Document library
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- Author:
- J J Caslin
- Source:
- British Actuarial Journal [BAJ] (2004) 10: 441-541
Hedge funds
HEDGE FUNDS By J. J. Caslin [Presented to the Faculty of Actuaries, 16 February 2004] abstract The paper opens by showing how certain types of hedge funds can reduce the risk and increase the return on a traditional ... read more >>
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- Author:
- P J Sweeting
- Source:
- British Actuarial Journal [BAJ] (2004) 10: 353-418
Pension schemes and fixed income investment
PENSION SCHEMES AND FIXED INCOME INVESTMENT By P. J. Sweeting [Presented to the Institute of Actuaries, 26 January 2004] abstract The purpose of this paper is to investigate the role that fixed income securities should play ... read more >>
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- Author:
- Michael Eakins; Scott Robertson
- Source:
- Younger Members' Convention 2003
Principles and practices of financial management (PPFM) (slides)
Financial management Scott Robertson Michael Eakins December 2003 Principles and Practices of Financial Management (PPFM) Younger Members Convention Agenda Headlines Background PPFM – definitions and aims PPFM – content Principles and Practices PPFM ... read more >>
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- Author:
- Mukesh Mittal; Nigel Masters
- Source:
- Life Convention 2003
International Accounting Standards - What needs to be done (Handout)
Accounting and auditing 1 abcd IAS What needs to be done 2003 Life Convention 9-11 November Mukesh Mittal Nigel Masters Hilton Birmingham Metropole Hotel PricewaterhouseCoopers Agenda • Timeline • Questions • Transition to IFRS • Phase I • Phase ... read more >>
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- Author:
- Alan Twigg
- Source:
- Life Convention 2003
Unlocking business benefits of US GAAP (Handout)
Accounting and auditing 1 abcd 2003 Life Convention 9-11 November Hilton Birmingham Metropole Hotel Unlocking business benefits of US GAAP Alan Twigg Introduction ? US GAAP doesn’t always travel well ? Many detailed rules, some seem rather arbitrary ... read more >>
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- Author:
- Mark Willder
- Source:
- Life Convention 2003
Management of a with-profit fund using option pricing techniques (Handout)
MANAGEMENT OF A WITH-PROFIT FUND USING OPTION PRICING TECHNIQUES Mark Willder Life Convention , Birmingham 10/11/03 1 Outline • The Contract — Unitised With-Profits • Problem 1 — Investment of Assets • A Solution • The Results ... read more >>
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- Author:
- David Hare; Ian Moran
- Source:
- Life Convention 2003
The realistic reporting of with-profits business (Handout)
With profits life assurance; Guarantees 1 abcd 2003 Life Convention 9-11 November The Realistic Reporting of With-Profits business David Hare (on behalf of the With-Profits Working Party of the 2005 Accounting Project) Ian Moran Terms of reference An ... read more >>
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- Author:
- Chris O'Brien
- Source:
- Life Convention 2003
Is the UK life assurance market competitive? Evidence from companies' charges (Slides)
Regulation ab cd Is the UK life assurance market competitive? Evidence from companies’ charges 2003 Life Convention, 9-11 November Hilton Birmingham Metropole Hotel Chris O’Brien Centre for Risk and Insurance Studies, Nottingham University Business ... read more >>
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- Author:
- Ian Maidens
- Source:
- Life Convention 2003
Sandler, with profits and alternative structures (Slides)
10 November 2003 Ian Maidens 2003 Life Convention – Let’s get real! B11 - Sandler With Profits and Alternative Structures Market Background Requirements for Sandler WP What do consumers want from WP? What new products have been ... read more >>
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- Author:
- Paul Turnbull
- Source:
- Life Convention 2003
Tax management and current issues (Handout)
Life Tax Tax management and current issues Paul Turnbull paul.turnbull@eu.watsonwyatt.com 2003 Life Convention Birmingham, 9-11 November 2 Agenda ? Overview of life tax ? Myth of the shareholders marginal tax rate ? NC1 basis of tax and XSE ? ... read more >>
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- Author:
- Phil Eaton; Mike Kipling
- Source:
- Life Convention 2003
The FSA Arrow risk assessment process (Handout)
Regulation 1 The FSA Arrow Risk Assessment Process Philip Eaton & Mike Kipling 10 November 2003 Outline of presentation • Key features and output of our new approach • Findings to date • Actuaries as a regulatory tool • How to prepare for an ... read more >>
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- Author:
- Brian Edey
- Source:
- Life Convention 2003
Profit emergence under international accounting standards (Slides)
� Er nst & Y ou ng LL P. Al l R igh ts Re ser ve d. ab cd Pr of it Em er ge nc e un de r I AS 20 03 L ife C on ve nt io n 9- 11 N ov em be r Br ia n Ed ey H ilt on B irm in gh am M et ro po le H ot el � Er nst & Y ou ng LL P. ... read more >>
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- Author:
- David Richardson
- Source:
- Life Convention 2003
Economic value management - a practical perspective (Handouts)
Performance measurement; Financial risk analysis 1 Economic Value Management - a practical perspective David Richardson IoA Life Convention November 11, 2003 Page 2 Agenda ? Conceptual overview ? Implementation issues/practical experiences ? Business ... read more >>
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- Author:
- Brian Morrissey
- Source:
- Life Convention 2003
Developments in the equity release market (Slides)
Annuitant mortality and longevity risk Developments in the Equity Release Market Brian Morrissey, KPMG 2003 Life Convention 9-11 November Hilton Birmingham Metropole Hotel Agenda Equity Release products in UK Regulation Risks Funding ... read more >>
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- Author:
- Andy Carr; Rob Kerry
- Source:
- Life Convention 2003
Principles and practices of financial management (PPFM) - from consultation to practice (Handout)
1 abcd 2003 Life Convention 11 November D12 - PPFM - from Consultation to Practice Hilton Birmingham Metropole Hotel Agenda PPFM - CP167 and PS167 Working Party findings and issues. What are the issues emerging in putting PPFM into ... read more >>
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- Author:
- Jackie Wells; David Gulland
- Source:
- Life Convention 2003
The impact on the UK savings industry of the Sandler Review (handout)
Financial services; Saving; Personal financial planning 1 abcd The Impact on the UK Savings Industry of the Sandler Review Jackie Wells and David Gulland 2003 Life Convention 9-11 November “HM Treasury… • Background …announces stakeholder price ... read more >>
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- Author:
- Peter Wright
- Source:
- Life Convention 2003
Accounting developments (handout)
1 30/09/2003 GO5 – ACCOUNTING DEVELOPMENTS 1. Introduction The aim of this session is to cover those accounting developments which will be of both direct and indirect interest to actuaries involved in life assurance. However, issues related to ... read more >>
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- Author:
- Nigel Gillott; David Slater
- Source:
- General Insurance Convention 2003
The new FSA capital requirements
A\C:\Emma\website\proceedings\giro2003\gillott.doc General Insurance Convention, 14-17 October 2003, Cardiff The New FSA Capital Requirements Nigel Gillott and David Slater This workshop, delivered by the authors of the actuarial report which was ... read more >>
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- Author:
- P M Booth; G Marcato
- Source:
- Sessional meeting paper
The measurement and modelling of commercial real estate performance
In this paper we discuss methods of developing real estate indices, the availability of real estate data, the problems of using published real estate data and how real estate data can be used for stochastic investment modelling for actuarial purposes. In ... read more >>
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- Author:
- Bruce Porteous and Louise McCulloch
- Source:
- Credit Today, August 2003
An underestimated risk
Persistency risk can have a great impact on a firm's economic value and the markets may underestimate its importance. This article explains how it can affect a company's value. Keywords: persistency\; risk\; banking\; finance\; capital adequacy\; Basel ... read more >>