Document library
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Legal pitfalls for actuaries (handouts)
1 LEGAL PITFALLS FOR ACTUARIES 18 SEPTEMBER 2007, LONDON NICK SALTER BARNETT WADDINGHAM Overview ? Views from an expert witness ? Stay within your training ? Don’t give legal advice ? Be careful of conflicts ? Keep good records ? Check work ? ... read more >>
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Note for actuaries who are facing a complaint under the profession's disciplinary schemes. Version 2.0
This note explains how the actuarial profession deals under its disciplinary schemes with a complaint or allegation which suggests professional misconduct. It is, however, only a guide to fairly complex legal procedures and members may wish to consult ... read more >>
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The rating agency view of capital modelling
The Rating Agency View of Capital Modelling Simon Harris Team Managing Director European Insurance September 2007 2 Agenda ? The importance of risk and capitalisation in the rating process ? Moody’s approach to evaluating risk management ... read more >>
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Application for a Designated Professional Body/Authorised Professional Firm licence
[date] [name] [firm name] [address – line 1] [address – line 2] [city] [post code] Dear [name] Application for a DPB/APF* licence I refer to our telephone conversation concerning your potential application for a DPB/APF* licence. ... read more >>
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Ambiguity aversion and insurance
This paper considers financial markets for uncertain cashflow streams when participants are averse to model or parameter uncertainty, or more generally averse to ambiguity. Motivated by the desire to better understand why it is difficult to sell rainfall ... read more >>
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Guidelines on the assignment of complaints for investigation (Version 2.0, effective from 13 September 2007)
These guide the Chairman of the Pool of Investigating Actuaries on criteria for selecting one or more Investigating Actuaries to investigate a complaint under the disciplinary schemes. They have been updated to reflect changes to the disciplinary scheme ... read more >>
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Institute of Actuaries disciplinary scheme (effective from 13 September 2007)
Institute Disciplinary Scheme 2007. This is an updated version of the Institute of Actuaries disciplinary scheme. It has been updated to reflect the new AADB scheme of the FRC for public interest cases concerning actuaries. 1 INSTITUTE OF ACTUARIES ... read more >>
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Compliance Bulletin 18, September 2007
Contents: Fit and proper requirements under the DPB Handbook. Institute of Actuaries DPB Compliance Bulletin No. 18 September 2007 Subjects: Fit & Proper Requirements The attached paper deals with the requirements for being fit and ... read more >>
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Credit crunch: Practical implications for life insurance actuaries
Practical implementation of Liability Driven Investment by The Finance, Investment & Risk Management Board Working Party Presented to the Finance, Investment and Risk Management Conference of the Actuarial Profession, Dublin, June ... read more >>
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Compliance Bulletin 17, September 2007
Contents: Anti-money laundering requirements for DPB firms Institute of Actuaries DPB Compliance Bulletin No. 17 September 2007 Subjects: Money Laundering Introduction Accompanying this Bulletin is a document that firms might find ... read more >>
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Papers presented at the seminar
1 Institute & Faculty of Actuaries Life Office Taxation Course Disclaimer ? The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to ... read more >>
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CMI SAPS mortality investigation pension band analysis: males £0-£2,999
Summary Sheet CMIB Self Administered Pension Schemes Mortality Investigation Pension Band Analysis: £0 - £2,999 Summary Of Contents Sheet Name Exposed to Risk - All Years Actual Deaths - All Years 100A/E - All Years M L PNML00 FY All ... read more >>
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Quantification and reporting of uncertainty for general insurance reserving
This paper has been produced by ROC (the Reserving Oversight Committee, a subcommittee of the General Insurance Board of the Actuarial Profession). The GRIT Report (<i>A change agenda for reserving</i>, presented to the Institute of Actuaries ... read more >>
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Briefing note. Issues to be considered when dealing with structured credit assets (SCAs)
In recent years there has been an explosion in the size of the structured credit asset (SCA) category. While these assets can offer investors the opportunity to achieve a more optimal return-risk balance in their portfolios, they also present new ... read more >>
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Past Presidents of the Institute of Actuaries
Former Institute Presidents with the dates they held office. INSTITUTE OF ACTUARIES PAST PRESIDENTS John FINLAISON (1783-1860) 1848-1860 Charles JELLICOE (1804-1882) 1860-1867 Samuel BROWN (1812-1875) 1867-1870 William Barwick HODGE (1802-1885) ... read more >>
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Professional firms
Under Part XX of the Act (Provision of Financial Services by Members of the Professions) certain individuals, partnerships or corporate entities, known as exempt professional firms, can carry on particular regulated activities (which the Act terms exempt ... read more >>
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Department of Constitutional Affairs. Consultation on the law on damages. Response by the Actuarial Profession.
Response by the Actuarial Profession to the Department of Constitutional Affairs consultation paper CP 9/07 relating to the law on damages. [2007] consultation response August 2007 THE LAW ON DAMAGES Department of Constitutional Affairs: Consultation ... read more >>
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CMI Working paper 28. Progress towards an improved methodology for analysing CMI critical illness experience
CMI Working paper 28. Progress towards an improved methodology for analysing CMI critical illness experience Continuous Mortality Investigation Critical Illness Committee WORKING PAPER 28 Progress towards an improved methodology for analysing ... read more >>
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Lloyd's minimum underwriting standards and price monitoring (handouts)
1 1 LLOYD’S AND LONDON MARKET SEMINAR 27 JULY 2007, LONDON Lloyd’s Minimum Underwriting Standards and Price Monitoring David Indge, Lloyd’s Agenda ? Lloyd’s Minimum Underwriting Standards ? Why standards? ? Background & approach ? The 7 ... read more >>