Market statistics

Document description

Following the meeting at Norwich the Working Party on Market Statistics considered that the most valuable contribution they could make was to bring together information on the availability and quality, of statistics in the main insurance markets around the world. Attached is a short note on the UK position, summarising the situation which will be fairly well known to UK actuaries. A comprehensive note on the USA, plus notes on other major territories, are also attached. As might be expected, the collection, collation and availability of figures in the USA is a long way ahead of most other territories in quality but they meet with the same problems as other parts of the world in producing actuarially reliable data.