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Towards the Optimal Reserving Process

This Working Party explores the governance and design of existing processes within reserving, ensuring that principles-based guidance (small ‘g’) is given

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

2017

2016

2015

2014

2013

2012

Chair: William Diffey
Membership: 16
Established: 2012

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Contact Details

If you want more information about this research working party please contact the Communities Team.

professional.communities@actuaries.org.uk

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Start date
E.g., 26/10/2020
End date
E.g., 26/10/2020

Events calendar

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    Available to watch globally in November.
    02-13 November 2020
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  • Data Science in Banking - Opportunities and Risks

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    3 December 2020

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    4 December 2020

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    Cash-flow driven investing is a game-changer for DB pension funds navigating their end-game. Suitable for sponsors who want to reduce risks on their balance sheets. And for trustees, it shifts the focus to providing greater certainty of returns, managing funding level volatility and ensuring they have enough income to pay cash-flow requirements.

  • Autumn Pensions Webinar: Legal update - The letter of the law

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    7 December 2020

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    Patrick Kennedy, Partner at Gateley Legal and Founding Director of Entrust (a leading professional pensions trustee company), will be delivering an update on the latest legal developments during the course of 2020. With both a pensions legal perspective and over 25 years of trustee service, Patrick will seek to highlight how the letter of the law has continued to evolve against the backdrop of a difficult and challenging year

  • Autumn Pensions Webinar: Impact of Dividends

    Webinar
    8 December 2020

    Spaces available

    The talk will provide an understanding of the priorities and relationships between deficit reduction contributions, in the context of wider scheme funding, and different types of value outflow from the employer based on the working party’s recently published report. 

  • An update from the IFoA’s Covid-19 Action Taskforce [ICAT] Risk Management workstreams

    Webinar
    25 January 2021

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    Covid-19 has required an urgent and cross-practice initiative to facilitate the extensive impact this pandemic has across all industries. IFoA members have been keen to contribute in a different way, so we developed the IFoA Covid-19 Action Taskforce [ICAT] to coordinate our effort, with a more efficient governance.

    We have over 500 volunteers and countless topics which we have amalgamated into 93 workstreams.