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International Actuarial Association

Practice note on enterprise risk management (ERM) for capital and solvency purposes in the insurance industry

This Practice Note has been developed by the IAA for insurers to support the Standards and Guidance materials developed by the IAIS for supervisors. It draws on industry experience, supervisors’ supervisory practices, models and frameworks published by ... read more >>

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Institute of Actuaries

Institute Charter and Bye-laws. Amalgamated version, including amendments to August 2007

This document interpolates Articles of the Charter (Ch) and Supplemental Charter (S.Ch) with the Bye-laws (B) and Disciplinary Scheme (D). The preambles and certain historical Articles of the Charter and Supplemental Charter have been omitted. INSTITUTE ... read more >>

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Enterprise Risk Management (ERM) Practice Area and Risk Management Interest Group (RMIG). Newsletter 4. August 2008

ERM Practice Area and Risk Management Interest Group (RMIG) August 2008 • Introduction • FSA Insurance Sector Briefing • IAA Practice Note on ERM • Educational Developments update • ERM Practice Area (Vision and Strategic Objectives) • Global ... read more >>

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Author:
General Insurance Practice Executive Committee

General Insurance Practice Executive Committee Newsletter, August 2008

This is the second newsletter from the GI Practice Executive Committee. August 2008 1 The General Insurance Practice Executive Committee Newsletter Welcome to this, the Second Newsletter from the General Insurance Practice Executive ... read more >>

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Author:
James Tanser
Source:
General Insurance Convention 2008

Demand Modelling Working Party (summary)

1 GENERAL INSURANCE PRICING SEMINAR 13 JUNE 2008, LONDON Demand Modelling in Personal Lines James Tanser Watson Wyatt Limited Agenda  Motivation  What makes a demand model special?  Why are we interested?  Tools  Linear and non-linear models ... read more >>

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Author:
Esmee Robinson
Source:
General Insurance Convention 2008

5: Lessons from the Sub-Prime Sub-Group

Securitisation of Non-Life Insurance Working Party GIRO 2008 Graham Fulcher (Chair) Mohamed Afify, Cormac Bradley, Jean Bernard Crozet David Davies, Will Forster, Susanne Frisby, Paul Fulcher, Visesh Gosrani Shalin Haria, Cameron Heath, ... read more >>

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Author:
Disciplinary Board

Guidelines on the imposition of sanctions

These guidelines are for panels deciding cases under the disciplinary schemes, about what to take into account when imposing a sanction. Keywords: Adjudication Panels\; Interim Orders Panels\; Disciplinary Tribunal Panels\; Appeal Tribunal Panels\; ... read more >>

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Author:
Hugh Gittins
Source:
Webinar, 3 September 2008

Cash equivalent transfer values (handouts)

This information pack is intended as a guide only. Whilst the information it contains is believed to be correct, it is not a substitute for appropriate legal advice. Eversheds LLP can take no responsibility for actions taken based on the ... read more >>

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Past Presidents of the Faculty of Actuaries

Former Faculty Presidents with the dates they held office. FORMER PRESIDENTS OF THE FACULTY 1887-1890 JOHN MACGREGOR McCANDLISH 1890-1892 SPENCER CAMPBELL THOMSON, BA 1892-1894 ANDREW HUGH TURNBULL 1894-1896 THOMAS BOND SPRAGUE, MA LLD 1896-1898 ... read more >>

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Author:
General Insurance Practice Executive Committee

The Equality Bill - Age discrimination in general insurance. Commentary from the Actuarial Profession

The UK Equality Bill is likely to be published in the Autumn. At present insurance companies can set premium rates using a range of rating factors including age. These comments highlight some of the practical considerations arising from the proposed ... read more >>

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Author:
Ronnie Bowie

Reply to an article by John Kay on the differing circumstances of government and corporations (FT, 6 August)

Letter to the Financial Times from the President of the Faculty of Actuaries abcd 7 August 2008 Reference: Sir John Kay (6 August) is right to say that there are real differences between the circumstances of government and ... read more >>