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Recent Developments in Life Office Financial Reporting

Published online by Cambridge University Press:  10 June 2011

M.C. Gallen  and
M.R. Kipling
M.C. Gallen
Affiliation:
Royal & SunAlliance plc, 30 Berkeley Square, London W1X 5HA, U.K. Tel: +44 (0)20 7569 6172; Fax: +44 (0)20 7569 6617; E-mail: michael.gallen@notes.royalsun.com
M.R. Kipling
Affiliation:
Government Actuary's Department, New King's Beam House, 22 Upper Ground, London SE1 9RJ, U.K. Tel: +44 (0)20 7211 2674
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Abstract

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The European Community 3rd Life and Insurance Accounts Directives have necessitated changes to United Kingdom life insurers' statutory solvency valuations and published accounts. This paper details these, together with associated guidance. It also describes certain other developments in U.K. life office financial reporting and discusses some inter-professional issues.

Keywords

Statutory ValuationFinancial ReportingLife Insurance
Type
Sessional meetings: papers and abstracts of discussions
Information
British Actuarial Journal , Volume 2 , Issue 2 , 01 June 1996 , pp. 479 - 517
Copyright
Copyright © Institute and Faculty of Actuaries 1996

References

REFERENCE

Scott, P.G., Elliott, S.F., Gray, L.J., Hewitson, T.W., Lechmere, D.J., Lewis, D. & Needleman, P.D. (1996). An alternative to the net premium valuation method for statutory reporting, B.A.J. 2, 527–621.Google Scholar