Document library
-
- Author:
- Finance and Investment Practice Executive Committee
FSA Consultation Paper 08/22: Strengthening liquidity statements. Comments from the Actuarial Profession
This response has been prepared by the Finance and Investment Practice Executive Committee. Results of research conducted by the Liquidity Working Party of the Actuarial Profession is attached, entitled: How valuable is liquidity? May 2008 consultation ... read more >>
-
- Author:
- Institute of Actuaries Designated Professional Body Committee
Compliance Bulletin 20, March 2009
Professional indemnity insurance for insurance mediation activities Institute of Actuaries DPB Compliance Bulletin No. 20 1 March 2009 Professional Indemnity Insurance for Insurance Mediation Activities This Compliance Bulletin and associated ... read more >>
-
- Author:
- Enrico Biffis\; Andreas Tsanakas
Dynamic testing of capital adequacy under parameter uncertainty
Insurers set their capital requirements via the estimation of loss distributions for the risks that they are exposed to. Such estimation is complicated by possible changes in the loss generating process that may be reflected in the data. By extending the ... read more >>
-
- Author:
- Continuous Mortality Investigation
Continuous Mortality Investigation financial statements for the year ended 28 February 2009
Continuous Mortality Investigation financial statements for the year ended 28 February 2009 1 JOINT ACCOUNT – THE FACULTY OF ACTUARIES AND THE INSTITUTE OF ACTUARIES CONTINUOUS MORTALITY INVESTIGATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 ... read more >>
-
Newsletter from the Health and Care Practice Area, February 2009
Newsletter from the Health and Care Practice Area February 2009 Welcome to the first Health & Care Newsletter, your regular update from the Health & Care Practice Area. In each newsletter we’ll bring you highlights from the most recent ... read more >>
-
- Author:
- L. Mayhew, J. Richardson and B. Rickayzen
A study into the detrimental effects of obesity on life expectancy in the UK
This paper is an investigation into the effect of excess body fat on mortality within the UK. Health surveys from the UK are used to apply a Cox proportional hazards model to UK-specific data (Health and Lifestyle Survey, 1985) to provide an analysis, at ... read more >>
-
- Author:
- Paul Fulcher
- Source:
- Highlights of the 2008 Life Convention seminar, 12 March 2009
Liquidity premia in the current market environment
1 Credit Crunch Practical Implications for Life Insurance Actuaries Paul Fulcher UBS Liquidity premia – good news? High yield bond spreads decomposition Source: Bank of England, Financial Stability Report, April ... read more >>
-
Enterprise Risk Management (ERM) Practice Area and Risk Management Interest Group (RMIG) Newsletter 10. February 2009
ERM Practice Area and Risk Management Interest Group (RMIG) February 2009 Improving communications with members ERM theme for March issue of The Actuary magazine Fair value accounting networking evening: Monday 2 March 2009, Staple Inn ... read more >>
-
- Author:
- Robert Cowell
A non-parametric bootstrap method for claims reserving
A non-parametric bootstrap method for claims reserving Robert Cowell Faculty of Actuarial Science and Insurance Cass Business School 25th February 2009 Supported by a grant from the Actuarial Profession Overview trianglerightsld ... read more >>
-
- Author:
- General Insurance Internal Models Working Group
- Source:
- Sessional meeting paper
-
- Author:
- General Insurance Internal Models Working Group
- Source:
- Sessional meeting paper
Actuarial aspects of internal models for Solvency II - draft paper (slides)
3/2/2009 1 1 Actuarial Aspects of Internal Models under Solvency II Internal Models Working Group February 2009 Sessional Paper D. BROOKS, R.J. CARE , M. B. CHAPLIN, A. M. KAUFMAN, K. A. MORGAN, D.N. ROBERTS, J. M. E. SKINNER, D.J.K ... read more >>
-
- Author:
- General Insurance Internal Models Working Group
- Source:
- Sessional meeting paper
Actuarial aspects of internal models for Solvency II - draft paper
The draft paper sets out the authors’ views of what good practice for the actuarial aspects of internal models will look like in 2012, the year Solvency II is expected to be implemented. Actuaries working on internal models can expect to have to ... read more >>
-
- Source:
- Open Forum, Royal College of Physicians, Edinburgh, 17 February 2009
-
- Author:
- Stephen Richards\; Iain Currie
- Source:
- Sessional meeting paper
-
- Author:
- Health and Care Practice Executive Committee
- Source:
- Consultation response
Response to the consultation on ‘Health insurance: proposal on how to define health lines of business and the SCR Health Underwriting Module’
1 Introduction to The Actuarial Profession Actuaries provide commercial, financial and prudential advice on the management of a business’s assets and liabilities, especially where long term management and planning are critical to the success of any ... read more >>
-
- Author:
- Pensions Practice Executive Committee
- Source:
- Consultation response
Pension Protection Fund: Consultation on the future development of the Pension Protection Levy. Comments from the Actuarial Profession
consultation response February 2009 Pension Protection Fund Consultation on the Future Development of the Pension Protection Levy November 2008 Faculty of Actuaries Mac l aur i n Hous e 18 Dublin Street Edinburgh EH1 3PP Tel: +44 ... read more >>
-
- Author:
- Stephen Richards; Iain Currie
- Source:
- Sessional meeting paper
Longevity risk and annuity pricing with the Lee-Carter model
Several important classes of liability are sensitive to the direction of future mortality trends, and this paper presents some recent developments in fitting smooth models to historical mortality-experience data. We demonstrate the impact these models have ... read more >>
-
Fast Facts from the Life Practice Executive Committee, February 2009
News from the Life PEC Fast Facts from the Life Practice Executive Committee February 2009 Welcome to the fifth edition of Life Fast Facts. On the Life PEC we are looking forward to 2009 as the CPD Committee promise a bumper crop of events (more ... read more >>
-
- Author:
- Life practice executive committee
The role of the life practice executive committee (Life PEC)
1 Life Practice Executive Committee (Life PEC) Terms of Reference The primary role of the Life PEC is to support actuaries working in the UK Life Assurance industry. It will do so by focusing its activities on the following areas: 1. ... read more >>
-
Scottish Actuaries Club. List of chairmen since 1993
Scottish Actuaries’ Club List of Chairmen Chairman Year I M Paterson 2008/2009 H W Brown 2007/2008 C W F Low 2006/2007 B P Ridsdale 2005/2006 D Kingston 2004/2005 W B McBride 2003/2004 Prof J J McCutcheon 2002/2003 R M Paul 2001/2002 R K ... read more >>