Document library
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- Author:
- Sally Grover
- Source:
- Journal of the Institute of Actuaries [JIA] (1992) 119: 379-381
The insurance sourcebook, by Robert Cunnew (ed) (Book review)
J.I.A. 119, II, 379–381 REVIEWS The Biology of Life Span: a Quantitative Approach. By L. A. GAVRILOV and N. S. GAVRILOVA (Harwood Academic Publishers) £62. The authors, a husband and wife team, have produced an interesting and carefully argued book ... read more >>
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- Author:
- Shailesh A Malde; Timothy E Andrews; Simon J Brickman; Michael J Brockman; Andrew N Hitchcox; Kenneth P W Larner; John Lockyer
- Source:
- General Insurance Convention 1990
Employers' liability insurance
The paper presented at last year's GISG by Nicholas Michaelides' Working Party on Liability Insurance gave an excellent introduction to the general principles of Liability Insurance - and this report attempts to cover the area of Employers' Liability (EL) ... read more >>
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- Author:
- Peter N Matthews; David I Tomlinson; Martin G White
- Source:
- General Insurance Convention 1990
Commutation Working Party report
Commutation could be described as a means outside litigation, arbitration, repudiation, or liquidation, whereby both parties of a potential dispute can arrive at an acceptable financial settlement. The many reasons why cedant or reinsurer may wish to end a ... read more >>
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- Author:
- Hugh Rice; Martin G White
- Source:
- General Insurance Convention 1990
Reinsurance to close at Lloyd's and related issues
These notes have been prepared in response to the increasing interest in Lloyd's expressed at the 1989 GIRO Conference. For the purposes of the discussion at 1990 GIRO, Section 3 is not essential. It was felt that some notes on data would be of practical ... read more >>
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- Author:
- London Market Actuaries Group; Anthony Bradshaw; Martin Bride; Andrew B English; David J Hindley; George P M Maher
- Source:
- General Insurance Convention 1990
Reinsurance and retentions, volume II
We have defined the retention of a general insurance operation as all business which is not ceded including coinsured layers of excess of loss reinsurance, and any unplaced parts of the operations reinsurance programme. We stress that we have used the word ... read more >>
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- Author:
- Latent Claims Working Party
- Source:
- General Insurance Convention 1990
Latent claims (1990)
This report is largely a survey of the background to the main types of latent claims currently being faced by UK insurers, reinsurers and syndicates, together with some suggested approaches to reserving for such claims. We also conducted a survey of ... read more >>
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- Author:
- Kenneth P W Larner
- Source:
- General Insurance Convention 1990
Reinsurance to close - traditional methods [Exhibits]
RITC TRADITIONAL METHODS G.I. Convention 1990 Ken Larner 1990 General Insurance Convention E X H I B I T S Premiums 1.1 Data Triangle & Factors 1.2 Data Triangle & Factors cont’d. Paid 2.1 Data Triangle & Factors 2.2 Data ... read more >>
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- Author:
- David M Hart; Patrick S Carroll; James Dean; Peter N Downing; Peter A G Green; Julian C T Leigh; Glyn MacAulay; Constantinos Miranthis; David I Tomlinson
- Source:
- General Insurance Convention 1990
Report of Reinsurers' Security Working Party
The Working Party adopted the following as its terms of reference: 1) To provide material which may be of assistance to reinsurance security committees; 2) To provide guidance to those responsible for the making of provisions against current and potential ... read more >>
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- Author:
- Caroline Barlow; Simon J Brickman; Richard J Field; Nigel D Hooker; Judith King; Graham A Masters; David E A Sanders
- Source:
- General Insurance Convention 1990
Mortgage-related insurances. Report of the Pecuniary Loss Working Party
Mortgage Indemnity Guarantee (MIG) Insurance is a class of business which appears to have received relatively little actuarial attention in the past, although it has been transacted for a considerable number of years. This lack of actuarial investigation ... read more >>
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- Author:
- Peter N Matthews; David I Tomlinson; Martin G White
- Source:
- General Insurance Convention 1990
Portfolio transfers
This note arose out of, and forms an attachment to, a paper on the subject of commutation. Depending upon their needs, it is intended to give readers a background note or a brief introduction to portfolio transfers. PORTFOLIO TRANSFERS COMMUTATION W ... read more >>
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- Source:
- General Insurance Convention 1990
Reinsurance to close - stochastic method
This method is based on a general underlying model of the claims process. Risk theory provides a basis for both the random and systematic components of the run off. The method is free from dependence on any particular form of error structure (for example ... read more >>
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- Author:
- London Market Actuaries Group; Anthony Bradshaw; Martin Bride; Andrew B English; David J Hindley; George P M Maher
- Source:
- General Insurance Convention 1990
Reinsurance and retentions [exhibits]
We have defined the retention of a general insurance operation as all business which is not ceded including coinsured layers of excess of loss reinsurance, and any unplaced parts of the operation's reinsurance programme. We stress that we have used the ... read more >>
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- Author:
- Peter H Hinton; Andrew J Macnair
- Source:
- General Insurance Convention 1990
Claims run-off patterns update
The attached tables update those in Section C of the report of the Working Party on Claims Run-off Patterns presented to the General Insurance Study Group in October 1989, by including data from the 1988 returns in their calculation. The methodology is ... read more >>
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- Author:
- General Insurance Board
GN12: General insurance business: actuarial reports. Version 1.1
This general insurance Guidance Note has been adopted by the Board for Actuarial Standards. The latest version is available on the <a href\="http://www.frc.org.uk/bas/actuarial/index.cfm" target\="external">BAS website</a>. Faculty and ... read more >>
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- Author:
- General Insurance Board
GN14: Actuarial reporting on Lloyd's run-off years of account. Version 1.1 [Deleted from Manual of Actuarial Practice in January 1999]
This general insurance Guidance Note was deleted January 1999 Faculty and Institute of Actuaries Guidance note GN14 v1.1 (01.09.1990) GN14: Actuarial Reporting on Lloyd's Run-off Years of Account Classification Practice Standard Legislation or ... read more >>
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- Author:
- Ryan, J P; Larner, K P W
- Source:
- Journal of the Institute of Actuaries [JIA] (1990) 117: 597-669
The valuation of general insurance companies
The paper presents a theoretical framework for the valuation of a general insurance company to actuaries, but also aims to provide reference work for non-actuarial users of appraised values. It distinguishes between the price that may be paid for an ... read more >>
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- Author:
- General Insurance Board
GN14: Actuarial reporting on Lloyd's run-off years of account. Version 1.0
This general insurance Guidance Note was deleted January 1999 Faculty and Institute of Actuaries Guidance note GN14 v1.0 (01.04.1990) D/73 GN14: ACTUARIAL REPORTING ON LLOYD'S RUN-OFF YEARS OF ACCOUNT Classification (see APC) This Guidance Note is ... read more >>
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- Author:
- Verrall, R. J.
- Source:
- Staple Inn Actuarial Society (1990)
Statistical aspects of outstanding claims reserving
Valuation of Long Term Claims in a Stable Environment 1. The method described below makes the following implicit assumptions; (a) The question of claims is known reasonably accurately (or can be simulated) and is relatively stable. (b) The assets ... read more >>