Document library
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- Author:
- David Hughes
- Source:
- Lloyd's and the London Market seminar, 27 July 2007
Pricing excess aggregates using increased limits factors, with examples from professional indemnity lines
1 Uncertainty in an Underwriting Environment Pricing, Capital and Reinsurance David Hughes, James Toller and Mary Casebourne Underwriting Reinsurance ClaimsReserving Uncertainty in an Underwriting Environment Underwriting ... read more >>
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- Author:
- Veekash Badal
- Source:
- Lloyds and the London Market seminar, 27 July 2007
Capital and solvency II (handouts)
Capital Setting at Lloyd’s Veekash Badal CIGI - Monday 19 May 2008 Royal College of Physicians, London Agenda ? Overview – Capital Advantages at Lloyd’s ? Member capital ? Central capital ? Conclusion Overview Capital advantages at Lloyd’s ? A ... read more >>
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- Author:
- Veekash Badal
- Source:
- Lloyds and the London Market seminar, 27 July 2007
Capital and solvency II (handouts)
1 LLOYD’S AND LONDON MARKET SEMINAR 27 JULY 2007, LONDON Capital and Solvency II Veekash Badal, Lloyd’s Agenda ? Internal Capital Assessment ? Solvency II ? What does the future hold? Internal Capital Assessment 2 ICAs – Where are we? ? 2008 ... read more >>
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- Author:
- Stephan Westphal
- Source:
- Lloyd's and the London Market seminar, 27 July 2007
Practical experiences in stochastic reserving
PRACTICAL EXPERIENCES IN STOCHASTIC RESERVING 27 JULY 2007, LONDON Stephan Westphal Towers Perrin Tillinghast 2 Structure Stochastic Reserving: The starting point (Introduction) Stochastic Reserving: Opinions, Shortcomings and Solutions Stochastic ... read more >>
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- Author:
- Vincent Branch
- Source:
- Lloyds and the London Market seminar, 27 July 2007
Embedding technical pricing (handouts)
Responses to the soft market Vincent Branch PricewaterhouseCoopers May 2008 Agenda Introduction Key themes to address the soft market Group working Group feedback Summary Key themes to address the soft ... read more >>
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- Author:
- Shamit Biswas\; Markus Gesmann
- Source:
- Lloyd's and the London Market seminar, 27 July 2007
Performance information packs
1 LLOYD’S AND LONDON MARKET SEMINAR 27 JULY 2007, LONDON Performance Information Packs Shamit Biswas, Markus Gesmann Agenda ? Introduction to Market Analysis at Lloyd’s ? Performance Measurement ? Performance Information Report ? The concept behind ... read more >>
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- Author:
- Life Board
EXD73 (GN5): The Prudential Supervision outside the UK of long-term insurance business
In May 2006 when responsibility for the majority of the Actuarial Profession's Gudiance Notes (GNs) was transferred to the Board for Actuarial Standards (BAS) a few of the GNs remained with the Profession for a variety of reasons. GN5, <i>The ... read more >>
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- Author:
- Life Board\; Adrian Eastwood
EXD73 (GN5): The prudential supervision outside the UK of long-term business. Covering letter
Faculty of Actuaries Maclaurin House 18 Dublin Street Edinburgh EH1 3PP Tel: +44 (0)131 240 1300 Fax: +44 (0)131 240 1313 e-mail: faculty@actuaries.org.uk www.actuaries.org.uk Institute of Actuaries Staple Inn Hall High Holborn London WC1V ... read more >>
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- Author:
- James Orr
- Source:
- London Market Actuaries Group meeting, 19 July 2007
A multi-state reserving framework: Poisson arrival profile
Spreadsheet to accompany the presentation Explanation and Warning This spreadsheet is being shared with you to support a presentation on the multi-state reserving framework. No promise is given that it is correct in any way! Calculation Sheet MSMC ... read more >>
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- Author:
- James Orr
- Source:
- London Market Actuaries Group meeting, 19 July 2007
A multi-state reserving framework: Simple Markov Chain Example
Spreadsheet to accompany the presentation Explanation and Warning This spreadsheet is being shared with you to support a presentation on the multi-state reserving framework. No promise is given that it is correct in any way! Simulated Claims ... read more >>
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- Author:
- James Orr
- Source:
- London Market Actuaries Group meeting, 19 July 2007
A multi-state reserving framework
Accompanied by two spreadheets A Multi-State Reserving Framework London Market Actuaries Group Thursday, 19th July 2007 What I’m Going to Talk to You About ? Some assumptions ? Modelling the claims development process ? Looking at a very simple ... read more >>
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- Author:
- Continuous Mortality Investigation
Continuous Mortality Investigation financial statements for the year to 28 February 2007
Continuous Mortality Investigation financial statements for the year to 28 February 2007 1 JOINT ACCOUNT – THE FACULTY OF ACTUARIES AND THE INSTITUTE OF ACTUARIES CONTINUOUS MORTALITY INVESTIGATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 ... read more >>
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- Author:
- Stephan Harrison
- Source:
- Environmental research group
Predicting future climate change: lessons from palaeoclimatology
Sophisticated general circulation models (GCMs) are used to model the climate and are the principal tools used to predict future climate change. The outputs of these models have important policy implications but the uncertainties associated with the ... read more >>
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- Author:
- Continuous Mortality Investigation
CMI Working paper 27. The library of mortality projections and the draft "library" of mortality projections
CMI Working paper 27. The library of mortality projections and the draft "library" of mortality projections 1 Continuous Mortality Investigation Working Paper 27 The “library” of Mortality Projections ... read more >>
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- Author:
- John Jenkins
- Source:
- Part VII transfers seminar, 6 July 2007
The role of the independent expert
1 CILA Accounting issues update 3 May 2006 John Jenkins & Nick Dexter KPMG Topics for today FRS27 IFRS EEV ANW aspects 2005 year end experience FRS27 - NP VIF 4(d) an amount may be recognised for the present value of future profits on ... read more >>
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- Author:
- Continuous Mortality Investigation
The CMI Library of mortality projections (slides)
The CMI “library” of mortality projections Edinburgh 18 July 2007 London 20 & 26 July 2007 Agenda ? Introduction Nick Dumbreck ? Background to the “library” Gordon Sharp ? The draft “library” in detail Dave Grimshaw ? What happens next? ... read more >>
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- Author:
- Enterprise Risk Management (ERM) Working Party; Michael Tripp (Chairman)
- Source:
- General Insurance Convention 2007
Enterprise Risk Management (ERM) Working Party. Overview and summary
GIRO – ERM Working Party Overview and Summary: July 2007 2006/07 Cherry Chan Brian Foley Sejal Haria Paul Hewett Neil Hilary Kathryn Morgan George Orros Geoff Perry Kartina Tahir-Thomson Michael Tripp 2005/06 Brian Foley Sejal Haria ... read more >>
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- Author:
- Disciplinary Board
Annual Report of the Disciplinary Board of the Actuarial Profession for 2006
The Faculty of Actuaries and the Institute of Actuaries deal with complaints about professional misconduct under the terms of their respective disciplinary schemes. Each body's scheme is part of its own Rules and/or Bye-Laws and so there are two separate ... read more >>
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- Author:
- Institute of Actuaries Designated Professional Body Committee
Note on Professional Indemnity Insurance requirements
The Institute of Actuaries requires licensed firms to effect and maintain Professional Indemnity Insurance (PII) in accordnce with Annex 8A of the DPB Handbook. This note outlines the requirements, but reference should be made to Annex 8A of the DPB ... read more >>
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- Author:
- Peter Bowers\; Ian Shepherd
- Source:
- Putting economics into pension funds seminar, 26 June 2007
Advising pension trustees - funding and recovery plans (handouts)
1 PUTTING ECONOMICS INTO PENSION FUNDS 26TH JUNE 2007, LONDON Advising Pension Trustees – Funding and Recovery Plans Peter Bowers & Ian Shepherd Mercer Agenda ? The valuation process ? How much risk? ? Company covenant assessment ? Actuarial ... read more >>