Marine and Energy Pricing

Key objectives:

• educate pricing actuaries both within Marine and Energy, and externally
• educate and better inform underwriters, non-actuarial management, regulators and other actuaries to improve relations with them
• define the classes of business that defines the Marine and Energy sphere
• foster a spirit of fellowship within the Marine and Energy pricing community to enhance their skills whilst avoiding issues of anti-competiveness
• inform and educate the wider insurance community of the concerns involved in pricing Marine and Energy risks.

Forthcoming outputs:

• GIRO 2014 paper and presentation
• ​a paper collating and codifying the experience of the Working Party’s members and considering current limitations, trends, and future initiatives.