Document library
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- Author:
- James Rakow
- Source:
- General Insurance Convention 2007
Operational time stochastic reserving method (slides)
34TH ANNUAL GIRO CONVENTION CELTIC MANOR RESORT, NEWPORT, WALES Operational Time Stochastic Reserving Method James Rakow CELTIC MANOR RESORT, NEWPORT, WALES The Advert This reserving method was published in 1992 but to date does not appear to be ... read more >>
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- Author:
- David Hughes
- Source:
- General Insurance Convention 2007
Pricing excess aggregate limits for large professional indemnity programmes (handout)
1 Pricing Excess Aggregate Limits for Large Professional Indemnity Programmes GIRO Convention 2007 David Hughes - Beazley What we will do… ? Setting the scene ? Objectives ? Hospital Medical Liability Insurance (HPL) ? Limits and Aggregates ? Top ... read more >>
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- Author:
- Mike Brien; Shreyas Shah
- Source:
- General Insurance Convention 2007
Financial reporting - business implications of IFRS Phase 2 (slides)
1 Financial Reporting – Business Implications of IFRS Phase 2 Mike Brien & Shreyas Shah 3 October 2007 Agenda ?Overview of Phase II ?Discussion of Key Points ? Risk and service margins ? Discounting ? Profit emergence and issues ? Guaranteed ... read more >>
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- Author:
- Ian Moran; Martin White
- Source:
- General Insurance Convention 2007
IASB accounting proposals and actuarial practice (slides)
IASB Accounting Proposals and Actuarial Practice Ian Moran Martin White 34TH ANNUAL GIRO CONVENTION 2 © Actuarial Profession 2007 The Financial Reporting Group The Profession’s Financial Reporting Group • Is a channel for the concerns of members on ... read more >>
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- Author:
- Duncan Anderson
- Source:
- General Insurance Convention 2008
Personal lines pricing (slides)
Personal Lines Pricing Duncan Anderson Aggregators Equality Bill 2007 floods Depletion of reserves Credit Hire Organisations Telematics Effect of fuel prices Effect of recession - fraud Effect of recession - theft Availability of competitor ... read more >>
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- Author:
- Glenn Meyers
- Source:
- General Insurance Convention 2008
Stochastic loss reserving with the collective risk model (handout)
1 Stochastic Loss Reserving with the Collective Risk Model Glenn Meyers ISO Innovative Analytics GIRO Convention 23-26 September 2008 Hilton Sorrento Palace Outline of Presentation ? General Approach to Stochastic Modeling ? Allows for better estimate ... read more >>
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- Author:
- Dimitris Papachristou
- Source:
- General Insurance Convention 2008
Factors affecting the price of catastrophe bonds (slides)
35th ANNUAL GIRO CONVENTION Factors Affecting the Prices of Catastrophe Bonds Dimitris Papachristou BENFIELD Structured Products September 2008 SORRENTO - ITALY Contents ? This presentation is not about how a CAT bond should be priced ? It is ... read more >>
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- Author:
- Henry Johnson
- Source:
- General Insurance Convention 2001
PI and D&O (slides)
PI and D&O Conflicts Why would actuaries be interested? What is PI? What is D&O? Topical issues Market statistics Pricing issues and conclusion PI and D&O: Conflicts Disclaimer People who know about Professional Indemnity and Directors & ... read more >>
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- Author:
- John Ryan
- Source:
- General Insurance Convention 2001
Financial condition reporting - practical aspects (slides)
Wednesday 3 October 2001 John P Ryan Financial Condition Reporting Practical Aspects GIRO / CAS Convention 2001 * Financial Condition Reporting - Practical Aspects The FSA’s view Assessment of individual risk Modelling operational ... read more >>
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- Author:
- Nick Prettejohn
- Source:
- General Insurance Convention 2001
Lloyd's and the London Market (handout)
1 1 Nick Prettejohn Glasgow 5th October 2 Premiums Trust Funds Funds at Lloyd’s Central Fund Premiums Trust Funds Funds at Lloyd’s Other Personal Wealth corporate members individual members end 2000 £m £10,635 £7,324 £212 £323 +insurance +callable ... read more >>
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- Author:
- David Chitty
- Source:
- Pensions Convention 2003
Financial reporting developments (handout)
1 Creating value for clients FINANCIAL REPORTING DEVELOPMENTS Presentation by David Chitty ChantreyVellacottDFK Introduction • FRS 17 Retirement benefits • UK / IFRS Convergence • FRED 31 Share based payments • UITF Abstract 32 Employee ... read more >>
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- Author:
- Tom Gosling
- Source:
- Pensions Convention 2003
Stochastic valuations in reward design (slides)
1 abcd Tom Gosling Stochastic valuations in reward design 2003 Pensions Convention 1 - 3 June Grand Hotel, Brighton INTRODUCTION n Why use stochastic valuations? n How the models work n Examples n Opportunities for actuaries WHY USE STOCHASTIC ... read more >>
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- Author:
- Chris Erwin
- Source:
- Pensions Convention 2003
Investment structures for defined contribution (DC) schemes (handout)
1 abcd Institute & Faculty of Actuaries 2003 Pensions Convention Investment Strategies for DC Schemes Chris Erwin Investment Principal Aon Consulting Ltd Risk Characteristic of DC ? Doesn’t elimate risk, exchanges it ? Should eliminate mismatch ... read more >>
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- Author:
- Paul Bostock
- Source:
- Pensions Convention 2003
The equity premium (handout)
1 abcd 2003 Pensions Convention 1 - 3 June Grand Hotel, Brighton abcd The Equity Premium Paul Bostock GMO 3The Equity Premium Puzzle: A Resolution – February 2003 GMO The equity premium puzzle In the 20th Century equities beat bonds and cash by 6% ... read more >>
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- Author:
- Mike Pomery
- Source:
- Pensions Convention 2003
A workable scheme-specific funding standard
Pensions Convention 2003 Session B01 - A workable scheme-specific funding standard Mike Pomery, Hewitt Bacon & Woodrow SUMMARY Introduction The Minimum Funding Requirement (MFR) came into force in April 1997, and requires private sector defined ... read more >>
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- Author:
- Matthew Pearlman
- Source:
- Pensions Convention 2003
Employee share options - modelling and accounting (handout)
Lane Clark & Peacock Matthew Pearlman Lane Clark & Peacock June 2003 Employee Share Options Modelling and Accounting www.lcp.uk.com Lane Clark & PeacockEmployee share options nWhat are employee share options nThe new accounting rules nWhat ... read more >>
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- Author:
- Andrew Smith; Cliff Speed
- Source:
- Pensions Convention 2003
Lessons from financial economics
Sheet1 Chief Assumptions Encountered in Financial Economics by Andrew Smith and Cliff Speed Pre-amble: Most pension actuaries are aware of the potential conflicts between pensions practice and financial economics. But financial economics, we are ... read more >>
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- Author:
- John Ryan
- Source:
- General Insurance Convention 2001
Update from the financial condition assessment working party
Thursday 4 October 2001 Nigel Gillott, Peter Hinton, John P Ryan Financial Condition Reporting GIRO / CAS Convention 2001 * Financial Condition Reporting The FSA’s & EU Supervisors view The FCR Paper Areas for further research ... read more >>
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- Author:
- Paul Gates; James Orr
- Source:
- General Insurance Convention 1999
Extreme value techniques (slides)
Extreme Value Techniques Paul Gates - Lane Clark & Peacock James Orr - TSUNAMI GIRO Conference, 15 October 1999 Extreme Value Statistics Motivation and Maxima Theory Dutch Dike Problem Threshold Theory Motor XL Rating Problem Questions Extreme Value ... read more >>
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Lloyd's US opinions
[summary only] LLOYD’S U.S OPINIONS WORKSHOP AT GISG 1997 SUMMARY OF POINTS FOR DISCUSSION 85 Insurance Convention 1997 General As at 31 December 1996. Statements of Actuarial opinion (SAO’s) were introduced for all Lloyd’s syndicates writing ... read more >>