Document library
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- Author:
- Andreas Tsanakas; Peter Tavner
- Source:
- General Insurance Convention 2002
Capital allocation in the Lloyd's insurance market [Slides]
1 Capital Allocation in the Lloyd’s Insurance Market Andreas Tsanakas and Peter Tavner Market Risk and Reserving Unit Contents Part 1 Lloyd’s RBC Overview Peter Syndicate Specific Adjustments “ “ Operational Risk “ “ Catastrophe Risk ... read more >>
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- Author:
- General Insurance Board
Note and World Trade Center (WTC) Working Party Paper
This note, which incorporates the Paper referred to in 5 below, has been to supplement the Guidance Notes on reports and opinions produced under Guidance Notes GN12, GN18, GN20 and GN33. Issued December 2001 (with addendum December 2002). December 2001, ... read more >>
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- Author:
- Julian Lowe
Advisory Note on the US Terrorist Attacks (the WTC event) of 11 September 2001. Covering letter
This Advisory Note is being issued by the General Insurance Board to supplement the Guidance Notes on reports and opinions produced under Guidance Notes GN12, GN18, GN20 and GN33. The General Insurance Board of the Faculty and Institute of Actuaries set up ... read more >>
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Silverstein Properties Insurance Carriers: World Trade Center 1, 2, 4, 5
Silverstein Properties Insurance Carriers World Trade Center 1, 2, 4, 5 US Markets ACE Allianz Chubb / Federal Hartford IRI Lexington Liberty Mutual Group (LMG) Royal St Paul TIG Tokio Marine Travelers Travelers Gulf Twin City XL Bermuda Zurich US London ... read more >>
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- Author:
- World Trade Center Working Party
Company loss forecasts (High/Low)
World Trade Center Working Party - Company Loss Forecasts Institute/Faculty of Actuaries - World Trade Center Working Party Company Loss Forecasts Low High Lloyd's Comments (US$m) (US$m) Berkshire Hathaway 2,200 2,200 Net pre-tax loss Munich Re ... read more >>
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Placing presentation for the World Trade Center property insurance
The World Trade Center is one of the most prominent commercial real estate complexes in the world and a hallmark of the Manhattan skyline. This document discusses many of the physical characteristics of the complex, various protection and risk control ... read more >>
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- Author:
- World Trade Center Working Party
Company loss forecasts (Gross/Net)
Institute/Faculty of Actuaries - World Trade Center Working Party Company Loss Forecasts Gross/ Gross Net Net (US$m) (US$m) Lloyd's of London 8,000 1,900 421% Munich Re 3,000 1,942 154% GE (Employers Re) 3,000 600 500% Berkshire Hathaway ... read more >>
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- Author:
- World Trade Center Working Party
World Trade Center: company occupants
Company Business Floor Company Business Floor 100's 100's Showtime Pictures Business Services 107 Channel 11 (WPIX) Television 110 Atlantic Bank of New York Financial Institution 106 Channel 2 WCBS) Television 110 Sandler O'Neil & ... read more >>
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- Author:
- Lloyd's of London
Lloyd's funding decision
Lloyd's of London, the world's leading insurance market, announced today that it has reached agreement with the New York Insurance Department in conjunction with National Association of Insurance Commissioners (NAIC) on the funds required for its "Credit ... read more >>
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- Author:
- Andrew Bolger
Lloyd's needs Ł1.5bn more to cover reinsurance claims
Lloyd's of London faces an additional Ł1.5bn strain on its liquidity following the September 11 attacks on the US. US regulators yesterday reversed a relaxation of the rules governing how much of its funds the UK-based insurance market must deposit in ... read more >>
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SR International Business Insurance Co Ltd v World Trade Center Properties Inc ...
Complaint for declaratory relief ... read more >>
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- Author:
- Adrian Michaels
Gloves off as Swiss Re questions WTC claim
One of the world's biggest insurance companies has taken the most aggressive step to date to put a ceiling on its losses from the attacks on the World Trade Center. Swiss Re, in papers filed in a US federal court, has issued a legal attack on Larry ... read more >>
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- Author:
- Andrew Bolger
Lloyd's of London to be checked by US regulators
US insurance regulators are to check the financial strength of the Lloyd's of London insurance market in light of the September 11 terrorist attacks. Lloyd's has estimated that the market's net exposure to the World Trade Center attacks will be Ł1.3bn ... read more >>
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- Author:
- General Insurance Convention 2001
- Source:
- Michael McCarter; Peter Clark
Fair value accounting for insurance (handout)
1 Fair Value Accounting for Insurance Michael G. McCarter, FCAS, MAAA Joint GIRO/CAS Convention Glasgow, Scotland October 5, 2001 2 Introduction • It’s not just fair value, it’s “Performance Reporting”! • FASB and fair value. • IASB and insurance ... read more >>
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- Author:
- Michael McCarter; Peter Clark
- Source:
- General Insurance Convention 2001
Fair value accounting for insurance (slides)
Fair Value Accounting for Insurance Michael G. McCarter, FCAS, MAAA Joint GIRO/CAS Convention Glasgow, Scotland October 5, 2001 * Introduction It’s not just fair value, it’s “Performance Reporting”! FASB and fair value. IASB and insurance ... read more >>
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- Author:
- Bill McConnell; Philip Archer-Lock
- Source:
- General Insurance Convention 2001
Calculating premium monitoring/rate change indices (handout)
Premium Rating Indices Workshop 3 October 2001 GIRO / CAS Convention 2001 1 PREMIUM RATING INDICES Workshop 2001 GIRO / CAS Convention Bill McConnell Philip Archer-Lock Members of the Working Party Philip Archer-Lock Nigel Finlay Alex Foord Ian ... read more >>
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- Author:
- Andrew Smith; Frances Southall; Elliot Varnell
- Source:
- Joint GIRO/CAS Convention 2001
Stochastic asset models update 2001 [slides]
B&W Deloitte Stochastic Asset Models Update 2001 Andrew Smith Frances Southall Elliot Varnell tsmuk@bw-deloitte.com © B&W Deloitte Session Objectives A hands-on session for existing model users Some models need updating to allow for recent ... read more >>
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- Author:
- Bill McConnell; Philip Archer-Lock
- Source:
- Joint GIRO/CAS Convention 2001
Premium rating indices workshop [slides]
Premium Rating Indices Workshop 3 October 2001 GIRO / CAS Convention 2001 1 PREMIUM RATING INDICES Workshop 2001 GIRO / CAS Convention Bill McConnell Philip Archer-Lock Members of the Working Party Philip Archer-Lock Nigel Finlay Alex Foord Ian ... read more >>
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- Author:
- Paddy Paddam
- Source:
- Joint GIRO/CAS Convention 2001
A short introduction to extreme value theory [slides]
A Short Introduction to Extreme Value Theory Paddy Paddam GIRO/CAS Convention 2001 Email: paddy.s.paddam@uk.pwcglobal.com Tel: +44 (0)20 7804 0830 Contents • Introduction and Context • Theory • Short example and application issues • Comments and ... read more >>
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- Author:
- Nick Prettejohn
- Source:
- Joint GIRO/CAS Convention
Lloyd's chain of security
1 1 Nick Prettejohn Glasgow 5th October 2 Premiums Trust Funds Funds at Lloyd’s Central Fund Premiums Trust Funds Funds at Lloyd’s Other Personal Wealth corporate members individual members end 2000 £m £10,635 £7,324 £212 £323 +insurance +callable ... read more >>