1. NCCU Academic Hub
  2. Publications
  3. College of Commerce
  4. Periodical Articles
  5. Item

Publications-Periodical Articles

Article View/Open

Publication Export

Google ScholarTM

NCCU Library

Citation Infomation

Related Publications in TAIR

題名 Use of Dynamic Financial Analysis and Financial Condition Reporting by United Kingdom General Insurers
作者 許永明
Shiu, Yung-Ming;Moles, Peter
貢獻者 風管系
日期 2006-03
上傳時間 22-Jan-2015 16:13:08 (UTC+8)
摘要 This paper presents the findings of a survey of the current Dynamic Financial Analysis (DFA)/Financial Condition Report (FCR) practices in the United Kingdom general insurance industry. An independent samples t test for non-respondent bias was conducted, and the results suggest that the respondent sample is representative of the survey population. The survey results revealed: (1) that the use of DFA techniques in the industry was limited; (2) that scenario testing was the most frequently used technique; (3) that the most common DFA application was the evaluation of reinsurance programmes; (4) that less than ten scenarios were run regularly; (5) that inflation was the most frequently modelled economic variable; (6) that the capability of asset modelling of general insurers was restricted; (7) that the most common method of liability modelling was to use all in force policies in aggregate; (8) that the most common projection periods in DFA and business planning were three years; (9) that the main reason for not using DFA techniques and producing FCR was lack of need; and (10) that views on whether a Guidance Note on FCR specifically for general insurers should be introduced differed.
關聯 Annals of Actuarial Science,1(1),79-101.
資料類型 article
DOI http://dx.doi.org/10.1017/S1748499500000063
dc.contributor 風管系
dc.creator (作者) 許永明zh_TW
dc.creator (作者) Shiu, Yung-Ming;Moles, Peter
dc.date (日期) 2006-03
dc.date.accessioned 22-Jan-2015 16:13:08 (UTC+8)-
dc.date.available 22-Jan-2015 16:13:08 (UTC+8)-
dc.date.issued (上傳時間) 22-Jan-2015 16:13:08 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/73115-
dc.description.abstract (摘要) This paper presents the findings of a survey of the current Dynamic Financial Analysis (DFA)/Financial Condition Report (FCR) practices in the United Kingdom general insurance industry. An independent samples t test for non-respondent bias was conducted, and the results suggest that the respondent sample is representative of the survey population. The survey results revealed: (1) that the use of DFA techniques in the industry was limited; (2) that scenario testing was the most frequently used technique; (3) that the most common DFA application was the evaluation of reinsurance programmes; (4) that less than ten scenarios were run regularly; (5) that inflation was the most frequently modelled economic variable; (6) that the capability of asset modelling of general insurers was restricted; (7) that the most common method of liability modelling was to use all in force policies in aggregate; (8) that the most common projection periods in DFA and business planning were three years; (9) that the main reason for not using DFA techniques and producing FCR was lack of need; and (10) that views on whether a Guidance Note on FCR specifically for general insurers should be introduced differed.
dc.format.extent 185 bytes-
dc.format.mimetype text/html-
dc.relation (關聯) Annals of Actuarial Science,1(1),79-101.
dc.title (題名) Use of Dynamic Financial Analysis and Financial Condition Reporting by United Kingdom General Insurers
dc.type (資料類型) articleen
dc.identifier.doi (DOI) 10.1017/S1748499500000063en_US
dc.doi.uri (DOI) http://dx.doi.org/10.1017/S1748499500000063 en_US