Document library
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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:
- 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:
- D Fawcett; B Seth
- Source:
- Pensions and the Law
The Threat of Company Insolvency
12/09/2013 1 Company Insolvency and Restructuring Denise Fawcett, Partner, Pitmans LLP Ben Seth, Solicitor, Pitmans LLP 17 September 2013 CORPORATE INSOLVENCY •Distribution Priority •Procedures •Office Holder’s Powers •Pre-Packaged Sales ... read more >>
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- Author:
- D Hosford; R Jakubowski
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- Pensions and the Law
GMP Conversion
12/09/2013 1 GMP Conversion “The mechanics of GMP conversion and why we expect it to feature as a growing trend in tackling the equalisation of GMP benefits.” Pensions and the Law 2013 17 September 2013 GMP Conversion “The mechanics of ... read more >>
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- Author:
- Andrea Pryde, Anthony Coughlan, Kamran Foroughi
Accounting proposals for insurance contracts, Preliminary views on Exposure Draft and implications
Open Forum: Insurance Accounting - A New Era II? Chairman: Derek Wright Accounting Proposals for Insurance Contracts Guest Speaker: Andrea Pryde, IASB Insurance Contracts Project Leader Preliminary views on Exposure Draft and implications ... read more >>
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CHIPS programme
Current Highlights in Pensions Seminars One-day seminar CPD: 5.50 Hours Programme 09.00 - 09.30 Registration and ... read more >>
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- Author:
- I France
- Source:
- Pensions and the Law
Legal Aspects of Longevity Risk Transfers
03/09/2013 1 Legal aspects of longevity risk transfers Isabel France 17 September 2013 Is there power to do the transaction? Which rule applies? • Transfer rule? • Investment power? • Specific buy-in power? • Winding-up rule? • Is ... read more >>
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- Author:
- D Archer; C Netiatis; J Richards
- Source:
- Pensions and the Law
Professional Negligence
12/09/2013 1 Professional Negligence – Will it get any easier? Pensions and the Law 2013 17 September 2013 Professional Negligence Will it get any easier? Chris Netiatis, Partner Julian Richards, Senior Solicitor Julian Prentice, Solicitor ... read more >>
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- Author:
- Mark Sansom; Martin McElwee
- Source:
- Practical guidance for volunteers - on issues relating to competition law
Practical guidance for volunteers - on issues relating to competition law
Freshfields Bruckhaus Deringer LLP Keeping within the boundaries of competition law Mark Sansom & Martin McElwee August 2013 1 What areas are we going to discuss? 1 Why does competition law compliance matter? Risks for the IFoA and its ... read more >>
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- Author:
- Joseph Lo, Aspen
- Source:
- GIRO Conference and Exhibition 2011
Extending the Mack Bootstrap
Winner of the 2011 Brian Hey Prize - GIRO Paper 2011 Foreword * Joseph Lo, London, U.K.; joseph.lo@aspen.co 29 Foreword Many general insurance actuaries have a love-hate relationship with the Mack bootstrap. The methodology has usefully provided ... read more >>
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- Author:
- Adele Groyer; Matthew Smith; Chris Reynolds
- Source:
- Health and Care Conference 2013
C04: Extending the critical path
15/07/2013 1 C04: Extending the Critical Path Adele Groyer Matthew Smith Chris Reynolds 15 July 2013 Agenda • Background H t Att k• ear ac • Aorta Graft Surgery • Benign Brain Tumour • Next Steps 15 July 2013 15/07/2013 2 Background 15 July ... read more >>
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- Author:
- Prof Sir John Burn, Newcastle University
- Source:
- Mortality and Longevity seminar 2013
Breakthroughs in genetic medicine and the implications for degenerative diseases
04/07/2013 1 Institute of Genetic Medicine Newcastle University Centre for Life, Newcastle UK Breakthroughs in genetic medicine and implications for degenerative diseases Sir John Burn MD FRCP FRCPE FRCPCH FRCOG FMedSci Professor of Clinical Genetics ... read more >>
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- Author:
- G Moore
Pension Scheme Investing, the role of derivatives
09/07/2013 1 Pension Scheme Investing: The role of derivatives Gwion Moore Client Strategies and Research Russell Investments 09 July 2013 Derivatives and portfolio construction • Many derivatives can be though of as borrowing cash to buy ... read more >>
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- Author:
- C Perry
The Trustee Perspective
09/07/2013 1 The trustee perspective Carol Perry Director Independent Trustee Services Ltd 09 July 2013 Introduction Career in pensions Appointed as a Director of Independent Trustee Services Limited in July 2006 Director ... read more >>
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- Author:
- Tim Gordon
- Source:
- Mortality and Longevity seminar 2013
Understanding the components of longevity risk
26/06/2013 1 Components of longevity risk Tim Gordon 27 June 2013 Agenda • Context is final salary pensions – low anti-selection risk L it i k b t• ongev y r s y componen – Per individual – Baseline – Trend • Value at risk 27 June 2013 ... read more >>
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- Author:
- S Richards; G McAusland
Derivatives: a practical guide for users
Derivatives: a practical guide for users Simon Richards (Insight Investment) Graeme McAusland (Foresters) 8 July 2013 Colour palette for PowerPoint presentations Dark blue R17 G52 B88 Gold R217 G171 B22 Mid blue R64 G150 B184 ... read more >>
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- Author:
- David Brown, Chair, GIRO 2013 Third Party Claims Working Party
- Source:
- General Insurance Pricing Seminar
D3: GIRO Third Party Claims Working Party – Latest developments and findings relevant to pricing
Update from the Third Party Working Party David Brown, Direct Line Group Rob Treen, Towers Watson 01 July 2013 Colour palette for PowerPoint presentations Dark blue R17 G52 B88 Gold R217 G171 B22 Mid blue R64 G150 B184 Secondary ... read more >>