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Financial Condition Assessment

Published online by Cambridge University Press:  10 June 2011

J.P. Ryan ,
P.R. Archer-Lock ,
A.J. Czernuszewicz ,
N.R. Gillott ,
P.H. Hinton ,
D. Ibeson ,
S.A. Malde ,
D. Paul  and
N. Shah
J.P. Ryan
Affiliation:
Tillinghast-Towers Perrin, Albion House, 55 New Oxford Street, London WC1A 1BS, U.K. Tel: +44(0)20-8895-2446; Fax: +44(0)20-7574-2222; E-mail: ryanjo@towers.com
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Abstract

This paper explores an approach to assessing the adequacy of capital resources for non-life insurance companies. It examines the range of risks faced by these companies and the factors that influence the analysis of their impact on an organisation's financial condition. The paper considers how the actuarial profession may contribute to this process, with particular reference to the regulatory regime envisaged in the United Kingdom.

Keywords

General InsuranceNon-LifeFinancial ConditionActuaryCapitalSolvencyRisk AssessmentTurnbullRisk ManagementDynamic Financial Analysis (DFA)Financial Services Authority (FSA)
Type
Sessional meetings: papers and abstracts of discussions
Information
British Actuarial Journal , Volume 7 , Issue 4 , 01 October 2001 , pp. 519 - 584
Copyright
Copyright © Institute and Faculty of Actuaries 2001

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