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Scottish Independence: some questions from the Institute and Faculty of Actuaries

Scottish Independence: some questions from the Institute and Faculty of Actuaries This document sets out questions from the Institute and Faculty of Actuaries on the subject of the referendum on Scottish Independence to be held in September 2014. ... read more >>

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Author:
IFoA

Risk Management Chief Risk Officer Group - Terms of Reference

This document sets out the Terms of Reference for the Risk Management Chief Risk Officer Group. Risk Management Chief Risk Officer Group Terms of Reference The Institute and Faculty of Actuaries (IFoA) as part of its strategy believes that actuaries ... read more >>

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Author:
IFoA

Volunteer Experience - Emily Penn

This document is a view from a volunteer. www.actuaries.org.uk A view from a volunteer: Emily Penn ?2013 Institute and Faculty of Actuaries “It has been a new initiative to appoint a Deputy Chair and one that has been beneficial for both the ... read more >>

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Author:
IFoA

Volunteer Experience - Geoff Rashbrooke

This document is a view from a volunteer. www.actuaries.org.uk A view from a volunteer: Geo Rashbrooke ?2013 Institute and Faculty of Actuaries “Participation represented an opportunity for me to pass on my skills and experience and for others to ... read more >>

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Author:
IFoA

Task and Person Specification - IFoA Representative on Groupe Consultatif Insurance Committee

This document sets out the Task and Person Specification for an IFoA representative on the Groupe Consultatif Insurance Committee. The Institute and Faculty of Actuaries “Groupe Consultatif Insurance Committee” – representing the IFoA Terms of ... read more >>

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Author:
Marion Young

Council agenda pack: 31 July 2013

INSTITUTE AND FACULTY OF ACTUARIES Meeting of Council on Wednesday 31 July 2013 from 09.30 to 16.30 at Staple Inn Hall, High Holborn, London, WC1V 7QJ Attendance: David Hare, President and Chairman Deborah Cooper Patrick Lee Alan ... read more >>

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Author:
Disciplinary Board, the Institute and Faculty of Actuaries

Disciplinary Board Minutes of Meeting 21 May 2013

Minutes of a Disciplinary Board meeting held 21 May 2013 Page 1 of 4 The Institute and Faculty of Actuaries MINUTES for a meeting of the Disciplinary Board held on Tuesday 21 May 2013 at Staple Inn, London starting at 10.30 am ... read more >>

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Standards Review Committee

Professional Standards Directory Update 30

Professional Standards Directory Update 30 26 September 2013 PROFESSIONAL STANDARDS DIRECTORY - Update 30 (Actuaries’ Code) The Professional Standards Directory can be found here. It is designed to permit members and others to access ... read more >>

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Author:
Marion Young

Council agenda: 7 October 2013

INSTITUTE AND FACULTY OF ACTUARIES Meeting of Council on Monday 7 October 2013 from 09.30 to 16.30 at the Edinburgh International Conference Centre (EICC) The Exchange, 150 Morrison Street, Edinburgh EH3 8EE Attendance: David Hare, ... read more >>

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Author:
Marion Young

Council agenda: 31 July 2013

INSTITUTE AND FACULTY OF ACTUARIES Meeting of Council on Wednesday 31 July 2013 from 09.30 to 16.30 at Staple Inn Hall, High Holborn, London, WC1V 7QJ Attendance: David Hare, President and Chairman Deborah Cooper Patrick Lee Alan ... read more >>

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Author:
Institute and Faculty of Actuaries

GIRO Committee 2014 - Task and Person Specification

This document sets out the task and person specification for a volunteer member of this committee. Committee Member – GIRO Committee 2014 The Institute and Faculty of Actuaries (IFoA) is seeking proactive, innovative volunteers to join the Committee ... read more >>

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Author:
Anthony Coughlan and Vasu Patel

Accounting Developments For Insurers – September 2013

September 2013 Page 1 of 6 Accounting Developments For Insurers – September 2013 Prepared by: Anthony Coughlan, Nick Dexter and Vasu Patel During summer 2013, significant proposals on the future accounting for insurers were released by the ... read more >>

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Author:
Alastair Clarkson

Note from the Chair of the Life Board - September 2013

Note from Alistair Clarkson, Chair of the Life Board:- We held our first Life Board meeting of the new session on 12 September, where we discussed our priorities for the session. One key area is to ensure that we become a key body that both the ... read more >>

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Author:
Institute and Faculty of Actuaries

Task and Person Specification for the Editor - The Longevity Bulletin

This document sets out a description of what is involved and the key skills required to take on this role for the IFoA. The Institute and Faculty of Actuaries Editor – The Longevity Bulletin We are seeking to appoint a proactive, innovative ... read more >>

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Author:
Ji Yeo
Source:
GIRO40

A Report from GIRO Advanced Pricing Techniques (APT) Working Party

This paper examines in details six overlooked facts of using generalized linear models (GLMs) for non-life pricing and discusses whether the use of GLMs is still fit for purpose in a competitive market. The six facts of GLMs discussed are 1. Either zero or ... read more >>

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Author:
Marion Gremillet, Pierre Miehé and José Luis Vilar Zanón
Source:
GIRO40

Reversible Jump Markov Chain Monte Carlo method

Calculating deterministic reserves is no longer sufficient in our times of enhanced Risk Management. Today, Insurers strive to have a complete view of the risk underlying reserves valuation: therefore stochastic projection methods become central to today’s ... read more >>

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Author:
Joseph Lo and Corina Constantinescu
Source:
GIRO40

Ruin Theory Starter Kit #1

The aim of the paper is to provide general insurance actuaries a starting point for evaluating and engaging with ruin theory in a practical manner. Towards this goal, the paper undertakes three tasks. First, it sets out the basic mathematical principles ... read more >>

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Author:
Solvency II Technical Provisions Working Party
Source:
GIRO40

Solvency II Technical Provisions for General Insurers

Solvency II Technical Provisions for General Insurers by the Institute & Faculty of Actuaries General Insurance Reserving Oversight Committee’s Working Party on Solvency II Technical Provisions: Susan Dreksler (Chair), Christopher Allen, ... read more >>

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Author:
Sue Cross

Competition Commission's review of the Private Healthcare market

Latest on the Competition Commission’s review of the Private Healthcare market. Following a period of information gathering and analysis, including formal hearings with a large number of parties, the Competition Commission (CC) has recently ... read more >>

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Author:
The Institute and Faculty of Actuaries
Source:
Exam pass list

List of successful candidates qualifying in various categories, September 2013

List of successful candidates passing the exams required for the Fellowship and Associateship, the Diploma in Actuarial Techniques and the Certificate in Finance and Investment (CFI). September 2013 List of candidates completing the CT, CA, ST and SA ... read more >>