Document library
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The Inland Revenue website
What you can find on the Inland Revenue website. The Inland Revenue Website Actuarial Profession Life Office Taxation Working Party January 2001 Goodbye Hector . The Inland Revenue have sacked their most famous member of staff. This vital piece of ... read more >>
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CMI Report 19. Whole volume
The mortality of holders of permanent (whole life and endowment) policies of assurance 1995-98; The mortality of holders of temporary assurances issued in the United Kingdom 1995-98; The mortality of immediate annuitants, holders of retirement annuity ... read more >>
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A new measure of financial risk and its application to the equities versus gilts debate
APPLICATIONS OF DERIVATIVES IN LIFE INSURANCE Colin Wilson Gareth Derbyshire Dan Jelicic Malcolm Kemp Matthew Williams Applications of Derivatives Working Party Faculty and Institute of Actuaries Investment Conference Hatfield Heath, 25-27 June ... read more >>
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Securitisation and other financing options available to life companies
Until relatively recently life companies generally met their capital needs either from internal resources or by means of equity capital provided by shareholders. However, the financial pressures on life operations have led to more innovative alternatives ... read more >>
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Report of the With Profit Bond Working Party. Full report
The Working Party was established in 1998 to research the with profits bonds market and report on the products and marketing with a particular focus on PRE. Valuation considerations were not a primary focus for the Working Party unless relevant to other ... read more >>
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CMI Report 18. Whole volume
Sickness experience 1991-94 for individual PHI policies; Sickness termination experience 1991-94 for group PHI policies; An analysis of the PHI experience of individual companies in the United Kingdom I: claim inception rates; An analysis of the PHI ... read more >>
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CMI Report 15. Whole volume
Claim inception rates under PHI policies, individual 1975-90 and group 1975-86; Recovery and mortality rates of those claiming under PHI policies, individual 1975-90 and group 1975-86; Sickness experience 1983-86 for individual PHI policies; Sickness ... read more >>
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A market-based approach to pricing with-profits guarantees
This paper addresses one of the fundamental issues faced by offices in the transacting of with-profits business, namely, the provision of equity-related performance along with maturity guarantees that increase over the lifetime of the policy. The ... read more >>