Document library
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- Author:
- McCutcheon, J J
- Source:
- Transactions of the Faculty of Actuaries [TFA] (1987-1989) 41: 64-73
The construction of the Scottish Life Tables (1980-1982)
The preliminary data relating to the proposed Scottish Life Tables (1980-1982) were made available to the author by courtesy of the Government Actuary. In this paper we describe briefly experiments in graduating the underlying crude mortality rates by ... read more >>
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- Source:
- Transactions of the Faculty of Actuaries [TFA] (1987-1989) 41: 554-555
Notes on the Journal of the Institute of Actuaries, vol. 115
554 NOTES ON THE JOURNAL OF THE INSTITUTE OF ACTUARIES VOL. 115, PART I, No. 459 (1988) D. O. Forfar, J. J. McCutcheon and A. D. Wilkie. On Graduation by Mathematical Formula. (pp. 1-149). VOL. 115, PART II, No. 460 (1988) Presentation of an ... read more >>
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- Transactions of the Faculty of Actuaries [TFA] (1987-1989) 41: 91-94
Actuarial mathematics, by N. L. Bowers, H. U. Gerber, J. C. Hickman, D. A. Jones and C. J. Nesbitt (Review)
91 ACTUARIAL MATHEMATICS BY BOWERS, HICKMAN, GERBER, JONES AND NESBITT [Published in 1986 by The Society of Actuaries] This is a textbook which has been written for The Society of Actuaries in the U.S.A. Parts of the text have been in circulation ... read more >>
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- Author:
- Brumwell, J C H
- Source:
- Transactions of the Faculty of Actuaries [TFA] (1987-1989) 41: 542-553
Notes on the Financial Times-Actuaries Equity Share Indices in 1988
542 NOTES ON THE FINANCIAL TIMES— ACTUARIES EQUITY SHARE INDICES IN 1988 BY J. C. H. BRUMWELL, M.A., F.I.A. 1. CLASSIFICATION OF STOCK EXCHANGE SECURITIES BY INDUSTRY The original classifications were set out in the 1970 note in this series ... read more >>
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- Author:
- Scadden, R W
- Source:
- Journal of the Institute of Actuaries [JIA] (1989) 116: 754
The British insurance industry - A statistical review (1988/89 edition), by Robert L. Carter and Stephen R. Diacon (Review)
REVIEW The British Insurance Industry-A Statistical Review (1988/89 Edition). BY R. L. CARTER and S. R. DIACON. [Klewer Publishing Limited]. The 1988/89 edition of this compilation of insurance industry statistics was taken from the database of ... read more >>
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- Source:
- Transactions of the Faculty of Actuaries [TFA] (1987-1989) 41: 87-88
Notes on the Journal of the Institute of Actuaries, vol. 114
87 NOTES ON THE JOURNAL OF THE INSTITUTE OF ACTUARIES VOL. 114, PART I, No. 456 (1987) M. H. Field. Presidential Address. Risk and Expectation. (pp.1-14). Presentation of an Institute Finlaison Medal to Professor Alasdair David Wilkie. (pp. 15-20). ... read more >>
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- Author:
- Greenwood, P. M.; Reynolds, M.
- Source:
- Institute of Actuaries Students' Society (1989)
SSAP 24 - Eighteen months on
Presented to the Staple Inn Actuarial Society on 14th November 1989 SSAP 24 - EIGHTEEN MONTHS ON by P. M. Greenwood BSc, FIA and M. Reynolds BSc, PhD, FIA, ASA CONTENTS 1. Introduction 2. Costing methods 3. Actuarial assumptions 4. Interest ... read more >>
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- Author:
- Woods, I. W.
- Source:
- Institute of Actuaries Students' Society (1989)
The actuary's role in determining pension fund investment strategy
Presented to the Staple Inn Actuarial Society on 11th April 1989 THE ACTUARY'S ROLE IN DETERMINING PENSION FUND INVESTMENT STRATEGY by I. W. Woods FFA 1. INTRODUCTION 1.1 Increasingly pension funds in the U.K. are considering the adoption of an ... read more >>
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- Author:
- Purchase, D E; Fine, A E M; Headdon, C P; Hewitson, T W; Johnson, C M; Lumsden, I C; Maple, M H; O'Keeffe, P J L; Pook, P J; Robinson, D G
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- Transactions of the Faculty of Actuaries [TFA] (1990-1991) 42: 15-125
Reflections on resilience: some considerations of mismatching tests, with particular reference to non-linked long-term insurance business
This paper considers the valuation for solvency purposes of traditional long-term insurance business. It concentrates on without-profits business, and discusses the reserves that are required to protect against the contingency of sudden adverse changes in ... read more >>
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- Author:
- Arthur, T G; Randall, P A
- Source:
- Journal of the Institute of Actuaries [JIA] (1990) 117: 1-49
Actuaries, pension funds and investment
The authors discuss the investment of pension and other institutional funds, stressing a theme of investing to meet liabilities. Their aim is to stimulate debate by actuaries and the investment community, leading to the development of sounder and more ... read more >>
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- Author:
- William Abbott
- Source:
- General Insurance Convention 1989
Guidance Note GN12: General insurance business: actuarial reports
This Guidance Note was issued in August 1987 with a requirement for it to be reviewed at the end of 12 months in the light of the experience of members using it. Specific submissions on GN12 have been received from the London Market Group, the Faculty of ... read more >>
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- Author:
- Frankland, R.
- Source:
- Institute of Actuaries Students' Society (1989)
The participating proprietary life office
Presented to the Staple Inn Actuarial Society on 10th October 1989 THE PARTICIPATING PROPRIETARY LIFE OFFICE by Ralph Frankland MA, FIA 1. INTRODUCTION "What shall I tell you first, what shall I leave for last?" 1.1 The Aims of the Paper The invitation ... read more >>
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- Author:
- J W Dean; Michael R Moliver; C Townsend; Michael H Tripp
- Source:
- General Insurance Convention 1989
DTI Returns Working Party
At the GISG Conference in 1988, two working parties were established in the light of G. Hunt's initiative - one to consider the possible formats / content of actuarial reports in the context of statutory supervision of general insurance companies in the UK ... read more >>
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- Author:
- Peter H Hinton (Chairman)
- Source:
- General Insurance Convention 1989
Report of the Working Party on Claims Run-off Patterns
Following the GISG Convention in Torquay in October 1987 this working party (the CWP) was set up to examine claim run-off patterns. This followed a suggestion in a paper on the discounting of general business claims reserves. It suggested that standard ... read more >>
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- Author:
- Colin Czapiewski; Andrew English; Peter Green; David Sanders; Peter Smith; David Tomlinson; Martin White
- Source:
- General Insurance Convention 1989
Risk exposure in the London Market
This paper examines exposure to insurance claims within the London Market and Lloyd's environment. A comparison is first made with direct non-life insurance then the more specific problems of the London Market are emphasized and possible solutions ... read more >>
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- Author:
- Bob J J Alting von Geusau
- Source:
- General Insurance Convention 1989
The application of additive and multiplicative general linear interactive models (GLIM) in health insurance
This paper provides a description of an example of a model which originally uses the multiplicative specifications but which is generalised easily to the use of additive factors.Only the basic technique is given, which means that some major points are ... read more >>
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- Author:
- Kenneth P W Larner (Chairman)
- Source:
- General Insurance Convention 1989
Actuarial reporting in general insurance
Actuarial reporting in general insurance is a topic that the Convention has considered on several occasions in the past, although 1988/9 was perceived, quite rightly, to be a period of heightened activity and debate. In a letter dated 20 July 1988, ... read more >>
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- Author:
- Nicholas Michaelides (Chairman); Nigel D Hooker; Pierre Laurin; John Lockyer; George P M Maher; David I Tomlinson
- Source:
- General Insurance Convention 1989
Report of the Liability Insurance Working Party
This is the first paper to be produced by the General Insurance Study Group on the subject of liability insurance. This is such a potentially broad subject that we need to constrain our ambitions in order to produce a useful paper. The aim of the group is ... read more >>
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- Author:
- Blake, D
- Source:
- Journal of the Institute of Actuaries [JIA] (1989) 116: 537-558
Option pricing models
This paper discusses two important models of option pricing: the binomial model and the Black-Scholes model. It begins with a brief description of options. OPTION PRICING MODELS BY D. BLAKE, PH.D. (of the City University Business School, London) ... read more >>
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- Author:
- Daykin, C D; Hey, G B
- Source:
- Journal of the Institute of Actuaries [JIA] (1989) 116: 639-662
Modelling the operations of a general insurance company by simulation
MODELLING THE OPERATIONS OF A GENERAL INSURANCE COMPANY BY SIMULATION BY C. D . DAYKIN, M.A., F.I.A., F.S.S. AND G. B. H E Y , M.A., F.I.A. [Presented a t the Seminar, ‘Applications o f Mathematics in Insurance, Finance and Actuarial ... read more >>