Document library
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- Author:
- James Orr, Chairman
- Source:
- General Insurance Convention 2002
Operational Risk Working Party report
The second section of this paper considers the definition of Operational Risk, presenting a possible framework for analysing all risks and discussing a number of publicly available definitions. The third section gives a brief "check list" of identified ... read more >>
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- Author:
- Nick Ross
- Source:
- General Insurance Convention 2002
European weather derivatives
EUROPEAN WEATHER DERIVATIVES This paper concentrates on where the future of the weather derivatives market may lie, where the new applications may be situated and what will be the main drivers of the market size. We realise that some of the ... read more >>
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- Author:
- David Brown, Rudi van Delm, Stephen Hill, James Hillon, Derek Newton, Darren Michaels
- Source:
- General Insurance Convention 2002
Customer Value Measurement Working Party report
Customer Value Measurement ("CVM") is widely used across a number of industries including financial services industries. However even within a single company it finds diverse and sometimes inconsistent applications across or even within individual ... read more >>
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- Author:
- Andrew Smith
- Source:
- General Insurance Convention 2002
Nash's Nobel
Nash’s Nobel Andrew D Smith, UK August 2002 Abstract: We've all been to see A Beautiful Mind, the Oscar winning film about John Nash, starring Russell Crowe. Although Nash won a Nobel for economics, the film focuses on the love story and mental health ... read more >>
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- Author:
- Robert Humphreys
- Source:
- General Insurance Convention 2002
Realistic disaster scenarios for Lloyd's (RDS) [Slides]
RDS Workshop - GIRO 2002 Robert Humphreys Agenda Lloyd’s overview Regulatory RDS Specific RDS Impact of September 11th Possible future approaches Summary Lloyd’s Overview Founded in 1688 2002 capacity: £12.5bn Number of ... read more >>
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- Author:
- Peter England
- Source:
- General Insurance Convention 2002
Stochastic reserving in general insurance [Slides]
Stochastic Reserving in General Insurance Peter England, PhD EMB GIRO 2002 Aims To provide an overview of stochastic reserving models, using England and Verrall (2002, BAJ) as a basis. To demonstrate some of the models in practice, and discuss practical ... read more >>
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- Author:
- Peter England
- Source:
- General Insurance Convention 2002
A beginner's guide to Bayesian modelling [Slides]
A Beginner’s Guide to Bayesian Modelling Peter England, PhD EMB GIRO 2002 Outline An easy one parameter problem A harder one parameter problem Problems with multiple parameters Modelling in WinBUGS Stochastic Claims Reserving Parameter uncertainty in ... read more >>
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- Author:
- Louise Pryor
- Source:
- General Insurance Convention 2002
Managing the operational risks of user-developed software
Managing the operational risks of user-developed software Louise Pryor www.louisepryor.com ¢ ... read more >>
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- Author:
- Bob Conger
- Source:
- General Insurance Convention 2002
Actuaries: Broader? Deeper? or Uncertain?
GIRO Speech – Oct 2002 Bob Conger Actuaries: Deeper? Broader? Or Uncertain? Good morning! Bonjour! It certainly is a pleasure to be here this morning. Last year, my wife Maggie and I truly enjoyed the fellowship, the hospitality, and the exchange of ... read more >>
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- Author:
- John Tiner
- Source:
- General Insurance Convention 2002
Update on the future regulation of insurance [Slides]
Update on the future regulation of insurance John Tiner Managing Director, FSA Agenda Tiner Project FSA approach to regulation Senior management responsibilities New prudential regime What does the FSA want from actuaries? Conclusion Tiner Project FSA’s ... read more >>
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- Author:
- Andrew Smith
- Source:
- General Insurance Convention 2002
Dependent tails
Both investment and insurance markets can show phenomena known as tail dependency. Two lines of business can appear to operate independently most of the time, but in adversity all lines deteriorate together. Even if we can estimate well the loss ratio for ... read more >>
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- Author:
- Institute of Actuaries Designated Professional Body Committee
Compliance Bulletin 3, October 2002
Contents: DPB seminar\; procedures in relation to temporary or permanent cessation of business\; financial promotions\; complaints reporting\; changes to a firm's key management body\; professional indemnity insurance (PII) INSTITUTE OF ACTUARIES Staple ... read more >>
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- Author:
- Tim Giles\; Tim Wilsdon\; T Worboys
- Source:
- Finance and Investment Conference 2003
Performance persistence in UK equity funds - an empirical analysis
Final report Performance persistence in UK equity funds – An empirical analysis Submitted to: Investment Management Association 65 Kingsway London WC2B 6TD Prepared by: T Giles, T Wilsdon & T Worboys Charles River Associates Limited 1 ... read more >>
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- Author:
- Institute of Actuaries Designated Professional Body Committee
Compliance Bulletin 3 - PII note, October 2002
Note for firms in relation to professional indemnity insurance c:\temp\cb3 pii note to firms.docJuly 2002 INSTITUTE OF ACTUARIES DPB COMMITTEE Note for firms in relation to Professional Indemnity Insurance This note has been prepared for those firms that ... read more >>
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- Author:
- John Joseph
- Source:
- Healthcare Conference 2002
Quality of advice in healthcare protection
JOHN JOSEPH LECTURE INTERACTIVE WITH THE AUDIENCE. Training Whose responsibility? Job spec for Trainers? Potential candidates? Monitoring system? Personal Valuation How much are we worth? Why? Perception of Cover IFAs problems? Client’s ... read more >>
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- Author:
- Volker Homola
- Source:
- Healthcare Conference 2002
Long term care insurance in Germany (slides)
1 Long Term Care Insurance in Germany 1 Long Term Care Insurance in Germany Volker Homola September 2002 fg Long Term Care Insurance in Germany 2 Content – Overview – Compulsory LTC Insurance – Insureds – Premiums – Benefits – ... read more >>
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- Author:
- Teresa Fritz
- Source:
- Healthcare Conference 2002
Consumers' Association's views on current insurance healthcare products (slides).
Teresa Fritz Principal Researcher Consumers’ Association / Which? Surviving or Thriving? The 2002 Healthcare Conference New environment for society, consumers and industry Four major financial services related challenges facing UK CA’s blueprint ... read more >>
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- Author:
- Ned Cazalet
- Source:
- Healthcare Conference 2002
The challenge of health (slides)
LIFE IN THE UK Ned Cazalet Cazalet Consulting WHAT WE DO Client Base • Life Offices • Reinsurers • Banks & Building Societies • Investment Banks •M&A/Equity Research/Quants • Fund Managers • Private Equity • Consulting Actuaries & ... read more >>
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- Author:
- Neil Hilary
- Source:
- Healthcare Conference 2002
Gathering the industry's data. PMI?? (slides)
1 GI SPRING SEMINAR Education Strategy 2005 Neil Hilary 21 May 2004 The Actuarial Profession Outline structure Core Technical CT1-CT8 ST1 ST2 ST3 ST4 ST5 ST6 SA6 SA1 SA2 SA5 SA4 SA3 Core Technical CT1 Financial Mathematics (102) CT2 Finance and ... read more >>
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- Author:
- Paul Braillard
- Source:
- Healthcare Conference 2002
Successful ways to write LTC: lessons from Europe (slides)
1 abcd The 2002 Healthcare Conference Successful ways to write LTC Lessons from Europe Paul BRAILLARD SCOR – Life Division – Paris Fear of poor health in old age … � A Problem for Developed Countries � Population ageing � Family structure � Fear of ... read more >>