Document library
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- Author:
- Professional Affairs Board
Due process for approving standards issued by the Actuarial Profession (AP Standards). Version 1.0
This document sets out a procedure designed to enable and encourage members of the Actuarial Profession and other interested parties to participate in the production of AP Standards of the highest quality. It is effective from 1 January 2007. PSD/DP V1.0 ... read more >>
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Memorandum of understanding between the UK Actuarial Profession and the Pensions Regulator
This memorandum sets out the guidelines and procedures for the exchange of information between the Faculty of Actuaries, the Institute of Actuaries and the Pensions Regulator\; and also for co-operation and co-ordination between the Profession and the ... read more >>
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- Author:
- Tim Kirk
- Source:
- Life Convention 2006
Collaboration, conflict or confusion. Understanding the responsibilities of providers and distributors for the fair treatment of customers (Handout)
1 Collaboration, Conflict or Confusion Understanding The Responsibilities of Providers and Distributors for the Fair Treatment of Customers 2 Provider and distributor responsibilities ? More stable relationship ? Better outcomes ? ABI, AIFA, FSA ? ... read more >>
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- Author:
- Paul Mylet; Hugh Francis
- Source:
- Life Convention 2006
IFRS Phase II: Sorting out insurance accounting once and for all (handout)
Date 1 PricewaterhouseCoopers LLP Life Convention 2006 IFRS Phase II: Sorting out Insurance Accounting Once and For All? November 2006 PricewaterhouseCoopers LLP Contents Background Recent IASB discussions and tentative decisions ... read more >>
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- Author:
- John Jenkins; Clayton Balkind
- Source:
- Life Convention 2006
Good, better, best practice: A look at how actuaries are meeting today's challenges with respect to ICA, EV and Regulatory Reporting (slides)
Good, Better, Best Practice: A look at how actuaries are meeting today’s challenges with respect to ICA, EV and Regulatory Reporting John Jenkins and Clayton Balkind e-Survey: Background Background ? Information on assumptions and results are ... read more >>
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- Author:
- Richard Budden; Andy Cope
- Source:
- Life Convention 2006
Actuarial systems and controls - the challenge (handout)
1 Actuarial Systems & Controls – The Challenge Richard Budden Andy Cope Workshop B01 Life Convention Glasgow November 2006 The story so far….. ? 2005 ? Visited 6 companies ? Internal FSA report ? 2006 ? Life Insurance Newsletter (February) ? ... read more >>
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- Author:
- Andrew Smith
- Source:
- Life Convention 2006
Sampling error. How to measure and minimise it
andrewdsmith8@deloitte.co.uk Front The Actuarial Profession making financial sense of the future Sampling Error How to Measure and Minimise It Andrew D Smith 2006 Life Convention Session C02 15:00-16:00, Monday 6 ... read more >>
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- Author:
- Jon Whitaker
- Source:
- Life Convention 2006
Offshoring operations - a life company perspective (handout)
1 Offshoring Operations – A Life Company Perspective Workshop D07 Jon Whitaker Agenda ? Introduction ? Aviva Context ? A Life Company Journey ? Is It All About Cost ? ? Business Models ? Challenges & Opportunities ? A Personal ... read more >>
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- Author:
- Jerry Staffurth
- Source:
- Life Convention 2006
Treating life customers fairly (slides)
Life Treating Λ Customers Fairly 2006 Life Convention, Glasgow Life TCF Working Party Background ? FSA and industry statements ? Working party approach ? Implications of TCF for firms Sample Applications ? Reviewable premiums ? Unit linked ... read more >>
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- Author:
- Dave Howell; Mike Baumstein
- Source:
- Life Convention 2006
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- Author:
- Torsten Kleinow; Mark Wilder
- Source:
- Life Convention 2006
The effect of management discretion on hedging and fair valuation of participating policies with maturity guarantees (slides)
1 Solvency II Challenges and industry impact Richard Care Jacqueline Fenech Solvency II Agenda: ?What is Solvency II and where is it up to ?Quantitative Impact Study II (QISII) ?Assessment of Impact ?Future Challenges ?Timetable Background: Solvency I ... read more >>
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- Author:
- David Dullaway
- Source:
- Life Convention 2006
EEV and MCEV standards (handout)
1 EEV and MCEV Standards David Dullaway, Tillinghast 6 November 2006 2 Agenda ? Where are we today? ? What do (or should) we mean by MCEV? ? Are there ‘right’ approaches and assumptions? ? How should we present the results? ? Where next? 3 EEV ... read more >>
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- Author:
- Jules Constantinou
- Source:
- Life Convention 2006
A whole new world...Or implications for life insurers of CP06/16 on the risk management and pricing of term assurance (handout)
1 “A Whole New World..” Or Implications for Life Insurers of CP06/16 on the Risk Management and Pricing of Term Assurance Discussion points ?CP06/16: what do the changes mean? ?Existing balance sheet ?Survey of reserving bases ?New Business: ... read more >>
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- Author:
- Nick Dexter; Patrick Kelliher
- Source:
- Life Convention 2006
Operational risk in life insurers (handout)
1 Operational Risk in Life Insurers Nick Dexter, KPMG Patrick Kelliher, Scottish Widows Life Operational Risk Working Party Workshop E02 Operational Risk – similarities with General Insurance ? Multiple perils – from faulty documentation to a ... read more >>
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- Author:
- Hamish Wilson; Robert Kerr
- Source:
- Life Convention 2006
Practicalities of protection experience analysis (handout)
1 Practicalities of Protection Experience Analysis Hamish Wilson and Robert Kerr Resolution Plc Agenda ? Why? ? Who? ? How? ? Analysing Results ? Assumption Setting ? What next? Purposes of Investigation? ? Setting EV Basis ? Setting Pricing ... read more >>
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- Author:
- Russ Whitworth; Warren Copp
- Source:
- Life Convention 2006
Recent changes in underwriting trends and practice (handout)
1 Recent Changes in Underwriting Trends and Practices Russ Whitworth - Legal and General Warren Copp – Scottish Re Agenda ? The story so far….. ? The demise of the GPR? ? Teleunderwriting ? “Big T” ? “Little t” ? Interactive electronic ... read more >>
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- Author:
- David Gulland; Jerry Staffurth
- Source:
- Life Convention 2006
Re-designing PPI - Opportunities for life insurers (handout)
1 Re-designing PPI - opportunities for Life Insurers 1 Re-Designing PPI – Opportunities for Life Insurers. 7 November 2006 David Gulland & Jerry Staffurth 2 Re-designing PPI - opportunities for Life Insurers Agenda ? What’s the problem? ? What ... read more >>
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- Author:
- Professional Affairs Board
Protocol for information and assistance notes. Version 1.0. (superseded)
Information and Assistance Notes (IANs) are intended to provide helpful material on particular matters in an accessible form for all members including those who may not have any specialised knowledge in the relevent area. This document sets out the ... read more >>
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- Author:
- Mark Flower; Visesh Gosrani
- Source:
- General Insurance Convention 2006
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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- 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 >>