Document library
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- Author:
- Life Practice Executive Committee
- Source:
- Briefing statement
Briefing note. Annuities
This briefing note explains: how annuities work; how the annuity market works; how insurers price annuities and where they invest the funds. The paper then explores some of the current issues in the annuity market, including whether annuities provide fair ... read more >>
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- Author:
- Continuous Mortality Investigation
CMI data by age and gender: critical illness insurance
When underwriting insurance policies, insurance companies base their premiums on a wide variety of factors that may affect the claims cost they observe among their customers. Onefactor is gender. CMI Data by age and gender: Critical illness insurance ... read more >>
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- Author:
- The Actuarial Profession
Exam results background information
Information on the failure grades that are issued. Exam results background information Examiners' comments on failed candidates Unsuccessful candidates will be notified of their grades of failure which will be FA, FB, FC or FD, except for CT9 and ... read more >>
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- Source:
- Conference brochure
Pensions Conference 2010. The revolving world of pensions - adapting to constant change. 9-11 June 2010 at Celtic Manor, Newport, Wales
The Pensions Conference is one of the premier professional events for the UK's pensions actuaries. The programme includes a range of technical matters, softer skills and professionalism topics\; it will also cover many wider issues affecting pensions. ... read more >>
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- Author:
- Andrew Hitchcox\; Paul Klumpes\; Kenneth McGaughey\; Andrew Smith\; Neil Taverner
- Source:
- Sessional meeting paper
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- Author:
- Andrew Hitchcox; Paul Klumpes; Kenneth McGaughey; Andrew Smith; Neil Taverner
- Source:
- Sessional meeting paper
ERM for insurance companies - adding the investor's point of view
A major outcome of ERM activities in insurance companies has been the bringing together of all of the key risks in the company, to be managed together in a holistic fashion. The authors of this paper believe that an ERM framework also needs to look beyond ... read more >>
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Continuous Mortality Investigation seminars
Webinar presentation given by Gordon Sharp, Richard Willets and Neil Robjohns [pdf] ... read more >>
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Forecasting the effect of new business policy on life office surplus.
The basic ideas of this paper came from some remarks which were made in thediscussion following Professor Moore's Institute paper on "Operational Research inbusiness" in March 1967, but the resulting paper is, in fact, much nearer themainstream of a life ... read more >>
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Capital modelling for general insurance ICAs
Time horizons, Risk measures ... read more >>
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AIDS and the actuary.
1. INTRODUCTIONTHROUGHOUT this century we have become accustomed to regular improvementin mortality rates at most ages. For life office actuaries this trend could beregarded as a potential source of profit for assurance business, but as a possiblesource of ... read more >>
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Artificial intelligence and stockmarket success. A discussion paper to help debate the true dynamics of stockmarket behaviour.
As your eyes scan these first few lines of text to help you decide whether it is worth readingany further, your brain - without any conscious effort on your part - is correcting for theinbuilt "crossed wiring" of your visual system. The lenses at the front ... read more >>
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Reserving for catastrophe reinsurance.
The paper sets out the method required to be followed when estimating reserves for a Company or aLloyd’s Syndicate which has accepted reinsurance treaties that have given rise to catastrophe losses,sufficiently large to upset the normal development pattern ... read more >>
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Notes on the Financial Times-Actuaries Equity Share Indices in 1990.
The original classifications were set out in the 1970 note in this series (T.F.A., 32, pp.433-436). Subsequent amendments were set out in the notes for 1971-74, 1977, 1979-80 and 1983-89 (T.F.A., 33, 112; 34, 127; 34,455; 36, 69, 37, 70, 37, 315; 38, 43, ... read more >>
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A marketing audit of the actuarial profession.
1.1.1 The Faculty of Actuaries’ Marketing Research Group was set up in May 1988 to research areas of interest to that new breed of Fellow, the “Marketing Actuary”. In the initial meetings two general areas of interest were identified-namely the marketing ... read more >>
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The death of monetarism?
The President, introducing Professor Minford, said:-Professor Patrick Minford is a distinguishedEconomist, a scholar of Winchester and Balliol, he then went up down or perhaps across to LSE for hisdoctorate. He has had experience in Malawi and Washington ... read more >>
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Notes on the Financial Times-Actuaries UK Equity Share Indices in 1992 & the introduction of the FT-SE Actuaries UK Series
The original classifications were set out in the 1970 note in this series (J.I.A. 97, 111-12). Subsequent amendments were set out in the notes for 1971-74,1977,1979-80 and1983-91 (J.I.A. 97,403; 99, 89; 100,109; 101, 199; 105, 85; 107, 81; 108, 85; ... read more >>
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A note on life office models.
A brief description is given of some problems encountered in designing a model office program. The key toan effective and flexible model lies in the structure which the model imposes on the data. An example of amodel used for research is described. ... read more >>
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Distribution of financial services.
The historic barriers between the different companies which comprise the financial services industry arebreaking down. In order that organisations may prosper in the new environment the relationships betweenproducts, distribution and clients need to be ... read more >>
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Presidential address
There is only one way in which I can possibly begin my Address this evening-and that is by thanking you all most sincerely for electing me your President. I am very conscious of the honour which you have bestowed upon me, particularly when I consider how ... read more >>