [copies of slides]
SOLVENCY II AND BASEL II - WHAT CAN ACTUARIES LEARN? 33rd ANNUAL GIRO CONVENTION Hilton Vienna Hotel, Am Stadtpark Introduction ? The current Basel II regime ? The current FSA regime ? The proposed Solvency II regime ? Credit Risk ? Market Risk ... read more >>
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Reinsurance matters! On behalf of the working party (Handout)
1 REINSURANCE MATTERS! Mark Flower & Visesh Gosrani on behalf of the working party 28 September, 2006 Coming right up The working party and our mission Why Reinsurance Matters to you What we ve done this year What might be done: The future? Episode ... read more >>
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Report of the Catastrophe Modelling Working Party
The first part of the paper gives a brief introduction to catastrophe modelling. We then discuss the uses that actuaries make of catastrophe models in their work. •The subsequent sections of the paper then address in detail various aspects of the models ... read more >>
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Do non-life insurers treat customers fairly? (Slides)
Do Non-Life Insurers Treat Customers Fairly? Camilla Bennett, Andrew Goldby, Chris Jelfs, Shane Kingston, Wendy Seago and Ryan Warren 27th September 2006 Treating Customers Fairly? Workshop Agenda ? Highlights from the working party paper ? Key ... read more >>
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Using the work of other professionals (handouts)
1 Using the Work of Other Professionals 33rd ANNUAL GIRO CONVENTION Hilton Vienna Hotel, Am Stadtpark Introduction Structure of session Whose work do we use? When? How? Case studies How do other professions deal with this ? Is there a need for ... read more >>
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General Insurance Premium Rating Issues Working Party (GRIP) (handouts)
1 32nd ANNUAL GIRO CONVENTION The Imperial Hotel, Blackpool GRIP GRIP (General Insurance Premium Rating Issues Working Party) Duncan Anderson (Chairman) Clive Bolton Gary Callan Martin Cross Sheree Howard Grant Mitchell Karl Murphy David O'Connor James ... read more >>
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D&O pricing, not as easy as ABC (handouts)
1 D&O Pricing, Not as Easy as ABC Anup Seth September 2006 Agenda D&O Product Overview Typical D&O Programme Claim Frequency Claim Severity Financial Markets Approach Case Study D&O Product Overview Definition of Coverage A D&O ... read more >>
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General Insurance Board Report (handouts)
1 33rd ANNUAL GIRO CONVENTION The Hilton Hotel, Vienna 28th September 2006 GI Board Report GI Board Report 2005-2006 Who was on the Board: ? Catherine Barton ? Peter Copeman ? Kendra Felisky ? Justyn Harding ? Andrew Hitchcox ? David Hindley ? ... read more >>
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Embedding capital models in the business (handouts)
1 Embedding Capital Models in the Business Plenary 7 – Friday 29 September 2006 Ian Hilder and Alex Marcuson 33rd ANNUAL GIRO CONVENTION Hilton Vienna Hotel Am Stadtpark Working Party Members ? Matthew Byrne ? Cathryn Dunlop ? Steven Fisher ? ... read more >>