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Consultation response - Board for Actuarial Standards - Transformations

The Actuarial Profession is governed jointly by the Faculty of Actuaries in Edinburgh and the Institute of Actuaries in London, the two professional bodies for actuaries in the United Kingdom. A rigorous examination system is supported by a programme of ... read more >>

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Variable Annuities Member Interest Group, February/March 2010

Variable Annuities Member Interest Group Newsletter February/March 2010 Chairman’s Comments This month’s note can best be considered as the St Patrick’s Day special edition, given it is too late for February and too early for a March note. In ... read more >>

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Author:
Peter Wright; Nick Dexter

IASB Insurance Project - update note 2

Since the first update in December 2009, the IASB has taken some further “tentative” decisions which we presume will be incorporated in the Exposure Draft of a standard still scheduled for the second quarter of this year. IASB Insurance Project – Update ... read more >>

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Continous Mortality Investigation

Continuous Mortality Investigation financial statements for the year ended 28 February 2010

C h e a p s i d e H o u s e , 1 3 8 C h e a p s i d e , L o n d o n E C 2 V 6 B W Te l : 0 2 0 7 7 7 6 3 8 2 0 Fa x : 0 2 0 7 7 7 6 3 8 1 0 w w w. c m i b . o r g . u k i n f o @ c ... read more >>

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Author:
Sir Philip Mawer

Ethics, trust and integrity

Public trust in the professions. Ethics, trust and integrity.One-day conference, 25 February 2010Speech by Sir Philip Mawer, Chairman, Professional Regulation ExecutiveCommitteeIt is a great privilege for me to be invited to address this conference and a ... read more >>

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Faculty Council

Faculty Council minutes, 27 January 2010

The Actuarial Profession THE FACULTY OF ACTUARIES Minutes of a Meeting of Faculty Council Wednesday 27 January 2010at 09:30hrs Hymans Robertson, Exchange One, 1 Semple Street, Edinburgh Present: Ronnie Bowie, Chairman and President Henry ... read more >>

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Management Board

Management Board Report to Joint Councils. 24 February 2010

The Actuarial Profession Agenda item 3a) Subject 10th Briefing Report from Management Board To: Joint Councils 24 February 2010 Introduction 1. The Management Board is responsible, on behalf of Joint Councils, for dealing with all ... read more >>

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Author:
Tom Jeffery
Source:
Open forum on Irish issues, 23 February 2010

Regulator update

© 2010 The Actuarial Profession  www.actuaries.org.uk Open forum on Irish issues Tony Jeffery Regulator Update 23 February 2010 Changes in Ireland Domestic • Underwriting Cycle Turning? • Medex market issues unresolved • Recession and Banking ... read more >>

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Author:
Karl Murphy
Source:
Open forum on Irish issues, 23 February 2010

Irish presentation

© 2010 The Actuarial Profession  www.actuaries.org.uk Open forum on Irish issues Karl Murphy Irish Presentation 23 February 2010 Agenda 1 © 2010 The Actuarial Profession  www.actuaries.org.uk • Signing Actuaries Quiz • Total Irish Risk Market • ... read more >>

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Author:
Maggie Craig; Paul Shallis
Source:
Highlights of the 2009 Life Conference, 23 February 2010

NEST (Personal Accounts). Understanding the impacts on insurers

2/16/2010 1 © 2010 The Actuarial Profession  www.actuaries.org.uk Highlights of the 2009 life conference Maggie Craig and Paul Shallis NEST (Personal Accounts) Understanding the impacts on insurers Agenda • Brief introduction to workplace pension ... read more >>

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Author:
Gavin Coates; John Cummings; Derek Wright
Source:
Highlights of the 2009 Life Conference, 23 February 2010

How insurers survived the financial crisis - a reviewing actuary's perspective

3/2/2010 1 Highlights of the 2009 life conference John Cummings (+ Gavin Coates and Derek Wright) © 2010 The Actuarial Profession  www.actuaries.org.uk How insurers survived the financial crisis – a Reviewing Actuary’s perspective Agenda • Impact ... read more >>

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Author:
Jemima Ayton; Steve Burgess; John Kingdom
Source:
Highlights of the 2009 Life Conference, 23 February 2010

GAR compromise scheme

02/03/2010 1 LIFE Conference & Exhibition 25-27 November 2009 EICC, Edinburgh Phoenix & London Assurance Limited GAR Compromise Scheme Mike Kipling, Pearl Group Gavin Palmer, Towers Perrin Agenda  Background to project  Feasibility ... read more >>

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Author:
Sarah Luheshi; Alex Smith
Source:
Highlights of the 2009 Life Conference 2010

Retail distribution review: the where, what and why

© 2010 The Actuarial Profession � www.actuaries.org.uk Highlights of the 2009 life conference Presentation by Towers Watson and the Association of British Insurers Retail Distribution Review: The Where, What and Why 23 February 2010 Purpose of the ... read more >>

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Author:
Kathryn Morgan
Source:
Highlights of the 2009 Life Conference, 23 February 2010

Myths about Solvency II

2/1 6/2010 1 © 2009 The Actuarial Profession  www.actuaries.org.uk Myths about Solvency II Kathryn Morgan - Financial Services Authority & Tamsin Abbey - Deloitte LLP Objective of this session Focus on some of the common myths within • „Pillar ... read more >>

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Author:
Gavin Palmer; Nick Pike
Source:
Highlights of the 2009 Life Conference, 23 February 2010

GAR compromise scheme

2/19/2010 1 LIFE Conference & Exhibition 25-27 November 2009 EICC, Edinburgh Nick Pike, Pearl Group Gavin Palmer, Towers Perrin Phoenix & London © 2010 The Actuarial Profession  www.actuaries.org.uk Assurance Limited GAR Compromise ... read more >>

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Author:
Charles Garnsworth; Dan Schwarzmann
Source:
Highlights of the 2009 Life Conference, 23 February 2010

Lessons learned from Lehmans

2/16/2010 1 © 2010 The Actuarial Profession  www.actuaries.org.uk Highlights of the 2009 life conference Dan Schwarzmann, PricewaterhouseCoopers LLP Charles Garnsworthy, PricewaterhouseCoopers LLP Lessons learned from Lehmans Who we are Dan ... read more >>

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Author:
Andrew Smith; Scott Robertson
Source:
Highlights of the 2009 Life Conference, 23 February 2010

Economics update

3/2/2010 1 Highlights conference Andrew Smith, Chief Economist, KPMG LLP Scott Robertson, Principal Advisor, KPMG LLP © 2010 The Actuarial Profession  www.actuaries.org.uk Economics Update 23rd February 2010 Agenda •Economics update •Implications ... read more >>

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Author:
M A H Dempster; E A Medova
Source:
Sessional meeting paper

Asset liability management for individual households

Personal finance is a challenging topic which can benefit from a scientific approach to individual financial planning. This paper presents an individual asset liability management (iALM) model for life cycle planning which uses the methodology of dynamic ... read more >>

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Author:
Ashley Hale; Jeremy Owenson
Source:
Networking evening: Instant underwriting in a world which won't wait, 18 February 2010

A changing marketplace

Confidential © 2010 WNS Global Services | www.wns.com 18th February 2010 Jeremy Owenson –WNS Ashley Hale – TCP LifeSystems Institute of Actuaries 1Confidential © 2010 WNS Global Services | www.wns.com A Changing Marketplace 2Confidential © 2010 WNS ... read more >>

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Author:
Peter Elwin
Source:
Pensions and Corporate Finance Seminar, 17 February 2010

Implications of how analysts assess pension risk

2/5/2010 1 Pensions & Corporate Finance Seminar Peter Elwin © 2010 The Actuarial Profession  www.actuaries.org.uk Implications of How Analysts Assess Pension Risk What do equity and credit analysts want to know? Key questions • What’s the ... read more >>