DTI Returns Working Party

Document description

At the GISG Conference in 1988, two working parties were established in the light of G. Hunt's initiative - one to consider the possible formats / content of actuarial reports in the context of statutory supervision of general insurance companies in the UK and the other to consider the specific content of DTI returns and its relevance to the supervisory process. This brief note sets out some key thoughts on DTI returns; we regard the points made as a progress report and not definitive; we would welcome comment and discussions at Brighton. There are a number of ways that the work could be progressed - for example it could be expanded in an educational way to add to actuarial reading, or it could be merged with the other working party report to form an agreed actuarial view on the subject. In any case more detailed thought on design of specific formats is still needed.