Document library
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- Author:
- Dexter, N; Coughlan, A; Bennett R
- Source:
- Submitted to the Life PEC, 21 March 2012
Accounting Developments - Update Note No 7, March 2012
Authors: Nick Dexter, Anthony Coughlan, Raymond Bennett The seventh of a series of notes covering the deliberations of the IASB on the issue of an isurance standard to replace IFRS 4. This note covers meetings from 31st May/1 June 2011 to end ... read more >>
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- Author:
- Institute and Faculty of Actuaries
- Source:
- Consultation response (2012)
BIS and FRC. Proposals to reform the Financial Reporting Council. Consultation response.
Consultation Response BIS and FRC Proposals to reform the Financial Reporting Council 10 January 2012 About the Institute and Faculty of Actuaries The Institute and Faculty of Actuaries is the chartered professional body for ... read more >>
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- Author:
- Pensions Practice Executive Committee Consultations Group; Martin Lowes (chairman)
- Source:
- Consultation response (2011)
IFRS IASB agenda consultation. Consultation response
The response recommends that it is more important to complete the work on the Conceptual Framework, including deciding as a matter of principle which assets and liabilities should be measured on a mark-to-market basis and to develop in respect of ... read more >>
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- Author:
- Pensions Practice Executive Committee Consultations Group; Martin Lowes (chairman)
- Source:
- Consultation response (2011)
Consultation response: European Financial Reporting Advisory Group: Considering the effects of accounting standards
The Actuarial Profession does not wish to comment in detail on the issues raised in the consultation paper but suggests it is important for accounting standard setters to look at the effect of creating or maintaining differences in accounting treatment ... read more >>
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- Author:
- Derek Cribb
- Source:
- Consultation Response (2011)
Consultation response: Financial Reporting Council: Draft plan and budget levy proposals 2011/12
The Profession is pleased that the four major outcomes will focus on serving the public interest and developing a strong voice, as these closely align with the Profession's own priorities and planned development. The Profession also welcomes the plan's ... read more >>
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- Author:
- James Rakow
- Source:
- General Insurance Convention 2007
Operational time stochastic reserving method (slides)
34TH ANNUAL GIRO CONVENTION CELTIC MANOR RESORT, NEWPORT, WALES Operational Time Stochastic Reserving Method James Rakow CELTIC MANOR RESORT, NEWPORT, WALES The Advert This reserving method was published in 1992 but to date does not appear to be ... read more >>
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- Author:
- David Hughes
- Source:
- General Insurance Convention 2007
Pricing excess aggregate limits for large professional indemnity programmes (handout)
1 Pricing Excess Aggregate Limits for Large Professional Indemnity Programmes GIRO Convention 2007 David Hughes - Beazley What we will do… ? Setting the scene ? Objectives ? Hospital Medical Liability Insurance (HPL) ? Limits and Aggregates ? Top ... read more >>
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- Author:
- Mike Brien; Shreyas Shah
- Source:
- General Insurance Convention 2007
Financial reporting - business implications of IFRS Phase 2 (slides)
1 Financial Reporting – Business Implications of IFRS Phase 2 Mike Brien & Shreyas Shah 3 October 2007 Agenda ?Overview of Phase II ?Discussion of Key Points ? Risk and service margins ? Discounting ? Profit emergence and issues ? Guaranteed ... read more >>
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- Author:
- Ian Moran; Martin White
- Source:
- General Insurance Convention 2007
IASB accounting proposals and actuarial practice (slides)
IASB Accounting Proposals and Actuarial Practice Ian Moran Martin White 34TH ANNUAL GIRO CONVENTION 2 © Actuarial Profession 2007 The Financial Reporting Group The Profession’s Financial Reporting Group • Is a channel for the concerns of members on ... read more >>
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- Author:
- Duncan Anderson
- Source:
- General Insurance Convention 2008
Personal lines pricing (slides)
Personal Lines Pricing Duncan Anderson Aggregators Equality Bill 2007 floods Depletion of reserves Credit Hire Organisations Telematics Effect of fuel prices Effect of recession - fraud Effect of recession - theft Availability of competitor ... read more >>
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- Author:
- Glenn Meyers
- Source:
- General Insurance Convention 2008
Stochastic loss reserving with the collective risk model (handout)
1 Stochastic Loss Reserving with the Collective Risk Model Glenn Meyers ISO Innovative Analytics GIRO Convention 23-26 September 2008 Hilton Sorrento Palace Outline of Presentation ? General Approach to Stochastic Modeling ? Allows for better estimate ... read more >>
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- Author:
- Dimitris Papachristou
- Source:
- General Insurance Convention 2008
Factors affecting the price of catastrophe bonds (slides)
35th ANNUAL GIRO CONVENTION Factors Affecting the Prices of Catastrophe Bonds Dimitris Papachristou BENFIELD Structured Products September 2008 SORRENTO - ITALY Contents ? This presentation is not about how a CAT bond should be priced ? It is ... read more >>
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- Author:
- Henry Johnson
- Source:
- General Insurance Convention 2001
PI and D&O (slides)
PI and D&O Conflicts Why would actuaries be interested? What is PI? What is D&O? Topical issues Market statistics Pricing issues and conclusion PI and D&O: Conflicts Disclaimer People who know about Professional Indemnity and Directors & ... read more >>
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- Author:
- John Ryan
- Source:
- General Insurance Convention 2001
Financial condition reporting - practical aspects (slides)
Wednesday 3 October 2001 John P Ryan Financial Condition Reporting Practical Aspects GIRO / CAS Convention 2001 * Financial Condition Reporting - Practical Aspects The FSA’s view Assessment of individual risk Modelling operational ... read more >>
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- Author:
- Nick Prettejohn
- Source:
- General Insurance Convention 2001
Lloyd's and the London Market (handout)
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 >>
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- Author:
- David Chitty
- Source:
- Pensions Convention 2003
Financial reporting developments (handout)
1 Creating value for clients FINANCIAL REPORTING DEVELOPMENTS Presentation by David Chitty ChantreyVellacottDFK Introduction • FRS 17 Retirement benefits • UK / IFRS Convergence • FRED 31 Share based payments • UITF Abstract 32 Employee ... read more >>
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- Author:
- Tom Gosling
- Source:
- Pensions Convention 2003
Stochastic valuations in reward design (slides)
1 abcd Tom Gosling Stochastic valuations in reward design 2003 Pensions Convention 1 - 3 June Grand Hotel, Brighton INTRODUCTION n Why use stochastic valuations? n How the models work n Examples n Opportunities for actuaries WHY USE STOCHASTIC ... read more >>
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- Author:
- Chris Erwin
- Source:
- Pensions Convention 2003
Investment structures for defined contribution (DC) schemes (handout)
1 abcd Institute & Faculty of Actuaries 2003 Pensions Convention Investment Strategies for DC Schemes Chris Erwin Investment Principal Aon Consulting Ltd Risk Characteristic of DC ? Doesn’t elimate risk, exchanges it ? Should eliminate mismatch ... read more >>
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- Author:
- Paul Bostock
- Source:
- Pensions Convention 2003
The equity premium (handout)
1 abcd 2003 Pensions Convention 1 - 3 June Grand Hotel, Brighton abcd The Equity Premium Paul Bostock GMO 3The Equity Premium Puzzle: A Resolution – February 2003 GMO The equity premium puzzle In the 20th Century equities beat bonds and cash by 6% ... read more >>
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- Author:
- Mike Pomery
- Source:
- Pensions Convention 2003
A workable scheme-specific funding standard
Pensions Convention 2003 Session B01 - A workable scheme-specific funding standard Mike Pomery, Hewitt Bacon & Woodrow SUMMARY Introduction The Minimum Funding Requirement (MFR) came into force in April 1997, and requires private sector defined ... read more >>