Document library
-
- Author:
- Jason Baker; Daniel Bruce
- Source:
- Life Convention 2006
ICAS. Making the most of your FSA feedback (Handout)
1 ICAS Making the most of your FSA feedback Workshop C05 Jason Baker Daniel Bruce 6 November 2006 Agenda ?Introductions ?Update on ICA progress ?Improving governance and demonstrating Board ownership ?Acting on FSA feedback ?Operational risk ... read more >>
-
- Author:
- Alan Mason; Jonathan Miles
- Source:
- Life Convention 2006
Risk management in insurers. Is ICAS making a difference? (slides)
Risk Management in Insurers Is ICAS making a difference? Alan Mason Jonathan Miles Agenda �Why and how we undertook a review �Main areas of industry progress �The impact of ICAS �Challenges for life insurers What is this? Why and how we undertook ... read more >>
-
- Author:
- Matthew Edwards; Ryan Warren
- Source:
- Life Convention 2006
Improving portfolio analysis. GLMs in life and health insurance (handout)
1 Improving portfolio analyses: GLMs in life and health insurance Life Convention 2006 Ryan Warren Matthew Edwards Watson Wyatt Limited Agenda ? Overview of application areas ? Healthcare claims analysis ? Life portfolio analysis ? Other uses of ... read more >>
-
- Author:
- Rod McKie; Stephen Griffiths
- Source:
- Life Convention 2006
Pension term assurance - the truth behind the hype (Handout)
1 Pension Term Assurance – The truth behind the hype Rod McKie & Stephen Griffiths So what’s the truth behind the hype? ? How did protection providers respond to A day? ? Did innovation or me too products lead the way? ? How did distributors ... read more >>
-
- 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:
- Gareth Collard
- Source:
- Life Convention 2006
Projecting realistic balance sheets (Handout)
1 Projecting Realistic Balance Sheets Workshop C11 Or how to make global warming a certainty? Participation models ? Interdependence of assets & liabilities ? Leads to Monte-Carlo valuation ? Path dependent cash-flows influenced by ? Accounting ... read more >>
-
- Author:
- Matthew Lee; Mike Collins
- Source:
- Life Convention 2006
The impact TCF has had on WP business (handout)
1 The Impact TCF has had on WP Business Matthew Lee – Towers Perrin Tillinghast Mike Collins – Friends Provident An Industry Perspective Matthew Lee – Towers Perrin Tillinghast The Impact TCF has had on WP Business – an industry ... read more >>
-
- Author:
- Niel Daniels
- Source:
- Life Convention 2006
Practical experiences of using CMI models for projecting annuitant mortality (handout)
1 Practical experiences of using CMI models for projecting annuitant mortality Niel Daniels, XL Re Workshop A13 Agenda ? Brief history of mortality projections ? Aims when setting improvement basis ? Choice of model ? Use of the model - hints & ... 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:
- Martin Pike
- Source:
- Life Convention 2006
Management action: myth or reality (handout)
1 Management Actions: Myth or Reality? Institute and Faculty of Actuaries Working Party November 2006 Introduction ? The Management Actions working party was established by the Life Board of the Actuarial Profession ? Broad remit to investigate and ... read more >>
-
- Author:
- Paul Seymour; Nigel Bankhead; Paul Kennedy
- Source:
- Life Convention 2006
Oversight of the Profession by the Financial Reporting Council (FRC) (handout)
1 Oversight of the Profession by the Financial Reporting Council (FRC) Paul Seymour, BAS Chair Nigel Bankhead, BAS Director Paul Kennedy, Head of Actuarial Oversight (POB) Life Convention 6th November 2006 Agenda • The work and structure of the ... 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:
- Peter McDade; Martin Muir
- Source:
- Life Convention 2006
Using derivatives to meet shareholder and policyholder objectives (slides)
1 A03: Using derivatives to meet shareholder and policyholder objectives Peter McDade & Martin Muir 2006 Life Convention Overview ? Motivation for hedging and setting objectives ? Identifying candidate strategies ? Evaluating the impact ? ... 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:
- Hans Wagner; Lindsay Smitherman; Ian Farr
- Source:
- Life Convention 2006
European embedded value - bottoms up! (handout)
1 European Embedded Value – Bottoms Up! Workshop A04 Implementing Market Consistent at AXA Hans Wagner, AXA Lindsay Smitherman, AXA UK Ian Farr, Tillinghast 2 European Embedded Value – Bottoms Up! AXA implemented European Embedded Value on a ... read more >>
-
- Author:
- Nick Dexter; Irwin Medford
- Source:
- Life Convention 2006
Getting the most from a Treasury function (handout)
1 Getting the most from a Treasury Function Nick Dexter & Irwin Medford 6 November 2006 FINANCIAL SERVICES ADVISORY PRACTICE ADVISORY 1© 2006 KPMG LLP, the UK member firm of KPMG International, a Swiss cooperative. All rights reserved. This ... read more >>
-
- Author:
- Andrew Stoker; Rachel Vahey
- Source:
- Life Convention 2006
The impact of A-day and pensions reform on the pensions landscape (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:
- John Hoskin; Matt Saker
- Source:
- Life Convention 2006
Unit pricing in the twentyfirst century (handout)
1 Unit Pricing in the 21st Century 6 November 2006 John Hoskin and Matt Saker Agenda ? Recent developments ? Overview of some of the publications issued on unit pricing since 2000 ? FSA view of Life Office unit pricing February 2005 ? The ABI Guide ... read more >>
-
- Author:
- Alan Goodman
- Source:
- Life Convention 2006
Consumers' understanding of risk (handout)
1 Consumers’ Understanding of Risk Workshop A11 A study into the attitude and behaviour of UK consumers of financial services. Background ? PFPC concluded that financial decision making was often sub- optimal ? Banham Inquiry encouraged Actuarial ... read more >>
-
- Author:
- Brett McWilliam; Kevin O'Regan
- Source:
- Life Convention 2006
Pandemic influenza. A timely example of what a mortality stress scenario might look like (handout)
1 A01: Pandemic Influenza A Timely Example of what a Mortality Stress Scenario Might Look Like Brett McWilliam & Kevin O’Regan, XL Re Ltd ? Pandemic Influenza Primer ? What Is Pandemic Influenza? ? What Would Happen? ? Current Avian Influenza ... read more >>