General Insurance Convention 2002
Paris, 2002
The following papers were presented at the 2002 GIRO Convention. The papers are in Adobe Acrobat format.
Any queries about the Convention should be addressed to the Conference Department at e-mail: conferences@actuaries.org.uk.
Write up of Convention, by Catherine Barton [pdf]
The copyright in the content of the conference and seminar papers on this site may rest either with the authors or with the profession. Single copies may be downloaded for private study or research but more extensive copying requires the permission of the copyright owner. Should you wish to make multiple copies of any material please contact the Conference Department.
Entries for the Brian Hey Prize
| Pricing excess of loss treaty with loss sensitive features: an exposure rating approach [slides, pdf] Ana J Mata, Brian Fannin, Mark A Verheyen Paper [pdf] |
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| Insurance World 2: A complex model for managing risk in the age of globalisation [paper, pdf] Gionta Giuseppe |
Plenary Sessions
| Session A | The cost of compensation culture [paper, pdf] Julian Lowe, Chairman |
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| Session C | Corporate risk management: the growing importance of risk data analysis [slides, pdf] Mark Butterworth, Chairman, Institute of Risk Management |
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| Session C | Insurance company failure [paper, pdf] Roger Massey, Chairman |
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| Session E |
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The management of losses arising from extreme events [paper, pdf] David Sanders, Chairman Extreme events part 2. Financial catastrophes. The overthrow of modern financial theory [paper, pdf] |
| Session E |
World Trade Center: an update [slides, pdf] |
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| Session E | Actuaries: Broader? Deeper? or Uncertain? [pdf] Bob Conger, President, CAS |
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| Session G | Update on the future regulation of insurance [ppt] John Tiner, Financial Services Authority |
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| Session G |
Operational Risk Working Party report [paper, pdf] |
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| Session J | The IASB proposals and non-life insurance [paper, pdf] Guest speaker: Peter Clark, International Accounting Standards Board |
Working Party Reports
| Aviation insurance [pdf] Justyn Harding, Chairman |
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Claims Reserving Working Party paper [paper, pdf] Graham Lyons, Chairman Excel models [zip] (request models from libraries@actuaries.org.uk)
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| European weather derivatives [paper, pdf] Nick Ross, Chairman |
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| UK Household: floods, inflation and under insurance [paper, pdf] Rob Cowley, Chairman |
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| Customer Value Measurement Working Party report [paper, pdf] David Brown, Chairman |
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| Investment strategy [slides, pdf] Andrew Smith, Chairman Slides [ppt] Excel models [zip] |
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| Loss portfolio transfers [paper, pdf] Andy Macnair, Chairman |
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| Using the work of other professionals [summary, pdf] Andrew Newman, Chairman Slides [ppt] |
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Workshops
| Capital allocation in the Lloyd's insurance market [slides, pdf] Andreas Tsanakas, Chairman Slides [ppt, 1.8 mb] |
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| Dependent tails [paper, pdf] Andrew Smith, Chairman |
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| Nash's Nobel [paper, pdf] Andrew Smith, Chairman |
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| Realistic disaster scenarios for Lloyd's (RDS) [ppt, 2.6 mb] Robert Humphreys, Chairman |
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| Insurance related solvency regimes [ppt] Derek Newton, Chairman |
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| Stochastic reserving in general insurance [ppt] Peter England, Chairman |
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| Two approaches to calculating correlated indications across multiple lines of business [paper, pdf] Gerald Kirschner, Chairman |
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| IAS - New actuarial techniques required [pdf] Christian Partrat, Chairman Slides [ppt] |
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| A beginner's guide to Bayesian modelling [ppt] Peter England, Chairman |
Additional workshops, not listed in the programme
| Postcode zoning in personal lines rating [summary, pdf] Duncan Anderson, Chairman |
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| Fair value accounting risk margins [summary, pdf] Catherine Cresswell, Chair |
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| FSA financial resource requirements [summary, pdf] Peter Hinton, Chairman Slides [ppt] Text [pdf] |
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| Managing the operational risks of user-developed software [paper, pdf] Louise Pryor, Chair |
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| Practical stochastic reserving [summary, pdf] Justin Skinner, Chairman |