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2013 research from IFoA shows number of whiplash* motor insurance claims continued to increase in 2012

2013 research from IFoA shows number of whiplash* motor insurance claims continued to increase in 2012 90% of all motor insurance third party injury (TPI) claims in England and Wales in 2012 were for *small, whiplash like claims There was a 5% ... read more >>

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Author:
Professionalism Awareness Committee

Professional Skills Training Record - template (June 2013): Institute and Faculty of Actuaries

Professional Skills Training Record 2013-2014 Name: Status: Fellow Associate Student ARN: Date Training Provider details Training Activity Details PST hours Learning outcomes: Learning ... read more >>

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Author:
General Counsel

Professional Skills Training: 4Cs

ACTUARIES’ CODE  Refer to the Actuaries’ Code  Determine which provisions apply to your given situation  For each potential action, determine whether it is in breach of the code or consistent with behaviour required by the Code  Consider ... read more >>

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Author:
Institute and Faculty of Actuaries

CPD Scheme (Continuing Professional Development) 2013/2014

Continuing Professional Development Scheme 2013/2014 Version 1 Effective from 1 July 2013 2 Requirements of the 2013/2014 Continuing Professional Development (CPD) Scheme Note: All words shown in red italics are defined in Appendix A ... read more >>

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Author:
Institute and Faculty of Actuaries

CPD Scheme 2013/2014 Application for exemption

In terms of the CPD Scheme 2013/2014 the Institute and Faculty of Actuaries may grant an exemption from the CPD requirements. CPD SCHEME 2013/2014 APPLICATION FOR EXEMPTION In terms of the CPD Scheme 2013/2014 (“the Scheme”) the Institute and ... read more >>

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Author:
The Institute and Faculty of Actuaries
Source:
Application form

Application form for student membership. All applicants

Application form for student membership of the Institute and Faculty of Actuaries for use by all applicants Application form for student membership of the Institute and Faculty of Actuaries Please complete this form and return it to: Admissions ... read more >>

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Author:
The Institute and Faculty of Actuaries

Solvency II - Health insurance

Please note: This document is based on excerpts from the Core Reading educational material for subject SA1 (Health and Care Insurance). It is therefore intended as a relatively high level introduction to Solvency II, providing "entry level" background ... read more >>

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Author:
The Institute and Faculty of Actuaries

Solvency II - Life Insurance

Please note This document is based on excerpts from the Core Reading educational material for subject SA2 (Life Insurance).  It is therefore intended as a relatively high level introduction to Solvency II, providing "entry level" ... read more >>

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Author:
Andrew Gaches
Source:
Mortality and Longevity seminar 2013

Extreme trend reversal, model risk and other challenges in modelling future

02/07/2013 1 Extreme trend reversal, model risk and other challenges in modelling future improvements Andrew Gaches, Hymans Robertson 02 July 2013 How well have we predicted trends? 86 87 80 81 82 83 84 85 ife ex pe cta nc y f or m an ag e ... read more >>

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Author:
Joseph Lu
Source:
Mortality and Longevity seminar 2013

New insights from the Longevity Science Advisory Panel

6/25/2013 1 Longevity Gap: Gender & Socio- i Ci teconom c rcums ances Joseph Lu Head of Longevity Risk Team 1 July 2013 • Life expectancy: Past and future variations by socio-economic group in Publications 2 Longevity Science Advisory Panel ... read more >>

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Author:
Alex Duncan
Source:
Enhancing your Business with ORSA

Engaging the business through ORSA

25/06/2013 1 Engaging the Business through ORSA Alex Duncan 1 July 2013 Introduction • Own Risk and Solvency Assessment (ORSA) is the most valuable tool available to a CRO • Regulatory requirement in both Basel and Solvency 2 • How can ... read more >>

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Author:
Electoral Reform Services
Source:
IFoA Council Elections 2013

Council election 2013 - Result

The Election Centre, 33 Clarendon Road, London N8 0NW Tel: 020 8365 8909 | Fax: 020 8365 8587 www.electoralreform.co.uk | enquiries@electoralreform.co.uk Electoral Reform Services Limited | Registered No. 2263092 | Registered Office: 33 Clarendon ... read more >>

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Author:
Lisa Pollack, FT Alphaville
Source:
Risk and Investment Conference 2013

A5: A view from FT Alphaville

Timeline 21 June 2013 2 April 5th – Bloomberg informs world of large derivative-trading mammal, aka “London whale”. JPMorgan replies with ‘meh’ 21 June 2013 3 April 13th – Q1 earnings. Whale is a “tempest in a teapot”, says Dimon. Timeline ... read more >>

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Author:
The Institute and Faculty of Actuaries

Exam timetable for the 2014 exams

Details of the exams which will be held on each day during the 2014 exam sittings. June 2013 Exam timetable 2014 Tuesday 22 April – Friday 2 May 2014 Monday 22 September – Friday 3 October 2014 Sept Mon 22 Sept Tues 23 Sept Weds 24 ... read more >>

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Author:
Kevin Armstrong
Source:
Mortality and Longevity seminar 2013

Rising to the challenge of generating longevity stresses

26/06/2013 1 Calibrating longevity stresses A practical life office perspective Kevin Armstrong 27 June 2013 Longevity stresses – the challenge The challenge Complexity of the problem Amount of potential analysis Key Judgements – differing ... read more >>

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Author:
Antony Claughton
Source:
Reserving seminar 2013

A2: Australian Reserving Methods

Australian reserving methods Antony Claughton, Direct Line Group 21 June 2013 Australian Reserving Environment 21 June 2013 2 There are a number of differences to the UK reserving environment: • More longer tailed perils due to statutory ... read more >>

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Author:
Sarah MacDonnell; Anthony Wright
Source:
Reserving seminar 2013

A1: PPOs Working Party Update

PPOs Anthony Wright, The MDU Sarah MacDonnell, Towers Watson 20 June 2013 Contents 1. Hot off the press… latest results 2. Reserving issues 1. IBNR modelling • Propensity • Correlations 2. Assumptions 3. Liability claims 4. ... read more >>

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Author:
The Institute and Faculty of Actuaries
Source:
Syllabus

Subject P0-P6 - UK practice modules. Syllabus for the 2014 exams

Subject P0-P6 - UK practice modules. Syllabus for the 2014 exams Subject P0 Generic UK Practice Half Module Syllabus for the 2014 exams 1 June 2013 Subject P0 – Generic UK Practice Half Module Page 2 © Institute and Faculty of Actuaries ... read more >>

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Author:
The Institute and Faculty of Actuaries
Source:
Syllabus

Subject SA6 - Investment. Syllabus for the 2014 exams

Subject SA6 - Investment. Specialist applications. Syllabus for the 2014 exams Subject SA6 Investment Specialist Applications Syllabus for the 2014 exams 1 June 2013 Subject SA6 – Investment Specialist Applications Page 2 © Institute and ... read more >>

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Author:
The Institute and Faculty of Actuaries
Source:
Syllabus

Subject SA5 - Finance. Syllabus for the 2014 exams

Subject SA5 - Finance. Specialist applications. Syllabus for the 2014 exams Subject SA5 Finance Specialist Applications Syllabus for the 2014 exams 1 June 2013 Subject SA5 – Finance Specialist Applications Page 2 © Institute and Faculty of ... read more >>