Document library
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Professional firms
Under Part XX of the Act (Provision of Financial Services by Members of the Professions) certain individuals, partnerships or corporate entities, known as exempt professional firms, can carry on particular regulated activities (which the Act terms exempt ... read more >>
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Department of Constitutional Affairs. Consultation on the law on damages. Response by the Actuarial Profession.
Response by the Actuarial Profession to the Department of Constitutional Affairs consultation paper CP 9/07 relating to the law on damages. [2007] consultation response August 2007 THE LAW ON DAMAGES Department of Constitutional Affairs: Consultation ... read more >>
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CMI Working paper 28. Progress towards an improved methodology for analysing CMI critical illness experience
CMI Working paper 28. Progress towards an improved methodology for analysing CMI critical illness experience Continuous Mortality Investigation Critical Illness Committee WORKING PAPER 28 Progress towards an improved methodology for analysing ... read more >>
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Lloyd's minimum underwriting standards and price monitoring (handouts)
1 1 LLOYD’S AND LONDON MARKET SEMINAR 27 JULY 2007, LONDON Lloyd’s Minimum Underwriting Standards and Price Monitoring David Indge, Lloyd’s Agenda ? Lloyd’s Minimum Underwriting Standards ? Why standards? ? Background & approach ? The 7 ... read more >>
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Pricing excess aggregates using increased limits factors, with examples from professional indemnity lines
1 Uncertainty in an Underwriting Environment Pricing, Capital and Reinsurance David Hughes, James Toller and Mary Casebourne Underwriting Reinsurance ClaimsReserving Uncertainty in an Underwriting Environment Underwriting ... read more >>
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Capital and solvency II (handouts)
Capital Setting at Lloyd’s Veekash Badal CIGI - Monday 19 May 2008 Royal College of Physicians, London Agenda ? Overview – Capital Advantages at Lloyd’s ? Member capital ? Central capital ? Conclusion Overview Capital advantages at Lloyd’s ? A ... read more >>
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Capital and solvency II (handouts)
1 LLOYD’S AND LONDON MARKET SEMINAR 27 JULY 2007, LONDON Capital and Solvency II Veekash Badal, Lloyd’s Agenda ? Internal Capital Assessment ? Solvency II ? What does the future hold? Internal Capital Assessment 2 ICAs – Where are we? ? 2008 ... read more >>
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Practical experiences in stochastic reserving
PRACTICAL EXPERIENCES IN STOCHASTIC RESERVING 27 JULY 2007, LONDON Stephan Westphal Towers Perrin Tillinghast 2 Structure Stochastic Reserving: The starting point (Introduction) Stochastic Reserving: Opinions, Shortcomings and Solutions Stochastic ... read more >>
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Embedding technical pricing (handouts)
Responses to the soft market Vincent Branch PricewaterhouseCoopers May 2008 Agenda Introduction Key themes to address the soft market Group working Group feedback Summary Key themes to address the soft ... read more >>
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Performance information packs
1 LLOYD’S AND LONDON MARKET SEMINAR 27 JULY 2007, LONDON Performance Information Packs Shamit Biswas, Markus Gesmann Agenda ? Introduction to Market Analysis at Lloyd’s ? Performance Measurement ? Performance Information Report ? The concept behind ... read more >>
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EXD73 (GN5): The Prudential Supervision outside the UK of long-term insurance business
In May 2006 when responsibility for the majority of the Actuarial Profession's Gudiance Notes (GNs) was transferred to the Board for Actuarial Standards (BAS) a few of the GNs remained with the Profession for a variety of reasons. GN5, <i>The ... read more >>
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EXD73 (GN5): The prudential supervision outside the UK of long-term business. 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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A multi-state reserving framework: Poisson arrival profile
Spreadsheet to accompany the presentation Explanation and Warning This spreadsheet is being shared with you to support a presentation on the multi-state reserving framework. No promise is given that it is correct in any way! Calculation Sheet MSMC ... read more >>
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A multi-state reserving framework: Simple Markov Chain Example
Spreadsheet to accompany the presentation Explanation and Warning This spreadsheet is being shared with you to support a presentation on the multi-state reserving framework. No promise is given that it is correct in any way! Simulated Claims ... read more >>
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A multi-state reserving framework
Accompanied by two spreadheets A Multi-State Reserving Framework London Market Actuaries Group Thursday, 19th July 2007 What I’m Going to Talk to You About ? Some assumptions ? Modelling the claims development process ? Looking at a very simple ... read more >>
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Continuous Mortality Investigation financial statements for the year to 28 February 2007
Continuous Mortality Investigation financial statements for the year to 28 February 2007 1 JOINT ACCOUNT – THE FACULTY OF ACTUARIES AND THE INSTITUTE OF ACTUARIES CONTINUOUS MORTALITY INVESTIGATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 ... read more >>
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Predicting future climate change: lessons from palaeoclimatology
Sophisticated general circulation models (GCMs) are used to model the climate and are the principal tools used to predict future climate change. The outputs of these models have important policy implications but the uncertainties associated with the ... read more >>
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CMI Working paper 27. The library of mortality projections and the draft "library" of mortality projections
CMI Working paper 27. The library of mortality projections and the draft "library" of mortality projections 1 Continuous Mortality Investigation Working Paper 27 The “library” of Mortality Projections ... read more >>
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The role of the independent expert
1 CILA Accounting issues update 3 May 2006 John Jenkins & Nick Dexter KPMG Topics for today FRS27 IFRS EEV ANW aspects 2005 year end experience FRS27 - NP VIF 4(d) an amount may be recognised for the present value of future profits on ... read more >>