The Actuarial Function Working Party’s objectives were:
- to suggest the content and structure of the Actuarial Function report
- to discuss possible organisational structures for the Actuarial Function which may vary according to the scale, nature and complexity of the organisation
- to consider who should perform the role of the Actuarial Function Holder and any recommended qualifications
- to consider the non-regulatory, internal users/clients/'customers' of the Actuarial Function and their requirements and expectations
- to discuss issues of independence, conflicts of interest and the appropriate segregation of responsibilities in the context of the Actuarial Function
- to consider the extent and nature of liaison with and reliance upon non-actuaries which may be required to fulfil some of the requirements of the Solvency II Directive.
- 2015 Report: Application of the Solvency II actuarial function to general insurance firms
- CIGI 2015
- Application of the Actuarial Function to Non-Life Firms (GIRO 2014)
- Application of the Actuarial Function in General Insurance Companies (GIRO 2013)
- Role of the actuarial function under Solvency II (GIRO 2011)
- 3 October 2013
- 9 November 2017
- 6 June 2016
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