Document library
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- Author:
- Paul Klumpes
The impact of the adoption of hedge accounting rules on enterprise risk management adoption practices by multinationals
Abstract 1 The impact of the adoption of hedge accounting rules on enterprise risk management ... read more >>
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- Author:
- N Allan, N Cantle, P Godfrey, Y Yin
A review of the use of complex systems applied to risk appetite and emerging risks in ERM practice
A review of the use of complex systems applied to risk appetite and emerging risks in ERM practice BY N. ALLAN, N. CANTLE, P. GODFREY AND Y. YIN Presented to The Institute and Faculty of Actuaries 28 November 2011 ( London) Using ... read more >>
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- Author:
- P J Sweeting; F Fotiou
- Source:
- Sessional research discussion paper
Calculating and communicating tail association and the risk of extreme loss. A discussion paper
In this paper the authors examine two aspects of extreme events: their calculation and their communication. In relation to calculation, there are two types of extreme events that are considered . Calculating and communicating tail association ... read more >>
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- Author:
- P. Kelliher, D Willmot, J Vij and P. Klumpes
- Source:
- Sessional Research Event: A Common Risk Classification System for the Actuarial Profession
Underlying spreadsheet for the discussion paper: a common risk classification system for the actuarial profession
Underlying spreadsheet for the paper that sets out a proposal for a classification system being developed by the risk classification working party that can be used as a common reference point for discussing risk. The paper was discussed in the ... read more >>
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- Author:
- P. Kelliher; D Willmot; J Vij; P. Klumpes
- Source:
- Sessional Research Event
A Common Risk Classification System for the Actuarial Profession
This paper sets out a proposal for a classification system being developed by the risk classification working party that can be used as a common reference point for discussing risk. The paper was discussed in the Sessional Research Meeting on 31 ... read more >>
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- Author:
- T.Z. Sithole, S. Haberman, R.J. Verrall
- Source:
- Sessional Research Discussion Paper 20 June 2011
Second international comparative study of mortality tables for pension fund retirees
This paper contains an update to the study carried out by Verall et al. (2006a, 2006b). It examines the mortality assumptions used in the valuation of pension liabilities in a number of different countries. The results are considered in ... read more >>
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- Author:
- T. Z. Sithole, R.J. Verrall, S. Haberman
- Source:
- Sessional Research Background Paper
Second International Comparative Study of Mortality Tables for Pension Fund Retirees
This study, which is an update and extension of an original study by Verall et al., CASS (2005), aims to compare, separately the current mortality and the assumed future improvements in Austrailia, Austria, Belgium, Canada, Denmark, ... read more >>
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- Author:
- IFRS Working Party
- Source:
- Sessional research discussion paper
Insurance accounting: a new era?
Insurance accounting has for many years proved a challenging topic for standard setters, preparers and users, often described as a 'black box'. Will recent developments, in particular the July 2010 Insurance Contracts Exposure Draft, hearald a new ... read more >>
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- Author:
- Tony Lovick and Peter Lee
- Source:
- Sessional research discussion paper
Redefining the Deviance Objective for Generalised Linear Models
This paper defines the 'Case Deleted' Deviance - a new objective function for evaluating Generalised Linear Models, and applies this to a number of practical examples in the pricing of general insurance. The paper details practical approximations to ... read more >>
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- Author:
- Chris O'Brien
- Source:
- Sessional Research Paper
Equity between with-profits policyholders and shareholders
This paper considers equity, or fairness, as being based on with-profits life insurers acting in accordance with their contracts. Equity between with-profits policyholders and shareholders A discussion paper By C.D. O’Brien Presented to the ... read more >>
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- Author:
- Malcolm Kemp, Chinu Patel
- Source:
- Sessional research event - Entity-wide risk management for pension funds, 28 February 2011
Sessional research event - Entity-wide risk management for pension funds
01/03/2011 1 © 2011 Malcolm Kemp, Chinu Patel and The Actuarial Profession www.actuaries.org.uk Entity-wide Risk Management for Pension Funds Malcolm Kemp and Chinu Patel Sessional Research Meeting, London 28 February 2011 Agenda 1 © 2011 Malcolm ... read more >>
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- Author:
- M.H.D. Kemp, C.C. Patel
- Source:
- Sessional research paper
Entity-wide risk management for pension funds
This paper explores the application of ERM-style techniques to pension funds. It uses the term 'entity wide risk management', rather than 'enterprise risk management, because many pension funds do not view themselves as business 'enterprises' as ... read more >>
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- Author:
- C.A. Cowling, R. Frankland, R.T.G. Hails, M.H.D. Kemp, R.L. Loseby, J.B. Orr and A.D. Smith
- Source:
- Sessional research paper
Developing a framework for the use of discount rates in actuarial work
The Management Board of the UK Actuarial Profession is undertaking a thought leadership cross-practice research project on the use of discount rates by UK actuaries. The timing for this research is particularly appropriate as there is a convergence ... read more >>