Document library
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Reinsurance bad debt provisions for general insurance companies. With supplementary note October 2005
There is currently no standard approach to the assessment of reinsurance bad debt provisions. This paper covers: the principal actuarial issues which need to be considered when setting reinsurance bad debt provisions; possible methodologies which could be ... read more >>
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Revenue management and insurance cycle
1 Revenue Management And Insurance Cycle Paper prepared for GIRO 2005 JB CROZET MSc FIA CFA FSS 2 Introduction This paper is a reflection on the optimal strategy for deploying a fixed amount of insurance ... read more >>
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Claims inflation - The Scarlet Pimpernel of actuarial work (Handout)
1 Claims Inflation - The Scarlet Pimpernel of Actuarial Work Simon Sheaf Simon Brickman GIRO 2005 Will Forster 19 October 2005 Agenda Introduction Survey results Examples of current issues affecting claim frequency and severity Methods for estimating ... read more >>
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Update from the maths toolkit for actuaries' working party (Slides)
1 A Maths Toolkit for Actuaries James Orr & Trevor Maynard A Working Title Production Part I The Model Actuary The Rate of Change The Subject of Conjecture The Continuously Developing Profession Part II Academic Research Software Survey IT ... read more >>
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Credit risk (Handout)
1 Credit Risk 32nd ANNUAL GIRO CONVENTION The Imperial Hotel, Blackpool Credit Risk Contents Introduction Example Company and reinsurance protection Traditional Approach MultiNomial Parameter Uncertainty Momentum Dependency Conclusion and ... read more >>
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GN20: Actuarial reporting under the Lloyd's Valuation of Liabilities Rules. Version 6.1
This general insurance Guidance Note has been adopted by the Board for Actuarial Standards. The latest version is available on the BAS website. MAP/GN20 V6.1 B20.1 GN20: Actuarial Reporting under the Lloyd’s Valuation of Liabilities Rules ... read more >>
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ICAS - the way forward (Slides)
ICAS – The way forward Phil Roberts 29 November 2004 The Chesford Grange Hotel, Kenilworth Experience to date Specific issues Where next © 2004 Towers Perrin What is ICAS? Initial Challenges Experience to date Specific issues Where next What is ... read more >>
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Can traditional face-to-face selling survive and prosper in the new regulatory environment (slides)
© 2004 Towers Perrin S:\06 Professional Bodies\Institute of Actuaries\Seminars-Conferences\Life Convention 2004\ASC-pre-Can traditional face-to-face selling survive & prosper.ppt CAN TRADITIONAL FACE-TO-FACE SELLING SURVIVE AND PROSPER IN THE NEW ... read more >>
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Market-consistent embedded values - a practitioner's guide (handout)
1 S:\06 Professional Bodies\Institute of Actuaries\Seminars-Conferences\Life Convention 2004\SCT-MCEVs-A practitioner's guide-final.ppt © 2004 Towers Perrin abcd 2004 Life Convention 7-9 November EICC Edinburgh Scotland Market-Consistent Embedded Values ... read more >>
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The role of the reviewing actuary (handout)
1 ©2004 Deloitte & Touche LLPLife Away Days 200412004 Life Convention – Concurrent Session D11 The Role of the Reviewing Actuary Institute of Actuaries Life Convention 2004 ©2004 Deloitte & Touche LLPLife Away Days 20042004 Life Convention – ... read more >>
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European regulatory developments - driving further change (handout)
1 European Regulatory Developments Driving Further Change Jim Murphy Gerard Davis Life Convention 2004, EICC Edinburgh Monday, 8th November 2004 ... read more >>
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A beginner's guide to the implementation of realistic balance sheet reporting (handout)
1 abcd E12: A Beginner’s Guide to the Implementation of Realistic Balance Sheet reporting Hitesh Shah – Canada Life Philip Simpson - Milliman 2004 Life Convention Choice of Market Consistent Asset Models Level of Models How complicated should ... read more >>
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Morris Review and other challenges (Slides)
GIRO Conference 2004 Morris Review and Other Challenges Michael Pomery 15 October 2004 Morris Review : Key Issues Actuarial roles, reserved roles Public interest, accountability Market for actuarial services Self regulation, governance Morris Review : ... read more >>
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Franchise performance directorate - an overview [slides]
1 1 Rob Humphreys Franchise Performance Directorate 14th October 2004 “FPD – an overview” GIRO Workshop 2 Agenda ? Franchise concept ? Role of FPD ? Business planning ? Reinsurance ? Claims ? Run-off ? Summary 3 Franchise Vision & Goal “To ... read more >>
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Lloyd's realistic disaster scenarios (Slides)
Lloyd’s Realistic Disaster Scenarios 14th October 2004 Background to Lloyd’s In existence since 1688 World's leading insurance market 66 syndicates Over 160 brokers Capacity of approximately £15.0 billion Profile of the Lloyd’s Market A Profile of ... read more >>
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CAS Update. Where we've been, where we are, and where we're going (Slides)
31st Annual GIRO Convention 12-15 October 2004 Hotel Europe Killarney, Ireland CAS Update Where We’ve Been, Where We Are, and Where We’re Going October 14, 2004 Agenda Two Important Task Forces Task Force on ACAS Vote Task Force on Classes of ... read more >>
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Solvency II - The potential impact ... and how actuaries can contribute to the new European regulation (Slides)
Solvency II – The Potential Impact … and how actuaries can contribute to the new European regulation Annette Olesen 14 October 2004 Content of this presentation ? Solvency II overview ? Solvency II development and consultation ? CEIOPS request ? ... read more >>
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Individual large claims reserving (Slides)
GIRO 2004, Killarney Individual Large Claims Reserving 13 October 2004 Overview Current methods of “netting down” gross results Current methods of analysing variability of reserves A new method Examples Development uncertainty Overview Netting ... read more >>
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The Bermudian (Re)Insurance Market: beach or business? [slides]
The Bermudian (Re)Insurance Market Beach or Business? Anup Seth 13 October 2004 Agenda Market Overview 2003 Market Results Products Distribution Regulation Historical Performance v London Market ... read more >>