25
Jun
Reserving for annuities: a complicated business!
A technical discussion paper that looks to get to the foundations of what the Solvency II ...
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23Oct
IFoA Frank Redington Pension Prize 2022
I was gratified to be a co-winner of the IFoA Frank Redington Pension Prize 2022 for my es...
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30Jan
IFoA Finance in the Public Interest 2022 – Redington: The Man and His Ideas
I recently had the privilege of opening the IFoA’s 2022 Finance in the Public Intere...
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22Jan
HMT Review of Solvency II: My submission on reform of the MA
I have submitted some responses to the HM Treasury Review of Solvency II: Call for Evidenc...
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21Dec
The Mortgage-Implied Illiquidity Premium
The determination of the illiquidity premium that is applicable in the valuation of an equ...
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11Dec
On the Volatility of the Value of Deferred Possession
The value of an equity release mortgage is naturally a function of the value of deferred p...
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07Dec
CAS Webinar on Methodology of Actuarial Science
I greatly enjoyed the opportunity to present some of my research on the methodology of act...
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07Sep
Reflections prompted by Elie Ayache’s ‘The Medium of Contingency’
Introduction This article reflects on some of the ideas developed in Elie Ayache’s 2015 bo...
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28Jul
Superfunds: Risk, Certainty, Capital and Value
The satisfactory resolution of the UK’s under-funded private-sector Defined Benefit ...
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03Jul
A Valuation, Capital and Matching Adjustment Methodology for Equity Release Mortgages
The actuarial treatment of equity release mortgages has been one of my major areas of prof...
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11May
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06Apr
Some Notes on the Methodology of Actuarial Science
Dear Friends and Colleagues, In researching and writing A History of British Actuarial Tho...
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29Mar
Notes on Derivative Valuation and Illiquid Assets
These notes record some partially developed thoughts on how the presence of asset illiquid...
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28Feb
IFoA Equity Release Mortgages Working Party Discussion Paper
The Institute and Faculty of Actuaries’ Equity Release Mortgages Working Party, of w...
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04Nov
On the Theory of Insurance Solvency Regulation in the Presence of Financial Market Risk
This note reflects on the theoretical rationale for the solvency capital regulation of ins...
