Document library
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The Penrose report. A discussion meeting held by the Institute of Actuaries. Abstract of the discussion
The `Report of the Equitable Life Enquiry', by The Right Honourable Lord Penrose, was delivered to Treasury Ministers on 23 December 2003, and was published on 8 March 2004 by The Stationary Office (also at www.hm-treasury.gov.uk). Members were encouraged ... read more >>
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Market consistent valuation of life assurance business
In recent years there has been a trend towards market consistent valuation in those institutions for which actuaries have responsibilities. The larger United Kingdom with-profits insurance companies are now preparing realistic balance sheets, both for ... read more >>
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Longevity in the 21st century
The main objective of this paper is to offer a detailed analysis of mortality change in the United Kingdom at the beginning the 21st century. Starting from an exploration of 20th century mortality trends, focusing in particular on the 1990s, underlying ... read more >>
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Is it time for a review of guaranteed income protection? (Handout)
Permanent health insurance; Dread disease insurance; Guarantees 1 abcd “Is it time for a review of guaranteed income protection?” Life Convention 10-11 November 2003 Birmingham Agenda for today Background on income protection (IP) guarantees Summary ... read more >>
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Why good data for us is good data for you! (Handout)
1 GE Frankona Re g Life Convention 9-11 November 2003 Metropole Birmingham Why good data for us is good data for you! Brian Valentine and Gary Collier - 2 -12/16/2003 g GE Frankona Re Agenda • The importance of good data • Sources of data • Some ... read more >>
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Taxation of long-term business
1 Taxation of long-term business Actuarial Profession Life Office Taxation Working Party June 2003 Introduction This paper seeks to provide a high level description of the taxation of long-term business in the United Kingdom. Long-term business ... read more >>