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Source:
Life Office Taxation Working Party

Pre-budget report 2006 and implications for life assurance

This year's Pre-Budget Report issued on 6 December 2006 contained significant detail that has implications for the taxation of life assurance companies and Friendly Societies. This paper summarises the key areas likely to be of most interest to life ... read more >>

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Report on the 2006 Scottish Actuaries Club Outing, 29 September - 1 October 2006

SCOTTISH ACTUARIES CLUB Report on 2006 Outing 29th September – 1st October 2006 Ten of the Club’s members and their wives converged on Gleddoch House Hotel on 29th September, fifty percent of the members were exiled FFAs, whilst forty ... read more >>

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The alternative route home. Alternative report on the Scottish Actuaries Club 2006 Outing, 29 September - 1 October 2006

SCOTTISH ACTUARIES CLUB Alternative Report on 2006 Outing, 29 September – 1 October 2006 The Alternative Route Home In the afternoon 4 Mt Stuart Garden Refuseniks (that’s refuse, not refuse) took off for Gleddoch via the scenic road round ... read more >>

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Author:
S R Diacon, P T Fenn and C O’Brien

How accurate are the disclosed provisions of UK general insurers?

This paper attempts to measure the size of reserve errors in the accident-year accounted business of UK general insurers over the period 1985 to 1996, focusing on the net reserves for reported and incurred claims (ie IBNR) reported in annual regulatory ... read more >>

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Source:
Life Office Taxation Working Party\; Andrew Rendell

Life Office Tax consultation - Income apportionments

HMRC are consulting on a review of life company taxation, aiming to improve the current I minus E system. The apportionment of income and gains falls within this scope. \\datargt03\mydocslon$\102345\My Documents\Restored\work\W32\OFFICE97\Tax\tax ... read more >>

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Journal of the Institute of Actuaries (JIA). Volumes 1-69 contents pages

Journal of the Institute of Actuaries Volumes 1 - 69 Contents JIA (Assurance Magazine) v.1 (1848-1851) p.I: 1-20 Memoir of the early history of auxilliary tables for the computation of life contingencies. - Hendriks, F. p.I: ... read more >>

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Transactions of the Faculty of Actuaries (TFA). Volumes 1-25 contents pages

Transactions of the Faculty of Actuaries Volumes 1 - 25 Contents TFA v.1 (1901-1903) p.3-16 History and present position of the Faculty of Actuaries in Scotland. [Inaugural address by the President] - Low, G. M. p.17-47 First ... read more >>

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Author:
Camilla Bennett; Andrew Goldby; Chris Jelfs; Shane Kingston; Wendy Seago; Ryan Warren
Source:
General Insurance Convention 2006

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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Author:
The Institute and Faculty of Actuaries

Guidance on knowledge students will be assumed to have (Subject CA2)

Guidance on knowledge students will be assumed to have for subject CA2: Model documentation, analysis and reporting Guidance on knowledge assumed for the CA2 practical exam It is expected that students will be familiar with computer based spreadsheets ... read more >>

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Author:
Life Ofice Taxation Working Party: Matthew Little and Trevor Fannin

HMRC consultation on life office taxation - Crown Option

A consultation exercise into life company taxation is currently ongoing, aiming to improve the current I minus E system whilst removing any unnecessary barriers to commercial transactions (especially business transfers). Within scope is the possibility of ... read more >>

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Author:
Continuous Mortality Investigation

CMI Working paper 23. Analysis of individual income protection experience by cause of disability

CMI Working paper 23. Analysis of individual income protection experience by cause of disability Continuous Mortality Investigation Income Protection Committee WORKING PAPER 23 Analysis of Individual Income Protection experience by cause of ... read more >>

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Author:
Continuous Mortality Investigation

CMI Working paper 23. Inceptions data by WP23 cause groupings

Data by Quad Inceptions data by Working Paper 23 cause groupings Includes duplicates. Expected values are for all causes (calculated on the basis of the graduated male, individual, Standard experience for 1975-78). Deferred Period 4-52 ... read more >>

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Author:
Continuous Mortality Investigation

CMI Working paper 23. Terminations data by WP23 cause groupings

Used for Figure C2 in the appendix to ... read more >>

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Author:
Continuous Mortality Investigation
Source:
"00" series of mortality tables

AFC00 - Permanent Assurances, females, combined

AFC00 Permanent Assurances, females, combined - AFC00 two years select: values of q[x-t]+t Age x Duration 0 Duration 1 Durations ... read more >>

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Author:
Continuous Mortality Investigation
Source:
"00" series of mortality tables

PNMA00 - Pensioners, males, Normal, amounts

PNMA00 Life Office Pensioners, males, Normals, amounts - PNMA00 ultimate: values of qx Age x Durations ... read more >>

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Continuous Mortality Investigation

CMI Working paper 21. Mortality rates for the 00 series assured lives tables, based on data for 1999-2002 collected by the CMI

CMI Working paper 21. Mortality rates for the 00 series assured lives tables, based on data for 1999-2002 collected by the CMI NOTES IMPORTANT NOTES 1 This spreadsheet contains mortality rates for the "00" Series assured lives tables, based on data ... read more >>

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Author:
Continuous Mortality Investigation

CMI Working paper 22. Mortality rates for the 00 Series annuitant and pensioner tables

CMI Working paper 22. Mortality rates for the 00 series annuitant and pensioner tables, based on data for 1999-2002 collected by the CMI NOTES IMPORTANT NOTES 1 This spreadsheet contains mortality rates for the "00" Series annuitant and pensioner ... read more >>

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Author:
Continuous Mortality Investigation

CMI Working paper 21. The graduation of the CMI 1999-2002 mortality experience: final 00 series mortality tables - assured lives

CMI Working paper 21. The graduation of the CMI 1999-2002 mortality experience: final 00 series mortality tables - assured lives Continuous Mortality Investigation Mortality Committee Working Paper 21 The Graduation of the CMI 1999-2002 Mortality ... read more >>

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Author:
Continuous Mortality Investigation

CMI Working paper 22. The graduation of the CMI 1999-2002 mortality experience: final 00 series mortality tables - annuitants and pensioners

CMI Working paper 22. The graduation of the CMI 1999-2002 mortality experience: final 00 series mortality tables - annuitants and pensioners Continuous Mortality Investigation Mortality Committee Working Paper 22 The Graduation of the CMI ... read more >>

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Author:
Madhusudan Acharyya; Johnnie Johnson

Investigating the development of enterprise risk management in the insurance industry: an empirical study of four major European insurers

The objective of this article is to report the results of a study examining the Enterprise Risk Management (hereinafter referred to as “ERM”) practiced by four European-based insurance companies. In particular, the study explores the understanding, ... read more >>