The objectives of Towards the Optimal Reserving Process Working Party are to:
- investigate common practice within the reserving process and disseminate such information as required, ensuring practitioners are aware of such practices
- describe common issues relating to the reserving process and provide ideas around how to address these within the 'typical' reserving process
- consider emerging trends in reserving process requirements and identify potential ways to address these
- assist in making new reserving methods accessible to the wider Profession by providing practical steps to integrate them within existing reserving processes
Outputs:
2019
2018
- TORP IFRS 17 Survey 2018 Results
- GIRO 2018: Workshop B: IFRS 17: Are reserving processes and systems heading for the rocks?
- Reserving in Machine Learning (Reserving Seminar 2018)
2017
2016
- TORP: SII TPs - Sharing the Pain (GIRO 2016)
- Towards the Optimal Reserving Process - Survey, April 2016
2015
- Materiality and RI for fast close: Catching the big fish with nets (GIRO, 2015)
- Sessional Paper: The fast close process (2015)
2014
- Presentation (GIRO, 2014)
- Paper (GIRO, 2014)
- 2014 Reserving Seminar presentation
- Update from the Working Party (CIGI, 2014)
2013
- Reserving Seminar presentation
- AvE: Curse or Blessing? (GIRO, 2013)
- Actual vs. Expected Techniques (GIRO, 2013)
2012
- A Practical Guide to Building your own Teepee (GIRO, 2012)
- Towards Optimal Reserving (GIRO, 2012)
- Workshop presentation (GIRO, 2012)
Chair: | William Diffey |
---|---|
Membership: | 16 |
Established: | 2012 |
Related documents
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Guidance for Member-Led Research Working Parties
9 November 2017 -
E08 - TORP update: AvE – curse or blessing?
7 October 2013 -
Plenary 6: A practical guide to building your own teepee
17 September 2012 -
C06: Towards optimal reserving: best practice in the new world
17 September 2012
Contact Details
If you want more information about this research working party please contact the Communities Team.
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Events calendar
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Dr Catherine Donnelly will present the basics of the structures for pooling longevity risks and summarise recent research results in this area in addition to outlinging future research around this topic. This is work under a research programme funded by the IFoA's Actuarial Research Centre, called 'Minimizing longevity and investment risk while optimising future pension plans'.
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