Document library
-
- Author:
- A S Fishman\; J J Daldorph\; A K Gupta\; T W Hewitson\; M K Kipling\; D R Linnell\; S R Nuttall
- Source:
- British Actuarial Journal [BAJ] (1998) 4: 145-191
-
GN25: Investments - derivative instruments. Version 2.0
This finance and investment Guidance Note was deleted 18.05.06 MAP/GN25 V2.0 B25.1 GN25: Investments - Derivative Instruments Classification Recommended Practice. Legislation or Authority Financial Services Act 1986 (1986, c.60). Insurance Companies ... read more >>
-
- Author:
- Andrew D Smith
- Source:
- General Insurance Convention 1995
Stochastic asset models
Asset return scenarios are a vital ingredient to any model of an insurance enterprise. The workshop will present and contrast various approaches which have been tried for generating stochastic economic scenarios. We consider models within various classes. ... read more >>
-
- Author:
- Huber, P. P.
- Source:
- Staple Inn Actuarial Society (1995)
A review of Wilkie's stochastic investment model
Presented to the Staple Inn Actuarial Society on 14th March 1995 A REVIEW OF WILKIE'S STOCHASTIC INVESTMENT MODEL by Paul Huber Presented at a joint meeting with the Royal Statistical Society, General Applications Section ABSTRACT This paper reviews the ... read more >>
-
GN25: Investments - derivative instruments. Version 1.0
This finance and investment Guidance Note was deleted 18.05.06 Faculty and Institute of Actuaries Guidance note GN25v1.0. (30.12.1994) GN25: Investments - Derivative Instruments Classification Recommended Practice Legislation or Authority Financial ... read more >>
-
- Author:
- Richard C Wilkinson
- Source:
- General Insurance Convention 1992
Financial reinsurance
Natural catastrophes and prior year claims development have had a profound effect recently on market results within the UK. Alternative solutions have been sought to conventional reinsurance, with "time and distance" policies being the first instance of ... read more >>
-
- Author:
- David I Tomlinson; Colin J W Czapiewski
- Source:
- General Insurance Convention 1992
Taxation, reserving and actuaries
This paper is the product of a difference of opinion between the two authors during the discussion of a paper on Financial Reinsurance at the GISG convention at Llandrindod Wells in October 1991. Further discussion showed that the differences were mainly ... read more >>
-
- Author:
- Mary Hardy
- Source:
- Journal of the Institute of Actuaries [JIA] (1992) 119: 379-381
A handbook of financial mathematics, by Peter C Cartledge (Book review)
J.I.A. 119, II, 379–381 REVIEWS The Biology of Life Span: a Quantitative Approach. By L. A. GAVRILOV and N. S. GAVRILOVA (Harwood Academic Publishers) £62. The authors, a husband and wife team, have produced an interesting and carefully argued book ... read more >>
-
- Author:
- Freeman, M.
- Source:
- Staple Inn Actuarial Society (1991)
Asset shares and surplus management in a participating fund
Presented to the Staple Inn Actuarial Society on 19th February 1991 ASSET SHARES AND SURPLUS MANAGEMENT IN A PARTICIPATING FUND by Michael Freeman MA, FIA ASSET SHARES AND SURPLUS MANAGEMENT IN A PARTICIPATING FUND by Michael Freeman MA ... read more >>
-
- Author:
- Urwin, R. C.
- Source:
- Staple Inn Actuarial Society (1990)
Success in investment management. Identifying tomorrow's successful manager today
Presented to the Staple Inn Actuarial Society on 20th November 1990 SUCCESS IN INVESTMENT MANAGEMENT - IDENTIFYING TOMORROW'S SUCCESSFUL MANAGER TODAY by Roger Urwin MA, MSc, FIA SUCCESS IN INVESTMENT MANAGEMENT - IDENTIFYING TOMORROW'S SUCCESSFUL ... read more >>
-
- Author:
- Urwin, R. C.
- Source:
- Staple Inn Actuarial Society (1990)
Success in investment management. Identifying tomorrow's successful manager today
Presented to the Staple Inn Actuarial Society on 22nd October 1996 QUANTIFYING THE SUCCESS OF A LIFE OFFICE - COST OF CAPITAL AND RETURN ON CAPITAL by Shyam Mehta Glossary Definitions used in this paper are as follows: Appraisal value The present value ... read more >>
-
- Author:
- Lockyer, P. R.
- Source:
- Staple Inn Actuarial Society (1990)
Further applications of stochastic investment models
Presented to the Staple Inn Actuarial Society on 29th March 1994 PENSION FUNDING MODELLING AND STOCHASTIC INVESTMENT RETURNS Presented at a joint meeting with the Royal Statistical Society, General Applications Section by Steven Haberman ABSTRACT The ... read more >>
-
- Author:
- Frost, A. J.
- Source:
- Institute of Actuaries Students' Society (1987)
The expanding universe, or Big Bang revisited
Presented to the Staple Inn Actuarial Society on 17th February 1987 THE EXPANDING UNIVERSE OR BIG BANG REVISITED Chariman: A. J. Frost THE EXPANDING UNIVERSE OR BIG BANG REVISITED A discussion at the Staple Inn Actuarial Society on 17th February 1987. ... read more >>
-
- Author:
- David Wilkie
- Source:
- Journal of the Institute of Actuaries [JIA] (1986) 113: 273-294
The economic basis of interest rates
THE ECONOMIC BASIS OF INTEREST RATES BY A. D. WILKIE, M.A., F.F.A., F.I.A. 1. INTRODUCTION IN a discussion I had with Professor J. J. McCutcheon and Dr W. F. Scott, the authors of the new book on compound interest, An Introduction to the Mathematics ... read more >>
-
- Author:
- Reynolds, D. I. W.
- Source:
- Institute of Actuaries Students' Society (1981)
Some trends in investment markets
Presented to the Institute of Actuaries Students' Society on 31st March 1981 SOME TRENDS IN INVESTMENT MARKETS by D. I. W. Reynolds MA, FIA, FSS 1. INTRODUCTION 1.1 This paper was originally written for discussion at the Manchester Actuarial Society in ... read more >>
-
- Author:
- Andrew Thomson; Susan Cooper; David Craighead; Russell Devitt; Stewart Hartley; Roger Harvey; David Williams
- Source:
- General Insurance Convention 1981
Investment Risks Working Party report
An insurance company must maintain sufficient reserves and provisions to cover the following risks: Technical Risks; Investment Risks and Other Risks. There were three working parties, each one concentrating on one of the above three categorisations. The ... read more >>
-
- Author:
- Spedding, A.
- Source:
- Institute of Actuaries Students' Society (1979)
Some aspects of matching and yield requirements for investment-linked and non-linked life assurance contracts
Presented to the Institute of Actuaries Students' Society on 30th October 1979 SOME ASPECTS OF MATCHING AND YIELD REQUIREMENTS FOR INVESTMENT-LINKED AND NON-LINKED LIFE ASSURANCE CONTRACTS by A. Spedding SYNOPSIS Many types of life assurance require the ... read more >>
-
- Author:
- William Bishop
- Source:
- Journal of the Institute of Actuaries [JIA] (1980) 107: 093-096
UK & European share price behaviour: the evidence, by Paul Richards (Book review)
REVIEWS UK & European Share Price Behaviour: the Evidence, by PAUL H. RICHARDS [Kogan Page, 1979] Modern portfolio theory (as it is known in the United States) made its one actuarial appearance in Professor Moore’s paper “Mathematical Models in ... read more >>
-
- Author:
- Keith Feldman
- Source:
- Journal of the Institute of Actuaries [JIA] (1977) 104: 227-240 Feldman, K S
The gilt-edged market reformulated
THIS GILT-EDGED MARKET REFORMULATED BY K. S. FELDMAN, B.Sc., Ph.D., F.I.A. 1. BACKGROUND 1.1. In this note it is argued that models of the gilt-edged market which are based on yield curves are unnecessarily restrictive and should not be expected to ... read more >>
-
- Author:
- Hossack, I B; Taylor, G C
- Source:
- Journal of the Institute of Actuaries [JIA] (1974) 101: 89-95
A generalization of Makeham's formula for valuation of securities
A GENERALIZATION OF MAKEHAM’S FORMULA FOR VALUATION OF SECURITIES BY I. B. HOSSACK, B.Sc., A.I.A. AND G. C. TAYLOR, B.A., F.I.A. Published on the Centenary of Makeham’s Classic Paper MAKEHAM’S FORMULA ONE of the most powerful devices in the theory ... read more >>