The four dimensions of reserving uncertainty

This article presents a framework that I have found helpful in working with general insurance firms to better manage their reserving risks. The four dimensions are. The ultimate view of reserving risk. The one-year view of reserving risk. The range of reasonable best estimate reserves. The contribution of claims handling to reserving risk. In this article I will cover the first three dimensions and next time we’ll do a deep dive of the fourth dimension, which is typically the least well understood.

Strategies for defined contribution pension arrangements

Three areas of focus that companies can build into their strategy to help their defined contribution arrangements stand up to adverse conditions. Turbulent economic conditions and how employees respond to them can create sustained financial vulnerabilities for organizations with defined contribution (DC) retirement plans. Professional management of pensions can help employers overcome these challenges, supporting effective workforce planning and protecting the value of the investment they are making in their people through plan contributions.

What we can learn from wave of UK cyber attacks

Recent high profile cyber attacks affecting UK organisations serve as a stark reminder that no business is immune from disruption. While having strong governance and regular risk reviews is essential, the reality of managing a live cyber incident is rarely as straightforward as the plans on paper. From communication challenges to operational pressures, incidents like these test organisations at every level.

Assessing the benefits of run on

Lifestyle Actuary

Dalriada Trustees Limited (Dalriada), one of the largest providers of professional trustee services to pensions schemes in the UK, has today announced the appointment of Sarah Brough as a professional trustee.

Lights Camera Actuary

For the next few months Zoe Bolton will be talking to the senior actuaries in these firms, getting a brief insight into their career paths and visions for the future. This month Zoe interviews Shil Patel the UK Managing Director at Dynamo Analytics

Travelling Actuary

This month's Travelling Actuary takes us to the iconic Boston to experience New England at it’s very best.

Site Search

Exact   Any  

Latest Actuarial Jobs

Digital Magazine

LATEST EDITION - OUT NOW

Actuarial Post's Digital Magazine Issue 162
 
SAFE AS HOUSES?
 
Click the image above to view. Click here to receive your future copies of our monthly magazine

Author Companies

Actuarial Jobs & News Feeds

Jobs RSS News RSS