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Economic Capital Subgroup of the Society of Actuaries Risk Management Task Force

Specialty guide on economic capital

At its most basic level Economic Capital can defined as sufficient surplus to cover potential losses, at a given risk tolerance level, over a specified time horizon. This is the working we will use throughout this Specialty Guide, adding details as needed ... read more >>

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Author:
Paul Brett; Darshan Singh
Source:
Life Convention 2004

Credit risk and reinsurers (handout)

1 abcd Credit Risk and Reinsurers Paul Brett Darshan Singh Quiz ? How many of these reinsurers were rated AA or above just before 9/11? ? How many of these Reinsurers are now rated AA- or above? Why is it of interest? ? Reinsurance Recoverables ... read more >>

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Author:
Philip Long; John Whitworth
Source:
Life Convention 2004

Risk diversification benefits in insurance (slides)

Risk diversification benefits in Insurance How to recognise them and what to do with them Purpose of this session 1. What is risk diversification? 2. How do I quantify diversification benefits? 3. How do I manage economic capital diversification ... read more >>

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Author:
Kathy Byrne
Source:
Life Convention 2004

The impact of risk perceptions on consumer evaluation of financial products (slides)

Session B02 The impact of risk perceptions on consumer evaluation of financial products Kathy Byrne 8th November 2004 Roadmap What is Risk? Why is this Important? The Research Results Practical Implications Conclusions and Recommendations Why ... read more >>

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Author:
Louise Pryor
Source:
Life Convention 2004

Quantifying operational risk in life insurance companies (handout)

1 Life Convention November 2004 © 2004 Louise Pryor www.louisepryor.com 1 Quantifying operational risk in life insurance companies Louise Pryor © 2004 Louise Pryor www.louisepryor.com Life Convention November 2004 2 Context square4 GIRO working ... read more >>

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Author:
Neil Robjohns; Joanne Wells
Source:
Life Convention 2004

Trends in critical illness risk costs (handout)

1 2004 Life Convention 7-9 November EICC Edinburgh Scotland D09 Trends in Critical Illness Risk Costs Working Party / Research Group Update Neil Robjohns Munich Re (UK Life Branch) Joanne Wells Hannover Life Re (UK) Critical Illness Trends Research ... read more >>

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Author:
Andreas Tsanakas
Source:
General Insurance Convention 2004

Risk Measures: beyond coherence? (Slides)

Risk Measures: Beyond Coherence? Andreas Tsanakas (Lloyd’s) 31st Annual GIRO Convention 12-15 October 2004 Hotel Europe Killarney, Ireland Agenda ?Risk measures: What are they good for? ?Risk measurement and risk aversion ?Coherent (and other) risk ... read more >>