Document library
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- Author:
- Louise Pryor; Richard Evans; Brian Foley; Michael Garner; Neil Hilary; Justin Skinner; Mark Shapland; Kathryn Staff; James Tanser
- Source:
- General Insurance Convention 2006
Actuaries excel: but what about their software?
Actuaries excel: but what about their software? Louise Pryor, Richard Evans, Brian Foley, Michael Garner, Neil Hilary, Justin Skinner, Mark Shapland, Kathryn Staff, James Tanser 1 Introduction Software is a key part of our day-to-day work as ... read more >>
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- Author:
- Rob Curtis
- Source:
- General Insurance Convention 2006
UK domestic update and Solvency 2 - Pillar 3 (handout)
1 33rd Annual GIRO Convention 26-29 September 2006 Vienna UK Domestic Update and Solvency 2 – Pillar 3 Rob Curtis 2 Outline of presentation • UK Domestic Update – FSA 2010 – ICAS principles – Insurance SPV Framework • Solvency 2 – Pillar 3 – ... read more >>
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- Author:
- J B Crozet; Reeken Patel
- Source:
- General Insurance Convention 2006
Catastrophe risk aggregation (slides)
CATASTROPHE RISK AGGREGATION 33rd ANNUAL GIRO CONVENTION Hilton Vienna Hotel, Am Stadtpark JB CROZET REEKEN PATEL INTRODUCTION A Stat & A Quote Catastrophe Aggregation Monitoring “quantifying the potential losses from catastrophic events, across ... read more >>
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- Author:
- John Charles; Ming Roest
- Source:
- General Insurance Convention 2006
Solvency II - Recent developments and implications (slides)
33rd ANNUAL GIRO CONVENTION Solvency II – Recent Developments and Implications Hilton Vienna Hotel, Am Stadtpark John Charles Ming Roest 2 Agenda ? Solvency II introduction ? Solvency II concepts ? Quantitative Impact Studies ? Impact Assessment ... read more >>
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- Author:
- Stuart Brown; Philip Tippin
- Source:
- General Insurance Convention 2006
The power of group thinking and its impact on actuaries (handout)
1 33rd ANNUAL GIRO CONVENTION Workshop C02: The Power of Group Thinking and it s Impact on Actuaries Hilton Vienna Hotel, Am Stadtpark Why are we here? Actuaries trade as experts in a field but . Individuals are biased and over-confident Markets are ... read more >>
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- Author:
- Henry Johnson; Jerome Kirk; Veekash Badal
- Source:
- General Insurance Convention 2006
Lloyd's issues (slides)
33rd ANNUAL GIRO CONVENTION Hilton Vienna Hotel, Am Stadtpark Lloyd’s Issues Henry Johnson, Jerome Kirk and Veekash Badal Agenda ? Introduction – Henry (5 mins) ? - Review ? - Capital and ICA ? - Hurricanes ? - SAOs ? - Reserve benchmarking ... read more >>
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- Author:
- Henry Johnson; Jerome Kirk; Veekash Badal
- Source:
- General Insurance Convention 2006
Agent reserve benchmarking pack
Agent Reserve Benchmarking Pack Dummy Agent 33rd ANNUAL GIRO CONVENTION CONFIDENTIAL 1 CONTACT DETAILS Henry Johnson, Market Risk & Reserving 020 7327 5235 henry.johnson@lloyds.com Jerome Kirk, Market Risk & Reserving 020 7327 5812 ... read more >>
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- Author:
- Martin White (Chairman); Allan Kaufman: Julian Leigh; Erica Nicholson; Justin Skinner
- Source:
- General Insurance Convention 2006
General insurances reserves for accounting and solvency: incorporating provision for risk
Risk Margin Working Party: GIRO 2006 interim report 1 of 85 Interim report to GIRO September 2006, Vienna General insurance reserves for accounting and solvency: incorporating provision for risk Authors: Martin White* (chair); Jonathan ... read more >>
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- Author:
- Andrew Newman
- Source:
- General Insurance Convention 2006
Using the work of other professionals. Case studies
GIRO 2006 - Using the Work of Other Professionals Case Study A: Reserving Analysis Reliance on Attorney Estimates You are a general insurance actuary and signatory for a Lloyd s syndicate that wrote a large amount of US Casualty business over the ... read more >>
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- Author:
- Klaus Wegenkittl
- Source:
- General Insurance Convention 2006
The Austrian Perspective (handout)
1 The Austrian Perspective Klaus Wegenkittl President of the AVÖ (Austrian Actuarial Association) Welcome to Vienna! You should ... ... visit Schönbrunn Palace, Empress Sisi s former summer residence 2 You should ... ... visit St. Stephen´s ... read more >>
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- Author:
- Alex Lee; Simon Margetts
- Source:
- General Insurance Convention 2005
Reserving risk and the impact on the mean [slides]
1 1 Reserving Risk and the Impact on the Mean 32nd ANNUAL GIRO CONVENTION The Imperial Hotel, Blackpool 2 Reserving Risk and the Impact on the Mean Reserving Risk and the Impact on the Mean Contents Introduction Parameter Uncertainty Impact on Reserve ... read more >>
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- Author:
- Michael Pomery
- Source:
- General Insurance Convention 2005
The Actuarial Profession Strategy Review (slides)
1 The Actuarial Profession Strategy Review GIRO Convention Michael Pomery 20 October 2005 Agenda Background Research findings and strategy development Strategic scenarios Consultation questions discussion Reasons for change FRC to set up a Board for ... read more >>
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- Author:
- Anthony Williams (Chair)
- Source:
- General Insurance Convention 2005
Periodic payments and the Courts Act
The aim of this paper is to provide a guide on periodical payments to actuaries, underwriters, claim handlers, solicitors and other professionals involved in the insurance industry. The paper addresses the issues facing insurers and reinsurers with respect ... read more >>
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- Author:
- Tony Jones
- Source:
- General Insurance Convention 2005
GRIT (slides)
1 GRIT October 2005 GIRO Agenda for today Overview of GRIT Summary of key issues Summary of recommendations Implementation GRITERS Core Team Membership: Peter Copeman, Lis Gibson, Tony Jones, Nick Line, Julian Lowe, Paul Martin, Peter Matthews, Dave ... read more >>
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- Author:
- Mark Cockroft; Catherine Cernesson; Reeken Patel
- Source:
- General Insurance Convention 2004
Pricing long-tail excess of loss reinsurance (slides)
1 Pricing long-tail excess of loss reinsurance 31st Annual GIRO Convention 12-15 October 2004 Hotel Europe Killarney, Ireland Workshop Mark Cockroft; Lane Clark & Peackcock LLP Catherine Cernesson; ACE Tempest Re Reeken Patel; ... read more >>
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- Author:
- Mark Cockroft (Chairman); Catherine Cernesson; Reeken Patel
- Source:
- General Insurance Convention 2004
Report of the 2004 Reinsurance Pricing GIRO Working Party : Rating long-tail excess of loss reinsurance
We set three objectives for its report: outline current techniques for rating reinsurance of long-tail risks and discuss their relative strengths and weaknesses; identify issues specific to rating long-tail reinsurance business and discuss how well ... read more >>
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- Author:
- Kevin Wenzel
- Source:
- General Insurance Convention 2004
Cycle survival kit II (slides)
1 Cycle survival kit II Working party members Philip Archer-Lock Ian Hilder Stuart Brown Steven Fisher David Simmons Richard Doman Kevin Wenzel (Chairman) ▀ • Recap on work from last year • Update of some results • Report on further ... read more >>
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- Author:
- Alan Spence; Stefan Claus
- Source:
- General Insurance Convention 2004
Update on CP190
1 31st ANNUAL GIRO CONVENTION 12-15 October 2004, Hotel Europe, Killarney, Ireland CP190 Update Alan Spence (Chief Actuary) Stefan Claus Overview of today’s presentation ? Overview of the regime ? Update on final decisions in PS 04/16 ? Future ... read more >>
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- Author:
- Cormac Bradley; Chris Waites
- Source:
- General Insurance Convention 2004
A- Could do better: managing the rating process (slides)
A- Could Do Better: Managing the Rating Process 31st ANNUAL GIRO CONVENTION 12-15 October 2004, Hotel Europe, Killarney, Ireland Chris Waites Cormac Bradley Contents IntroductionIntroduction Insurer Financial Strength Ratings Insurer Financial ... read more >>
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- Author:
- Laurence Loughnane
- Source:
- General Insurance Convention 2004
Norwich Union flood project (slides)
1 Slide 1 © Aviva plc Laurence Loughnane Head of Underwriting Norwich Union Norwich Union Flood Project © Aviva plc 2 © Aviva plc … 3 2 © Aviva plc … 4 © Aviva plc 5 © Aviva plc Agenda • Background • How the Project is being delivered • ... read more >>