Document library
-
- Author:
- Tim Kirk
- Source:
- Life Convention 2006
Collaboration, conflict or confusion. Understanding the responsibilities of providers and distributors for the fair treatment of customers (Handout)
1 Collaboration, Conflict or Confusion Understanding The Responsibilities of Providers and Distributors for the Fair Treatment of Customers 2 Provider and distributor responsibilities ? More stable relationship ? Better outcomes ? ABI, AIFA, FSA ? ... read more >>
-
- Author:
- Paul Mylet; Hugh Francis
- Source:
- Life Convention 2006
IFRS Phase II: Sorting out insurance accounting once and for all (handout)
Date 1 PricewaterhouseCoopers LLP Life Convention 2006 IFRS Phase II: Sorting out Insurance Accounting Once and For All? November 2006 PricewaterhouseCoopers LLP Contents Background Recent IASB discussions and tentative decisions ... read more >>
-
- Author:
- John Jenkins; Clayton Balkind
- Source:
- Life Convention 2006
Good, better, best practice: A look at how actuaries are meeting today's challenges with respect to ICA, EV and Regulatory Reporting (slides)
Good, Better, Best Practice: A look at how actuaries are meeting today’s challenges with respect to ICA, EV and Regulatory Reporting John Jenkins and Clayton Balkind e-Survey: Background Background ? Information on assumptions and results are ... read more >>
-
- Author:
- Richard Budden; Andy Cope
- Source:
- Life Convention 2006
Actuarial systems and controls - the challenge (handout)
1 Actuarial Systems & Controls – The Challenge Richard Budden Andy Cope Workshop B01 Life Convention Glasgow November 2006 The story so far….. ? 2005 ? Visited 6 companies ? Internal FSA report ? 2006 ? Life Insurance Newsletter (February) ? ... read more >>
-
- Author:
- Jon Whitaker
- Source:
- Life Convention 2006
Offshoring operations - a life company perspective (handout)
1 Offshoring Operations – A Life Company Perspective Workshop D07 Jon Whitaker Agenda ? Introduction ? Aviva Context ? A Life Company Journey ? Is It All About Cost ? ? Business Models ? Challenges & Opportunities ? A Personal ... read more >>
-
- Author:
- Jerry Staffurth
- Source:
- Life Convention 2006
Treating life customers fairly (slides)
Life Treating Λ Customers Fairly 2006 Life Convention, Glasgow Life TCF Working Party Background ? FSA and industry statements ? Working party approach ? Implications of TCF for firms Sample Applications ? Reviewable premiums ? Unit linked ... read more >>
-
- Author:
- Dave Howell; Mike Baumstein
- Source:
- Life Convention 2006
-
- Author:
- Torsten Kleinow; Mark Wilder
- Source:
- Life Convention 2006
The effect of management discretion on hedging and fair valuation of participating policies with maturity guarantees (slides)
1 Solvency II Challenges and industry impact Richard Care Jacqueline Fenech Solvency II Agenda: ?What is Solvency II and where is it up to ?Quantitative Impact Study II (QISII) ?Assessment of Impact ?Future Challenges ?Timetable Background: Solvency I ... read more >>
-
- Author:
- David Dullaway
- Source:
- Life Convention 2006
EEV and MCEV standards (handout)
1 EEV and MCEV Standards David Dullaway, Tillinghast 6 November 2006 2 Agenda ? Where are we today? ? What do (or should) we mean by MCEV? ? Are there ‘right’ approaches and assumptions? ? How should we present the results? ? Where next? 3 EEV ... read more >>
-
- Author:
- Jules Constantinou
- Source:
- Life Convention 2006
A whole new world...Or implications for life insurers of CP06/16 on the risk management and pricing of term assurance (handout)
1 “A Whole New World..” Or Implications for Life Insurers of CP06/16 on the Risk Management and Pricing of Term Assurance Discussion points ?CP06/16: what do the changes mean? ?Existing balance sheet ?Survey of reserving bases ?New Business: ... read more >>
-
- Author:
- Nick Dexter; Patrick Kelliher
- Source:
- Life Convention 2006
Operational risk in life insurers (handout)
1 Operational Risk in Life Insurers Nick Dexter, KPMG Patrick Kelliher, Scottish Widows Life Operational Risk Working Party Workshop E02 Operational Risk – similarities with General Insurance ? Multiple perils – from faulty documentation to a ... read more >>
-
- Author:
- Hamish Wilson; Robert Kerr
- Source:
- Life Convention 2006
Practicalities of protection experience analysis (handout)
1 Practicalities of Protection Experience Analysis Hamish Wilson and Robert Kerr Resolution Plc Agenda ? Why? ? Who? ? How? ? Analysing Results ? Assumption Setting ? What next? Purposes of Investigation? ? Setting EV Basis ? Setting Pricing ... read more >>
-
- Author:
- David Gulland; Jerry Staffurth
- Source:
- Life Convention 2006
Re-designing PPI - Opportunities for life insurers (handout)
1 Re-designing PPI - opportunities for Life Insurers 1 Re-Designing PPI – Opportunities for Life Insurers. 7 November 2006 David Gulland & Jerry Staffurth 2 Re-designing PPI - opportunities for Life Insurers Agenda ? What’s the problem? ? What ... read more >>
-
- Author:
- Sara Protheroe; Duncan Hale
- Source:
- Pensions Convention 2006
Pension Protection Fund levies - past, present and future (handout)
1 Pension Protection Fund Levies past, present and future Sara Protheroe, Pension Protection Fund Duncan Hale, D&B Initial Levy 2005/6 c.11,000 schemes billed c.£140m total levy payable Lessons learned Separate scheme based and risk based levy ... read more >>
-
- Author:
- Andrew Young
- Source:
- Pensions Convention 2006
Clearance - are we all clear about it? (handout)
1 Clearance - are we all clear about it? Andrew Young The Pensions Regulator Pension Protection Fund Government Actuary s Department Anti-avoidance Legislation : Objectives Ensure companies stand behind their pension promises Liabilities do not fall ... read more >>
-
- Author:
- Sheila Brown
- Source:
- Pensions Convention 2006
Finance Act 2004: What has changed for the ordinary member (handout)
1 Finance Act 2004: What has changed for the ordinary member Sheila Brown Consultant & Actuary, Aon Consulting Agenda What is an ordinary member ? Overview of Finance Act changes Focus on tax-free cash What are other schemes doing? Member ... read more >>
-
- Author:
- Harvie Brown; Michael Pomery
- Source:
- Pensions Convention 2006
Two "big" topics: Financial Reporting Council, and Strategy Review (handout)
1 Harvie Brown - Faculty President Michael Pomery - Institute President Pensions Convention 2006 St Andrews Bay, Scotland 4 - 6 June 2005 Strategy Review - Michael Pomery Tw o Big Topic s Financial Reporting Council - Harvie ... read more >>
-
- Author:
- Bhargaw Buddhdev
- Source:
- Pensions Convention 2006
Pensions for senior executives: Changes after A day (handout)
1 Aon Consulting Limited is authorised and regulated by the Financial Services Authority PENSIONS for Senior Executives : Changes after A day Bhargaw Buddhdev Principal & Actuary, Aon Consulting Agenda Executives Developing a policy Some ... read more >>
-
- Author:
- David Martin
- Source:
- Pensions Convention 2006
Peer review (handout)
1 Peer Review David Martin Monday 5 June 2006 Peer Review Introduction to GN 48 New Guidance Note (December 2004) Main focus review of advice by 3rd party Recommended Practice 2 years from December 2004 Practice Standard From 1 January 2007 But ... read more >>