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Author:
Nick Salter
Source:
Conflicts and other legal pitfalls for actuaries : Seminar, Staple Inn, 18 September 2007

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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Author:
Disciplinary Board

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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Author:
Simon Harris
Source:
London Market Actuaries' Group meeting, 18 September 2007

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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Author:
Institute of Actuaries Designated Professional Body Committee
Source:
Application form

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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Author:
Daniel Clarke
Source:
SA0 submission

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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Author:
Disciplinary Board

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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Author:
Disciplinary Review Working Party

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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Author:
Institute of Actuaries Designated Professional Body Committee

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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Author:
Paul Fulcher
Source:
Open forum on the credit crunch: Practical consequences for actuaries, 10 September 2008

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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Author:
Institute of Actuaries Designated Professional Body Committee

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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Author:
Gavin Coates\; Jeanette Cook\; Gordon Gray\; Steve Jones\; Laura Kochanski\; Paul Turnbull
Source:
Life office taxation seminar, 13 September 2007

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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Author:
Continuous Mortality Investigation

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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Author:
Tony Jones (Chairman); Caroline Barlow; Peter Copeman; Lis Gibson; Neil Hilary; Ian Hilder; Richard Winter
Source:
General Insurance Board; General Insurance Reserving Oversight Committee (GI ROC)

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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Author:
Finance, Investment and Risk Management Board
Source:
Briefing statement.

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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Source:
Sessional Meeting. Recording of discussion
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Author:
Financial Services Authority

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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Author:
Damages working party
Source:
Social policy board files

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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Author:
Continuous Mortality Investigation

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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Author:
David Indge
Source:
Lloyd's and the London Market seminar, 27 July 2007

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 >>