Document library
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- Author:
- IFoA
Volunteer Experience - Emily Penn
This document is a view from a volunteer. www.actuaries.org.uk A view from a volunteer: Emily Penn ?2013 Institute and Faculty of Actuaries “It has been a new initiative to appoint a Deputy Chair and one that has been beneficial for both the ... read more >>
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- Author:
- IFoA
Volunteer Experience - Geoff Rashbrooke
This document is a view from a volunteer. www.actuaries.org.uk A view from a volunteer: Geo Rashbrooke ?2013 Institute and Faculty of Actuaries “Participation represented an opportunity for me to pass on my skills and experience and for others to ... read more >>
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- Author:
- IFoA
Task and Person Specification - IFoA Representative on Groupe Consultatif Insurance Committee
This document sets out the Task and Person Specification for an IFoA representative on the Groupe Consultatif Insurance Committee. The Institute and Faculty of Actuaries “Groupe Consultatif Insurance Committee” – representing the IFoA Terms of ... read more >>
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- Author:
- Marion Young
Council agenda pack: 31 July 2013
INSTITUTE AND FACULTY OF ACTUARIES Meeting of Council on Wednesday 31 July 2013 from 09.30 to 16.30 at Staple Inn Hall, High Holborn, London, WC1V 7QJ Attendance: David Hare, President and Chairman Deborah Cooper Patrick Lee Alan ... read more >>
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- Author:
- Disciplinary Board, the Institute and Faculty of Actuaries
Disciplinary Board Minutes of Meeting 21 May 2013
Minutes of a Disciplinary Board meeting held 21 May 2013 Page 1 of 4 The Institute and Faculty of Actuaries MINUTES for a meeting of the Disciplinary Board held on Tuesday 21 May 2013 at Staple Inn, London starting at 10.30 am ... read more >>
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- Author:
- Standards Review Committee
Professional Standards Directory Update 30
Professional Standards Directory Update 30 26 September 2013 PROFESSIONAL STANDARDS DIRECTORY - Update 30 (Actuaries’ Code) The Professional Standards Directory can be found here. It is designed to permit members and others to access ... read more >>
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- Author:
- International Actuarial Association
Note on enterprise risk management (ERM) for capital and solvency purposes in the insurance industry
This Note has been developed by the IAA for insurers to support the Standards and Guidance materials developed by the International Association of Insurance Supervisors (IAIS) for supervisors. It draws on industry experience, supervisors’ supervisory ... read more >>
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- Author:
- Marion Young
Council agenda: 7 October 2013
INSTITUTE AND FACULTY OF ACTUARIES Meeting of Council on Monday 7 October 2013 from 09.30 to 16.30 at the Edinburgh International Conference Centre (EICC) The Exchange, 150 Morrison Street, Edinburgh EH3 8EE Attendance: David Hare, ... read more >>
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- Author:
- Professional Regulation Executive Committee
Professional Regulation Executive Committee (2012). Conflicts of Interest: A Note for Pension Scheme Trustees. Edinburgh: Institute and Faculty of Actuaries version 1.1
This Note for Pension Scheme Trustees is designed to assist actuaries in explaining to trustee boards the professional obligations which fall on them. Additionally, it is to assist trustee boards in exploring with their actuary the kinds of conflicts ... read more >>
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- Author:
- Marion Young
Council agenda: 31 July 2013
INSTITUTE AND FACULTY OF ACTUARIES Meeting of Council on Wednesday 31 July 2013 from 09.30 to 16.30 at Staple Inn Hall, High Holborn, London, WC1V 7QJ Attendance: David Hare, President and Chairman Deborah Cooper Patrick Lee Alan ... read more >>
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- Author:
- Professional Regulation Executive Committee
Professional Regulation Executive Committee (2012). Conflicts of Interest: A Guide for Actuaries. Edinburgh: Institute and Faculty of Actuaries version 1.1
This Guide for Actuaries is designed to assist actuaries in all practice areas to think about, identify and manage conflicts of interest which they may face in their working lives. This version is version 1.1 which was in November 2012 and is ... read more >>
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- Author:
- Institute and Faculty of Actuaries
GIRO Committee 2014 - Task and Person Specification
This document sets out the task and person specification for a volunteer member of this committee. Committee Member – GIRO Committee 2014 The Institute and Faculty of Actuaries (IFoA) is seeking proactive, innovative volunteers to join the Committee ... read more >>
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- Author:
- Anthony Coughlan and Vasu Patel
Accounting Developments For Insurers – September 2013
September 2013 Page 1 of 6 Accounting Developments For Insurers – September 2013 Prepared by: Anthony Coughlan, Nick Dexter and Vasu Patel During summer 2013, significant proposals on the future accounting for insurers were released by the ... read more >>
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- Author:
- Alastair Clarkson
Note from the Chair of the Life Board - September 2013
Note from Alistair Clarkson, Chair of the Life Board:- We held our first Life Board meeting of the new session on 12 September, where we discussed our priorities for the session. One key area is to ensure that we become a key body that both the ... read more >>
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- Author:
- Institute and Faculty of Actuaries
Task and Person Specification for the Editor - The Longevity Bulletin
This document sets out a description of what is involved and the key skills required to take on this role for the IFoA. The Institute and Faculty of Actuaries Editor – The Longevity Bulletin We are seeking to appoint a proactive, innovative ... read more >>
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- Author:
- Ji Yeo
- Source:
- GIRO40
A Report from GIRO Advanced Pricing Techniques (APT) Working Party
This paper examines in details six overlooked facts of using generalized linear models (GLMs) for non-life pricing and discusses whether the use of GLMs is still fit for purpose in a competitive market. The six facts of GLMs discussed are 1. Either zero or ... read more >>
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- Author:
- Marion Gremillet, Pierre Miehé and José Luis Vilar Zanón
- Source:
- GIRO40
Reversible Jump Markov Chain Monte Carlo method
Calculating deterministic reserves is no longer sufficient in our times of enhanced Risk Management. Today, Insurers strive to have a complete view of the risk underlying reserves valuation: therefore stochastic projection methods become central to today’s ... read more >>
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- Author:
- Joseph Lo and Corina Constantinescu
- Source:
- GIRO40
Ruin Theory Starter Kit #1
The aim of the paper is to provide general insurance actuaries a starting point for evaluating and engaging with ruin theory in a practical manner. Towards this goal, the paper undertakes three tasks. First, it sets out the basic mathematical principles ... read more >>
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- Author:
- Solvency II Technical Provisions Working Party
- Source:
- GIRO40
Solvency II Technical Provisions for General Insurers
Solvency II Technical Provisions for General Insurers by the Institute & Faculty of Actuaries General Insurance Reserving Oversight Committee’s Working Party on Solvency II Technical Provisions: Susan Dreksler (Chair), Christopher Allen, ... read more >>
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- Author:
- Sue Cross
Competition Commission's review of the Private Healthcare market
Latest on the Competition Commission’s review of the Private Healthcare market. Following a period of information gathering and analysis, including formal hearings with a large number of parties, the Competition Commission (CC) has recently ... read more >>