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General insurance practice executive committee

General insurance practice executive committee (2010). APS G2: Actuarial reporting for Lloyd's syndicates writing US business. Edinburgh: Institute and Faculty of Actuaries

This AP Standard is for members of the Profession appointed by managing agents to provide actuarial opinions required by the International Insurers Department of the National Association of Insurance Commissioners ... read more >>

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Author:
Martin Lowes

Letter to the DWP on Employer Debt Regulations 2010

A letter to the DWP on the Occupational Pension Schemes (Employer Debt and Miscellaneous Amendments) Regulations 2010 (SI 2010/725) from the Pensions PEC on the 9 August 2010. The letter raises concerns including the change in the definition ... read more >>

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Institute and Faculty of Actuaries
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Application form

Application form for reduced rate membership subscription 2014/15

Application form for reduced rate membership subscription. APPLICATION FOR A REDUCED SUBSCRIPTION RATE 2014-2015 PLEASE COMPLETE IN BLOCK CAPITALS I would like to apply for the reduced rate membership subscription of £69. I certify that my annual ... read more >>

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Pensions Board

GN48: Compliance review: Pensions. Version 2.1

PSD/GN48 V2.1 1 GN48: Compliance Review: Pensions MEMBERS ARE REMINDED THAT THEY MUST ALWAYS COMPLY WITH THE ACTUARIES’ CODE AND THAT GUIDANCE NOTES IMPOSE ADDITIONAL REQUIREMENTS UNDER SPECIFIC CIRCUMSTANCES. Classification Practice ... read more >>

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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:
Simon Margetts; Sergio Pezzulli
Source:
General Insurance Convention 2006

Optimizing groupings of classes of business. Triangle segmentation (handout)

1 33rd ANNUAL GIRO CONVENTION Hilton Vienna Hotel, Am Stadtpark Optimizing Groupings of Classes of Business. Triangle Segmentation Simon Margetts smargetts@uk.ey.com Sergio Pezzulli spezzulli@uk.ey.com Optimizing Groupings of Classes of Business - ... 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:
Nick Dumbreck
Source:
General Insurance Convention 2006

Address by the Institute President, Nick Dumbreck (handout)

1 33rd ANNUAL GIRO CONVENTION Hilton Vienna Hotel, Am Stadtpark Presidential address Nick Dumbreck GIRO - number of attendees 0 1974 2031 Year Nu m be r o f a tte n de e s Number of attendees 530 1974 2006 GIRO - number of attendees 0 1974 ... 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 >>