Document library
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- Author:
- General insurance practice executive committee
General insurance practice executive committee (2010). APS G2: Actuarial reporting for Lloyd's syndicates writing US business. Edinburgh: Institute and Faculty of Actuaries
This AP Standard is for members of the Profession appointed by managing agents to provide actuarial opinions required by the International Insurers Department of the National Association of Insurance Commissioners ... read more >>
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- Author:
- General Insurance Board
GN33: Actuarial reporting for Lloyd's syndicates writing US business. Version 4.0 [adopted by BAS on 19 May 2006]
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 draft v1 ... read more >>
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- Author:
- General Insurance Board
GN50: General insurance principles and practice. Version 1.0 [adopted by BAS on 19 May 2006]
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>. MAPGN50 V1.0 ... read more >>
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- Author:
- General Insurance Board
GN20: Actuarial reporting under the Lloyd's Valuation of Liabilities Rules. Version 7.0 [adopted by BAS on 19 May 2006]
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>. MAPGN20 V7.0 ... read more >>
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- Author:
- Reinsurance Bad Debt Provisions Working Party; Richard Bulmer (Chairman)
- Source:
- Advisory note
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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- Author:
- General Insurance Board
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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- 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:
- 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:
- 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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- Author:
- General Insurance Board
GN 18: Actuarial reporting for UK general insurance companies writing US regulated business. Version 2.0
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/GN18 V2.0 ... read more >>
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- Author:
- General Insurance Board
- Source:
- Advisory note
Advisory note on Lloyd's US opinions
This note has been issued by the General Insurance Board to supplement the Guidance Note on Lloyd's US Opinions (GN33). It supercedes the Advisory Note issued in December 1998. Since GN33 was first issued in December 1997 there have been a number of ... read more >>
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- Author:
- General Insurance Board
- Source:
- Attachment to the Advisory Note with supplements GN33
Lloyd's US Situs Trust Funds: Notes on modified UK basis agreed with the New York Insurance Department (NYID)
This note forms part of the Advisory Note which supplements GN33. It describes the 'modified UK basis' agreed with the New York Insurance Department and includes in the Appendix a diagram explaining the requirements for different opinions. 1 Lloyd’s US ... read more >>
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- Author:
- Andrew Newman (Chairman)
- Source:
- Advisory note
Unallocated loss adjustment expense provisions
Lloyd's syndicates are required to obtain annual Statements of Actuarial Opinion ('SAOs') in respect of their solvency reserves. Provisions for unallocated loss adjustment expenses are included in the reserves covered by certain of these SAOs - namely the ... read more >>
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- Author:
- General Insurance Board
GN20: Actuarial reporting under the Lloyd's Valuation of Liabilities Rules. Version 5.0
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 V5.0 ... read more >>
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GN33: Actuarial reporting for Lloyd's syndicates writing US business. Version 2.0
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 V2.0 ... read more >>
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- Author:
- General Insurance Board
GN 12: General insurance business: actuarial reports. Version 3.0 [adopted by BAS on 19 May 2006]
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/GN12 V3.0 ... read more >>
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GN32: Actuaries and friendly societies: general insurance business. Version 1.1 [Deleted from the Manual of Actuarial Practice on 1 Feb 2006]
This general insurance Guidance Note was deleted 01.02.06 MAP/GN32 V1.1 B32.1 GN32: Actuaries and Friendly Societies : General Insurance Business Classification Practice Standard Legislation or Authority Friendly Societies Act 1992 (1992, c40) (the ... read more >>