Document library
-
The Insurance Industry steps forward under the flag of Deng Xiao PIng. (Handout)
GIRO Convention The Insurance Industry steps forward under the flag of Deng Xiao Ping China Non-Life Insurance Market David Campbell September 2008 Where it all began Where it all began (again) Non-Life Insurance History In China 1949.10 People‘s ... read more >>
-
GIRO Flood Risks Working Party
GIRO FLOOD RISKS WORKING PARTY Working Party: Alice Barnett, Simon Black, Jill Boulton, Nigel Carpenter, Gauri Dandeker, Caroline Gray, Julian Lowe (Chairman), Richard Matthews, David Sanders, Paul Sayers, Wendy Seago, Richard Stock, Jane ... read more >>
-
Uncertainty in short-term claims development (Handout)
1 GIRO 2008 Gavin Hill Tom Wright Uncertainty in short-term claims development. Short-term uncertainty in claims development result3 ©2008 Deloitte & Touche LLP. All rights reserved. •Background •A theoretical approach •Practical ... read more >>
-
Towards a conceptual framework. Board for Actuarial Standards
1 Towards a conceptual framework Board for Actuarial Standards What is the BAS? • Created following Morris Review • An operating body of the FRC – Agreement between HMT, Profession and FRC – Responsibility for setting technical actuarial standards ... read more >>
-
News from the industry and from the world of general insurance - December 2007
NEWS FROM THE INDUSTRY – DECEMBER 2007 FROM THE WORLD OF GENERAL INSURANCE Asbestos and pollution developments Federal-Mogul Corp., the automobile parts maker and asbestos defendant, is attempting to finalise its Chapter 11 bankruptcy ... read more >>
-
Including count data in claims reserving
A so-called paid run-off triangle is considered and it is assumed that also the numbers of reported claims (in a similar triangular array) are observable. In this paper only these two triangular arrays are used as data for the model we go on to set up. The ... read more >>
-
Stochastic reserving and modelling seminar, 29 and 30 November 2007 at Staple Inn. Final programme
Pensions M&A – Views from the Inside One-Day Seminar Wednesday 17th October 2007 Staple Inn Hall, London UK Programme Chairman: Paul Geeson, Deloitte Registration, Refreshments & Lunch to take place in the Council Chamber. ... read more >>
-
General Insurance Current Issues Newsletter. October 2007
The content of this newsletter is a summary of some of the current issues that might be of interest to UK General Insurance actuaries and that have come to the attention of the Current Issues Committee Page 1 Current Issues Committee Newsletter October ... read more >>
-
New product opportunities and managing the risks
! "! # $ % ! & # ' ... read more >>
-
Matching investment strategies in general insurance - is it worth it? (handout)
Matching Investment Strategies in General Insurance – Is it Worth It? 34TH ANNUAL GIRO CONVENTION CELTIC MANOR RESORT, NEWPORT, WALES Aim of Presentation ? To answer a key question: “ What are the benefit of adopting matching investment strategies ... read more >>
-
Developments in price optimisation (handout)
1 34TH ANNUAL GIRO CONVENTION Stephen Jones – Director, EMB; Analytics Director, Quantium UK Phil Webb – Pricing Manager, AA Insurance Services CELTIC MANOR RESORT, NEWPORT, WALES D02: Developments In Price Optimisation What we discussed in 2006 ? ... read more >>
-
General Insurance Premium Rating Issues Working Party (GRIP) Update (handout)
1 GRIP Update Duncan Anderson GIRO 2007 GRIP 2005 - 2007 ? Born 2005 ? Consultation draft Sep 2006 ? Report 12 January 2007 ? Special GI Board meeting March 2007 ? Sessional paper May 2007 ? Now disbanded ? GI Board & individual members of ... read more >>
-
Estimating IBNR from year of account projections (handout)
1 34TH ANNUAL GIRO CONVENTION CELTIC MANOR RESORT, NEWPORT, WALES Estimating the IBNR from Year of Account Projections Robert Murray and Rob Warren ? Accident year basis v. year of account (“YOA”) reserving ? Lloyd’s annual accounting ? Methods for ... read more >>
-
Education. Surely not more changes? (handout)
?1 Education…… Surely not more changes? The Actuarial Profession making financial sense of the future Education bits and pieces ? New ERM specialist stream (2009) ? New format CA3 (2009) ? New exam date format (2009) ? No more CPFE (2008) ? South ... read more >>
-
Is the insurance industry well served by rating agencies? (handout)
1 34TH ANNUAL GIRO CONVENTION CELTIC MANOR RESORT, NEWPORT, WALES IS THE INSURANCE INDUSTRY WELL SERVED BY RATING AGENCIES? Is the Insurance Industry Well Served by Rating Agencies? Shortcomings of Rating Agencies The Role of Rating ... read more >>
-
Solvency II - European update (handout)
1 Solvency II – European Update Annette Olesen 34TH ANNUAL GIRO CONVENTION CELTIC MANOR RESORT, NEWPORT, WALES 3 October 2007 Solvency II – European Update Solvency II: EU taking global lead in insurance regulation ‘This is an ambitious proposal ... read more >>
-
Catastrophes - recent legal developments and implications (handout)
1 1 Catastrophes – Recent Legal Developments and Implications 34th ANNUAL GIRO CONVENTION Celtic Manor 2 Catastrophes – Recent Legal Developments and Implications Catastrophes – Recent Legal Developments and Implications Introduction ? The ... read more >>
-
Guidance developments for general insurance actuaries in the United States (handout)
1 Guidance Developments for General Insurance Actuaries in the United States Mary Frances Miller 2007 GIRO Agenda • Enhancements to the legal requirements for insurance company statutory reserve opinions • New qualification standard for all ... read more >>
-
Implications of climate change for general insurance (handout)
10/1/2009 1 IMPLICATIONS OF CLIMATE CHANGE FOR GENERAL INSURANCE CELTIC MANOR RESORT, NEWPORT, WALES Trevor Maynard Graham Fulcher If CO2 Levels don’t PETER out How will insurance companies COPE/MANage? The Climate Change Working Party Dr Neil Bruce ... read more >>
-
What does Solvency II mean for UK companies?
1 John Charles - Tillinghast Tony Hartington - QBE Re Wall Street Banks - Reserving Issues Page 2 © Institute of Actuaries. This must not be reproduced without our permission. The contents of this presentation should not be regarded as giving any ... read more >>