Document library
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- Author:
- Dr Aled Jones; Irma Allen; Nick Silver; Catherine Cameron; Candice Howarth and Ben Caldecott
Research report - Resource constraints: sharing a finite world. Implications of Limits to Growth for the Actuarial Profession
Economic growth has received significantly more attention globally over the last few years. While traditional growth has been very visible through the consumption of resources, the resources required to sustain the current level of economic growth may not ... read more >>
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Mortality improvements by socio-economic circumstances, discussion paper
This paper was presented at a sessional research meeting at Staple Inn Hall, London, on 24 September 2012. Mortality improvements by socio-economic circumstances in England (1982 to 2006) A discussion paper BY J.L.C. LU, W. WONG, AND M. BAJEKAL ... read more >>
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- Author:
- N Allan, N Cantle, P Godfrey, Y Yin
A review of the use of complex systems applied to risk appetite and emerging risks in ERM practice
A review of the use of complex systems applied to risk appetite and emerging risks in ERM practice BY N. ALLAN, N. CANTLE, P. GODFREY AND Y. YIN Presented to The Institute and Faculty of Actuaries 28 November 2011 ( London) Using ... read more >>
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- Author:
- P. Kelliher, D Willmot, J Vij and P. Klumpes
- Source:
- Sessional Research Event: A Common Risk Classification System for the Actuarial Profession
Underlying spreadsheet for the discussion paper: a common risk classification system for the actuarial profession
Underlying spreadsheet for the paper that sets out a proposal for a classification system being developed by the risk classification working party that can be used as a common reference point for discussing risk. The paper was discussed in the ... read more >>
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- Author:
- P. Kelliher; D Willmot; J Vij; P. Klumpes
- Source:
- Sessional Research Event
A Common Risk Classification System for the Actuarial Profession
This paper sets out a proposal for a classification system being developed by the risk classification working party that can be used as a common reference point for discussing risk. The paper was discussed in the Sessional Research Meeting on 31 ... read more >>
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- Author:
- The Actuarial Profession
- Source:
- The Actuarial Profession
Actuaries in Risk Management Actuarial Profession Survey 2010/2011
To gain a greater depth of understanding of the needs and opportunities in this quickly changing field, the Actuarial ... read more >>
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- Author:
- IFRS Working Party
- Source:
- Sessional research discussion paper
Insurance accounting: a new era?
Insurance accounting has for many years proved a challenging topic for standard setters, preparers and users, often described as a 'black box'. Will recent developments, in particular the July 2010 Insurance Contracts Exposure Draft, hearald a new ... read more >>
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- Author:
- Resource and Environment Group
- Source:
- Newsletter
Resource and Environment Group Newsletter March 2011
This is the third edition of a regular newsletter produced by the Resource and Environment Group Resource and Environment Group Since our last newsletter (November 2010), REG has set up a managing committee to organise our activities. The members are ... read more >>
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- Author:
- M.H.D. Kemp, C.C. Patel
- Source:
- Sessional research paper
Entity-wide risk management for pension funds
This paper explores the application of ERM-style techniques to pension funds. It uses the term 'entity wide risk management', rather than 'enterprise risk management, because many pension funds do not view themselves as business 'enterprises' as ... read more >>
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- Author:
- C.A. Cowling, R. Frankland, R.T.G. Hails, M.H.D. Kemp, R.L. Loseby, J.B. Orr and A.D. Smith
- Source:
- Sessional research paper
Developing a framework for the use of discount rates in actuarial work
The Management Board of the UK Actuarial Profession is undertaking a thought leadership cross-practice research project on the use of discount rates by UK actuaries. The timing for this research is particularly appropriate as there is a convergence ... read more >>
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- Author:
- J. Maher, J. Corrigan, A. Bentley and W. Diffey
- Source:
- Sessional research discussion paper
An executive's handbook for understanding and risk managing unit linked guarantees.
The focus of this paper is the identification, and more importantly, sustainable management, of risks embedded in guarantees attaching to unit linked savings and retirement contracts (as commonly referred to as GMxBs). In developing customer centric ... read more >>
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- Author:
- Library services
- Source:
- Reading list
Reading list: Risk management, 2011-2012
Reading list of books and papers on risk management catalogued by Institute and Faculty of Actuaries libraries, published 2011-2012. An Enterprise Risk Management reading list (2009-2012) is also available but references on ERM ... read more >>
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- Author:
- Resource and Environment Group
- Source:
- Resource and Environment Group Newsletter, August 2010
Resource and Environment Group Newsletter August 2010
The first newsletter by the resource and environment member interest group, dated August 2010. Resource and Environment Group Newsletter – August 2010 This is the first newsletter of the Resource and Environment Member Interest Group, providing some ... read more >>
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- Author:
- Malcolm Kemp; ERM practice executive committee
- Source:
- Enterprise risk management executive committee
Enterprise risk management practice executive committee strategy and vision 2010-2011
The enterprise risk management practice executive committee has developed a vision to promote ERM among actuaries and to promote actuaries in risk management. Its full vision and strategic objectives for 2010-2011 are set out in the attached ... read more >>
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- Author:
- Ruth Loseby
Research project on discount rates
Details of the initial call for research. Call for proposals for research project on discount rates Background The Management Board of The Actuarial Profession wishes to undertake a thought leadership cross-practice research project on discount ... read more >>
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- Author:
- D. Besar, P. Booth, K.K. Chan, A.K.L. MIlne and J. Pickles
- Source:
- Sessional Paper
Systemic risk in financial services
The recent banking crisis has reminded us of how risks materialising in one part of the financial system can have a widespread impact, affecting other financial markets and institutions and the broader economy. This paper, prepared on behalf of the ... read more >>
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- Author:
- Jim Gustafsson
- Source:
- General Insurance Convention 2008
A mixing severity model incorporating three sources of data for operational risk quantification
To meet the new Solvency II Directive for operational risk capital assessment, an insurance company’s internal model should make use of internal data and relevant external information. One of the unresolved challenges with operational risk quantification ... read more >>
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- Author:
- Allan Kaufman; Jonathan Broughton; Bob Buchanan; Genn Meyers
- Source:
- General Insurance Convention 2007
Cost of capital method of determining risk margins. Dealing with neglected issues: observations from three empirical analyses
1 7 September 2007 Cost of Capital Method of Determining Risk Margins – Dealing with Neglected Issues: Observations from Three Empirical Analyses GIRO, October 2007 By: Allan Kaufman, Jonathan ... read more >>
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- Author:
- John Charles; Ming Roest
- Source:
- General Insurance Convention 2006
Solvency II - Recent developments and implications (Slides)
33rd ANNUAL GIRO CONVENTION Solvency II – Recent Developments and Implications Hilton Vienna Hotel, Am Stadtpark John Charles Ming Roest 2 Agenda ? Solvency II introduction ? Solvency II concepts ? Quantitative Impact Studies ? Impact Assessment ... read more >>
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- Author:
- Chris Lewin
- Source:
- Enterprise Risk Management 2006
RAMP - Analysis and Management for Projects (Handout)
1 RAMP Risk Analysis and Management for Projects By Chris Lewin Agenda How RAMP came about Purpose and scope of RAMP The RAMP process RAMP and financial services RAMP within ERM How actuaries can help RAMP users How RAMP came about Collaboration between ... read more >>