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Author:
General Insurance Board

GN33: Actuarial reporting for Lloyd's syndicates writing US business. Version 3.0

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>. MAP/GN33 V3.0 ... read more >>

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Author:
General Insurance Board

GN20: Actuarial reporting under the Lloyd's Valuation of Liabilities Rules. Version 6.0

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>. MAP/GN20 V6.0 ... read more >>

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Author:
Seamus Creedon
Source:
General Insurance Convention 2003

Capital assessment

Capital Assessment Workshop / discussion GIRO 2003 Working Party members Seamus Creedon (chairman) Alan Chalk Mark Chaplin James Goodchild Trevor Jones Steve Postlewhite Gillian Powls Tim Sheldon James Tuley Jim Webber Colin Wilson Objective To stimulate ... read more >>

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Author:
Darren Michaels
Source:
Younger Members' Convention 2002

APH: how the love carnal and silicone implants nearly destroyed Lloyd's (slides)

IBNR; Latent claims © Copyright Towers Perrin, Forster & Crosby, Inc 3 December 2002 Darren Michaels APH: How the Love Canal and Silicone Breasts Nearly Destroyed Lloyds Younger Members’ Convention - Warrington 2 © Copyright Towers Perrin, Forster ... read more >>

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Author:
Derek Newton
Source:
Younger Members' Convention 2002

ART for ART's sake (slides)

Reinsurance 1 ART for ART’s sake Derek Newton 2nd December 2002 2 Agenda ART market overview what is it? how did we get here? size, players, etc. Product review what do they look like & how do they work? Market trends ... read more >>

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Author:
Derek Newton
Source:
Younger Members' Convention 2002

You call that ART?!! (slides)

Reinsurance 1 You call that ART?!! Derek Newton 2nd December 2002 The Actuarial Profession making financial sense of the future 2 Agenda ART market overview what is it? how did we get here? size, players, etc. Product review what do they look ... read more >>

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Author:
Peter England
Source:
Younger Members' Convention 2002

Stochastic reserving in general insurance (slides)

Reserves; Stochastic models 1 abcd Stochastic Reserving in General Insurance Peter England, PhD EMB Younger Members’ Convention 03 December 2002 Aims n To provide an overview of stochastic reserving models, using England and Verrall (2002, BAJ) as a ... read more >>

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Author:
Derek Newton
Source:
Younger Members' Convention 2002

ART for ART's sake

Reinsurance ART for ART’s sake Derek Newton 2nd December 2002 abcd Consultant's Name Agenda ART market overview what is it? how did we get here? size, players, etc. Product review what do they look like & how do they work? Market trends market ... read more >>

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Author:
Peter England
Source:
Younger Members' Convention 2002

Stochastic reserving in general insurance

Reserves; Stochastic models Stochastic Reserving in General Insurance Peter England, PhD EMB Younger Members’ Convention 03 December 2002 abcd Aims To provide an overview of stochastic reserving models, using England and Verrall (2002, BAJ) as a ... read more >>

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Author:
Derek Newton
Source:
Younger Members' Convention 2002

You call that ART?!!

Reinsurance You call that ART?!! Derek Newton 2nd December 2002 The Actuarial Profession making financial sense of the future Consultant's Name Agenda ART market overview what is it? how did we get here? size, players, etc. Product review what do they ... read more >>

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Author:
General Insurance Board

GN18: Actuarial reporting for UK general insurance companies writing US regulated business. Version 2.1 [adopted by BAS on 19 May 2006]

This 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>. MAP/GN18 V2.1 ... read more >>

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Author:
General Insurance Professional Standards and Guidance Committee
Source:
Advisory note

Reviewing data for reasonableness

Statements of actuarial opinion ("SAOs") provided in respect of Lloyd's syndicates will, with effect from the 2002 year end, include the statment by the signing actuary that: "I have reviewed all the key data for reasonableness". The purpose of this note ... read more >>

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Author:
David Sanders
Source:
General Insurance Convention 2002

The management of losses arising from extreme events

The Management of Losses Arising from Extreme Events GIRO 2002 D E A Sanders (Chair) Anders Brix Paul Duffy Will Forster Tony Hartington Gavin Jones Charles Levi Paddy Paddam Dimitris Papachristou Geoff Perry Stephen Rix Fiona Ross Andy J Smith ... read more >>

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Author:
Derek Newton, Chairman
Source:
General Insurance Convention 2002

Insurance related solvency regimes [slides]

abcd Insurance related solvency regimes GIRO XXIX 2002 Convention Derek Newton 10 October 2002 Disneyland® Resort Paris Insurance related solvency regimes What is happening internationally? What is likely to happen in the UK? What is the role of ... read more >>

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Author:
Andrew Smith; Martin White
Source:
General Insurance Convention 2002

Investment strategy [slides]

1 Investment Strategy Andrew Smith Martin White Acknowledgements to: • Roger Boulton • Michael Eabry • Dix Roberts • Alpesh Shah • Gary Wells • Brian White Workshop Overview • Current strategies: rationale • Capital structure to maximise value • ... read more >>

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Author:
Rob Cowley (Chairman)
Source:
General Insurance Convention 2002

UK household: floods, inflation and under-insurance. Working party report

With the exception of the severe floods in October 2000, recent Household claims experience has been benign. However, this is deceptive; the underlying cost of Household claims has been increasing rapidly, fuelled by rising domestic consumption and a ... read more >>

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Author:
Aurelie Despeyroux; Charles Levi; Christian Partrat
Source:
General Insurance Convention 2002

IAS - New actuarial techniques required [Slides]

* abcd GIRO XXIX 2002 Convention 8-11 October 2002 Disneyland® Resort Paris * IAS NEW ACTUARIAL TECHNIQUES REQUIRED A. DESPEYROUX C. LEVI C. PARTRAT 10,11 October 2002 * Agenda Introduction Run off Triangle Cash Flows Stochastic ... read more >>

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Author:
Justin Skinner
Source:
General Insurance Convention 2002

Practical stochastic reserving

This workshop will concentrate on the practical implementation of stochastic reserving techniques to general insurance data. In particular, the workshop presentation will discuss: published methods, practical difficulties with published methods, some ... read more >>

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Author:
Ana Mata; Brian Fannin; Mark Verheyen
Source:
General Insurance Convention 2002

Pricing excess of loss treaty with loss sensitive features: an exposure rating approach (slides)

1 Pricing excess of loss treaty with loss sensitive features: an exposure rating approach by Ana J. Mata Brian A. Fannin Mark A. Verheyen The problem Given: – The expected loss cost for the treaty. – The characteristics of the portfolio of policies: ... read more >>

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Author:
Peter Hinton
Source:
General Insurance Convention 2002

FSA financial resource requirements

This session relates to the proposed new rule contained in the FSA's CP97 at PRIR 2.3.1 FSA Financial Resource Requirements (Workshop - 2002 GIRO Convention, Disneyland Resort Paris) This session relates to the proposed new rule contained in the FSA’s ... read more >>