SA3 Topical Issues

It is important that Subject SA3 students take the opportunity to keep abreast of current developments in general insurance. Many past exam questions and Examiners' Reports have mentioned topical issues that are not covered explicitly by the Course Notes alone.

However, general insurance students are lucky because there are some excellent sources of readily-available information on topical issues. The sources of this information are described in the Course Notes, in Chapter 17. Another good starting point is the general insurance area of the Institute and Faculty's website:

http://www.actuaries.org.uk/practice_areas/general_insurance/documents/giro_conventions

The purpose of this thread is for Subject SA3 students to discuss topical issues on General Insurance. Feel free to add your own comments about topical issues.

 

Which giro for oct 2012???

Just wondered which giro would have been the last giro when the last paper was set? Also would the oct paper have been set when the April one was?

 

I was expecting a list of topical issues which I could scan through. This isn't the case.

Issues I can think of are...

PPOs
Solvency II
Asbestos / Latent claims
Reserving risk methods
Risk aggregation methodologies

I'm sure that there will be plenty more from other backgrounds (especially pricing!). Does anyone else want to contribute to the above list / challenge anything of the items I've included? It would be good to turn this into a mini topical-issues resource with a brief description of the issue along with how it fits into GI actuarial work.

 

Can we include "Pricing risk" on new products using new technologies?