Document library
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Expenses Working Party (1988)
The purpose of this report is to give a resume of this subject in an easily readable form. It also gives some details about what companies currently do in this area. It is hoped that the report will provide a better understanding of the subject and will ... read more >>
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Corporate planning in general insurance
This working party paper is therefore intended to provide a general introduction to the subject, which is largely missing from actuarial literature: to cover basic planning elements common to all businesses; to highlight certain features specifically ... read more >>
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The management of uncertainty in a general insurance company
Although a 1987 Institute paper by this Working Party certainly did not say all that could be said on the subject of solvency, from a statutory or supervisory perspective, the Working Party felt that the focus of attention should move to the broader issue ... read more >>
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Reinsurance and retentions
It is as well to admit at the start that Reinsurance is such a vast subject that in the time available the working Party could barely scratch the surface. We deliberately set out to avoid constructing elaborate theories since these rarely have any ... read more >>
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Interim report from Working Party on Claims runoff patterns
The working party regrets that they could not complete their work in time to present a fully considered report to this convention. However we feel that the results so far obtained are of interest to a wider audience and that our work will benefit from ... read more >>
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Marine insurance and reinsurance
The only major area of insurance in the UK without substantial actuarial involvement is that referred to as MAT: Marine, Aviation and Transport. Incidentally this state of affairs seems to apply to most overseas countries also. The Institute library is ... read more >>
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LMX. Excess of loss reinsurance of Lloyd's syndicates and London Market companies
The London Market comprises Lloyd's Syndicates and London Market Companies (companies in London or London operations of large composites writing Lloyd's type business). These entities write a wide variety of business, both insurance and reinsurance, and ... read more >>