Document library
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- Author:
- Life Board
GN8: Additional guidance on the valuation of long-term insurance business. Version 7.1 [adopted by BAS on 19 May 2006]
This life insurance Guidance Note has been adopted by the Board for Actuarial Standards. The latest version is available on the <a href="http://www.frc.org.uk/bas/actuarial/index.cfm" target="external">BAS website</a>. MAP/GN8 V7.1 B8.1 ... read more >>
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- Author:
- Life Board
GN42: The reviewing actuary. Version 1.0 [adopted by BAS on 19 May 2006]
This life insurance Guidance Note has been adopted by the Board for Actuarial Standards. MAP/GN42 V1.0 B42.1 GN42: The Reviewing Actuary Classification Practice Standard MEMBERS ARE REMINDED THAT THEY MUST ALWAYS COMPLY WITH THE PROFESSIONAL ... read more >>
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- Author:
- Life Board
GN43: The role of the appropriate actuary. Version 1.0 [adopted by BAS on 19 May 2006]
This life insurance Guidance Note has been adopted by the Board for Actuarial Standards. The latest version is available on the <a href\="http://www.frc.org.uk/bas/actuarial/index.cfm" target\="external">BAS website</a>. MAP/GN43 V1.0 B43.1 ... read more >>
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- Author:
- Life Board
GN40: The role of the actuarial function holder. Version 1.1
This life insurance Guidance Note has been adopted by the Board for Actuarial Standards. The latest version is available on the <a href\="http://www.frc.org.uk/bas/actuarial/index.cfm" target\="external">BAS website</a>. MAP/GN40 V1.1 B40.1 ... read more >>
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- Author:
- Life Board
GN44: Mathematical reserves and resilience capital requirement. Version 1.1
This life insurance Guidance Note has been adopted by the Board for Actuarial Standards. The latest version is available on the <a href\="http://www.frc.org.uk/bas/actuarial/index.cfm" target\="external">BAS website</a>. MAP/GN44 V1.1 B44.1 ... read more >>
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- Author:
- Life Board
GN37: The Financial Services and Markets Act 2000 (Communications by Actuaries) Regulations 2003. Version 1.1 [superseded]
This life insurance Guidance Note has been retained by the Actuarial Profession. MAP/GN37 V1.1 B37.1 GN37: The Financial Services and Markets Act 2000 (Communications by Actuaries) Regulations 2003 Classification Recommended Practice MEMBERS ... read more >>
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- Author:
- Life Board
GN41: The role of the with-profits actuary. Version 1.1
This life insurance Guidance Note has been adopted by the Board for Actuarial Standards. The latest version is available on the <a href\="http://www.frc.org.uk/bas/actuarial/index.cfm" target\="external">BAS website</a>. MAP/GN41 V1.1 B41.1 ... read more >>
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- Author:
- Life Board
GN39: General responsibilities of and relationships between actuarial function holders, with-profits actuaries, appropriate actuaries, and reviewing actuaries of UK life insurance firms and friendly societies. Version 1.1
This life insurance Guidance Note has been adopted by the Board for Actuarial Standards. MAP/GN39 V1.1 B39.1 GN39: General Responsibilities of and Relationships between Actuarial Function Holders, With-Profits Actuaries, Appropriate Actuaries, and ... read more >>
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- Author:
- Dave Grimshaw
- Source:
- Current Issues in Critical Illness seminar, 2 December 2004
The role of the Continuous Mortality Investigation Bureau (the 'CMI')
1 Mortality Projections Current Issues in Life Assurance seminar 23 / 31 May 2007 Dave Grimshaw Secretary, CMI Mortality Projections ? Background ? Recent CMI research ? The “library” of projections ? Recent CMI experience ? Mortality improvements ... read more >>
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- Author:
- Richard Walsh
- Source:
- Current Issues in Critical Illness seminar, 2 December 2004
Current issues in critical illness
CURRENT ISSUES IN CRITICAL ILLNESS ? Richard Walsh ? Head of Health ? Association of British Insurers ? Institiute of Actuaries Seminar ? 2 December 2004 WHAT I WILL COVER ? History – 1998 and before ? OFT market survey ? OFT report ? ABI ... read more >>
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- Author:
- A D Wilkie, M P Owen, H R Waters
- Source:
- Sessional meeting paper
Notes on options, hedging, prudential reserves and fair values
This paper presents many investigations into the results of simulating the process of hedging a vanilla option at discrete times. It considers mainly a 'maxi' option (paying Max(A,B)), though calls, puts and 'minis' are also considered. It show the ... read more >>
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- Author:
- Pensions Board\; Wendy Beaver\;
GN48: Compliance review: pensions. Version 1.0. Covering letter
Covering letter to GN48 which comes into effect on 31 December 2004. GN48 is being introduced to ensure that advice given by Scheme Actuaries under Practice Standard Guidance Notes is subject to a process of review. Faculty of Actuaries Maclaurin House ... read more >>
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- Author:
- Pensions Board
GN48: Compliance review: pensions. Version 1.0. Track changes version
This version of GN48 shows the track changes between EXD52 and Version 1.0. It is not part of the Manual of Actuarial Practice. THIS IS A TRACK CHANGES DOCUMENT AND NOT PART OF THE MANUAL OF ACTUARIAL PRACTICE Formatted: Font: 8 pt GN48: Compliance ... read more >>
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- Author:
- Herbert Smith
GN48: Compliance review: pensions. Legal advice
Advice on the legal position of the Scheme Actuary and the Reviewer in the context of Guidance Note 48 (GN48) which relates to compliance review in the context of advice provided by Scheme Actuaries. ... read more >>
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- Author:
- Roger Edwards
- Source:
- Current Issues in Critical Illness seminar, 2 December 2004
Critical illness product evolution - what needs to change and why
Institute of Actuaries Critical Illness Product Evolution - What needs to change and why? Roger Edwards Products Director Bright Grey What consumer need is critical illness cover meeting? What consumer need is critical illness meeting? Inc om e ... read more >>
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- Author:
- Adrian Pinnington
- Source:
- Current Issues in Critical lIlness seminar, 2 December 2004
Reserving for critical illness guarantees
Reserving For Critical Illness Guarantees Adrian Pinington – December 2004 Outline ? Different reporting bases ? FSA Returns ? How much is enough? ? Investor confidence ? Balance a linear concept? Differing Reporting Bases ? FSA Returns ? IAS ... read more >>
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- Author:
- Nick Kirwan
- Source:
- Current Issues in Critical Illness seminar, 2 December 2004
Critical illness seminar
1 ABI CI Review 2005 Nick Kirwan Background The ABI Statement of Best Practice for CI Published 1999 following OFT Review Clarity, Comparability & Security Model definitions & presentation format Full Review 2002 Cancer + Heart ... read more >>
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- Author:
- Martyn Parker
- Source:
- Current Issues in Critical Illness seminar, 2 December 2004
Well, I wouldn't start from here if I were you ...
1 Periodical payments and the Courts Act 32nd ANNUAL GIRO CONVENTION The Imperial Hotel, Blackpool Agenda The plenary will cover: Periodical payments where are we? Andrew Parker The claims manager s perspective Doug Brown Report from the working ... read more >>
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- Author:
- Neil Robjohns
- Source:
- Current Issues in Critical Illness seminar, 2 December 2004
Trends in critical illness risk costs 2004 (slides)
Trends in Critical Illness Risk Costs Neil Robjohns Head of Pricing, Munich Re UK Life Branch Trends in Critical Illness Risk Costs An update from the CI Trends Research Group ? Historic trends in incidence for the major CIs ? Variations over time, ... read more >>
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- Author:
- Dave Grimshaw, Neil Robjohns
- Source:
- Current Issues in Critical Illness Seminar, 2 December 2004
Critical illness experience trends
Critical Illness Experience Trends Dave Grimshaw Chairman, CMI Critical Illness Committee and Neil Robjohns Chairman, IoA Critical Illness Trends Working Party CMI Critical Illness – “The first quadrennium” Dave Grimshaw Chairman, CMI Critical Illness ... read more >>