Document library
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Variable capital loads
1 Variable Capital Loads GIRO Convention 23-26 September 2008 Hilton Sorrento Palace Martin Cairns and Richard Skelding Introduction ? The property insurance for CatExposed Inc. is up for renewal ? Your firm is interested in participating on both ... read more >>
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Claims inflation: A research programme supported by the Actuarial Profession
1 33rd ANNUAL GIRO CONVENTION Hilton Vienna Hotel, Am Stadtpark Can one use the same model for pricing, budgetting and reserving ? Jens Perch Nielsen Festina Lente and Royal&SunAlliance Pricing The price is estimated from modern ... read more >>
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Variable capital loads in pricing. Working Party Report
1 Variable Capital Loads in Pricing Working Party Report Martin Cairns (Chair) Franck Allaire Benedict Gilman Alistair Laird Sie Lau Peter Maurer Tom Rivers Satyan Sawhney Richard Skelding Justin Skinner ... read more >>
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Reserving risk: make the invisible visible!
1 Towards the New Model for UK Retail Financial Services Trevor Matthews Chief Executive Standard Life Assurance Limited UK Wrap Seminar Standard Life House, Edinburgh 23 January 2007 Outline ? A short history of the life industry ? Is the present ... read more >>
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The post Solvency II world. What will your risk, finance and actuarial functions look like? (Slides)
Insurance The Post Solvency II World What will your risk, finance and actuarial functions look like? GIRO: 25th September 2008 *connectedthinking Slide 2PricewaterhouseCoopers LLP Agenda Reporting Processes Roles and ... read more >>
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Defence against the dark arts - a practical handbook for reserving actuaries (Handout)
1 Defence Against the Dark Arts - A Practical Handbook for Reserving Actuaries Lis Gibson Thursday 25th September 2008 Introduction ? Purpose • How we use judgement in reserving • Reserving pitfalls surrounding our personal styles ? Scope • ... read more >>
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Trends in strategic restructuring and re-domestication in European insurers including the impact in, and the role of, actuaries. (slides)
1 GIRO Convention 23-26 September 2008 Hilton Sorrento Palace Trends in strategic restructuring and re-domestication in European insurers including the impact on, and role of, actuaries Jane Portas and Noel Garvey Agenda ? Trends in strategic ... read more >>
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UK Asbestos Working Party. (slides)
The 2008 GIRO Convention 23 – 26 September 2008 Hilton Sorrento Palace UK Asbestos Working Party Brian Gravelsons Robert Brooks Andy Whiting Gregory Overton Peter Taylor 25th September 2008 UK Asbestos Working Party II Working Party Members Andy ... read more >>
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Under the shadow of Mt Vesuvius (handout)
1 The role of insurance in a transaction situation Merger and acquisition dynamics Seller Members Trustees Pension Fund Advisors Buyer Advisors TPR Role of Insurance in a Bid/Transaction ? Acquiring – Acquirer understands latest position on backstop ... read more >>
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Demand Modelling Working Party (full report)
JWTT\\\wwp\data\IFS_Data\Internal\KM\NonLife\DemandModellingWorkingParty08\Report\DemandModelling2008_Final.doc Demand modelling working party James Tanser (Chair) John Light Sophia Mealy Owen Morris Special thanks to Julie Fairbank Matthew ... read more >>
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Reserving Oversight Committee (ROC) Working Party paper: Reserving uncertainty
ROC Working Party Reserving Uncertainty Paper for GIRO 2008 Working Party Members: Neil Bruce – Chairman Cathy Chen Gary Dunne Ian Hinder Tim McMurrough Glenn Meyers Andy White Tom Wright Many thanks also to those other ... read more >>
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Subprime ... impacts for capital assessment
A REVIEW OF PAPERS RELEVANT TO NON-LIFE REINSURANCE (WITH A LIABILITY FOCUS) by members of the 2006 GIRO “Reinsurance Matters” Working Party Mark Flower (Chairman); Ian Cook; Craig Divitt; Visesh Gosrani; Andrew Gray; Gillian James; Mark ... read more >>
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Demand Modelling Working Party (slides)
GIRO Convention 23-26 September 2008 Hilton Sorrento Palace Report of the Demand Modelling Working Party Workshop A1 James Tanser, Watson Wyatt Owen Morris, Norwich Union Demand Modelling Working Party James Tanser (Chair) John Light Sophia ... read more >>
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Floods in Europe. From weather conditions to insurance. (Slides)
35th Annual GIRO 35th Annual GIRO ConventionConventio Sorrento, September 24, 2008 Wolfgang Kron lfgang Kron Floods in Europe – From Weather Conditions to Insurance Floods in Europe From Weather Conditions to Insurance Wolfgang Kron Geo ... read more >>
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Introduction to Solvency II. (Slides)
Introduction to Solvency II Tim Edwards Gavin Dunkerley 24th September 2008 Introduction – The primary purpose of this presentation is to explain what Solvency II is and why it is important – We also hope to challenge the way you think about your ... read more >>
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What is the risk-free rate? (Slides)
1 What is the Risk-Free Rate? Andrew D Smith (Working Party Member) AndrewDSmith8@deloitte.co.uk 24 September 2008 GIRO, SORRENTO Why Risk-Free Rates Matter “fair” value Discount at risk free rate Cash flow date Best estimate cash flows Cost of ... read more >>
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Lime Street, Wall Street and Main Street. (Slides)
Lime Street, Wall Street and Main Street Graham Fulcher and the Securitisation Working Party Alex Marcuson and the Sub-Prime Working Party Securitisation Working Party Graham Fulcher Esmee Robinson Mohamed Afify Cormac Bradley JB Crozet David ... read more >>
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Practical market value margins. (Slides)
GIRO 2008: Practical Market Value Margins Rodney Bonnard & Simon Margetts GIRO 2008: Practical Market Value Margins 2 Important Information The information in this pack is intended to provide only a general outline of the subjects covered. It ... read more >>
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A simple model of insurance market dynamics (slides)
GIRO Convention 23-26 September 2008 Hilton Sorrento Palace A simple model of insurance market dynamics Greg Taylor Taylor Fry Consulting Actuaries University of Melbourne University of New South Wales 2 Purpose ? To construct and study a simple but ... read more >>
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Technical (yet practical) reserving tools for a cyclical market. (handout)
1 Technical (yet practical) reserving tools for a cyclical market Kendra Felisky, Tony Goodall & Tom Wright Wednesday 24th September 2008 Agenda • Challenges for reserving actuaries • The underwriting and reserving cycles • Impact of Solvency ... read more >>