South African Actuarial Journal最新文献_第6页

The construction of a price index for contributions to South African open medical schemes 建立南非开放医疗计划缴费价格指数

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South African Actuarial Journal Pub Date : 2013-01-01 DOI: 10.4314/SAAJ.V13I1.1

By S Ramjee, A. Kooverjee, KA Dreyer

引用次数: 2

Risk Modelling in General Insurance: From Principles to Practice, Roger J. Gray and Susan M. Pitts : book review 《一般保险中的风险建模:从原则到实践》，罗杰·j·格雷、苏珊·m·皮茨著

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South African Actuarial Journal Pub Date : 2013-01-01 DOI: 10.4314/SAAJ.V13I1.8

Avraham Adler

{"title":"Risk Modelling in General Insurance: From Principles to Practice, Roger J. Gray and Susan M. Pitts : book review","authors":"Avraham Adler","doi":"10.4314/SAAJ.V13I1.8","DOIUrl":"https://doi.org/10.4314/SAAJ.V13I1.8","url":null,"abstract":"The field of actuarial science has seen many changes over the past few years. We live in a world whose complexity becomes more apparent every day. From the well-known, such as natural catastrophes, to the esoteric, such as satellite launch coverage or cyberterrorism, actuaries are called upon more often to provide their principals with reasonable estimates of potential profit and loss exposure. The main tool of the actuary in all these cases is the ability to create a mathematical model of real-world events and, knowing the model's limitations, to use the model to develop a range of reasonable estimates of results. In this light, it is a welcome event to have a new text on the basics of risk modelling for general insurance. The text is structured so that each section adds more complexity and utility to the one before, and each is followed by a set of questions. There are six expository sections, a seventh section containing case studies that tie the subjects taught throughout the book together. The book concludes with two appendices - one discussing utility theory and Jensen's inequality, the other containing answers to selected questions.","PeriodicalId":40732,"journal":{"name":"South African Actuarial Journal","volume":"13 1","pages":"309-311"},"PeriodicalIF":0.2,"publicationDate":"2013-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70612149","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Operational risk management: practical implications for the South African insurance industry 操作风险管理:对南非保险业的实际影响

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South African Actuarial Journal Pub Date : 2013-01-01 DOI: 10.4314/SAAJ.V13I1.3

M. Martín, M. Hayes

引用次数: 3

The effect of SAM on the South African medical-scheme environment : a quantitative analysis SAM对南非医疗计划环境的影响:定量分析

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South African Actuarial Journal Pub Date : 2012-01-01 DOI: 10.4314/SAAJ.V12I1.3

M. Ganz

{"title":"The effect of SAM on the South African medical-scheme environment : a quantitative analysis","authors":"M. Ganz","doi":"10.4314/SAAJ.V12I1.3","DOIUrl":"https://doi.org/10.4314/SAAJ.V12I1.3","url":null,"abstract":"The globalisation of the financial services industry and the increasing complexity of insurance products, among other factors, have led to the development of new regulatory systems for insurers globally (and, in particular, in South Africa). The primary intention of these systems is to protect the interests of policyholders by ensuring that insurance companies remain solvent in most foreseeable circumstances. In South Africa, new regulation, known as Solvency Assessment and Management (SAM), is expected in 2015, but this regulation is to apply only to insurance companies and not to medical schemes. This paper considers the implications of the application of capital requirements under Quantitative Impact Study 1 to the measurement of capital adequacy in South African medical schemes. Data from 2006, 2007 and 2008 were used to parameterise the non-SLT health-underwriting risk module (i.e. the risk module relating to health-underwriting risk that is not similar to life techniques), which was then used to determine the level of economic capital that schemes would have been required to hold in 2009. The results showed an overall reduction in the capital requirements of medical schemes, as compared with the current statutory minimum requirements, and therefore an increase in the proportion of medical schemes that are found to be solvent.","PeriodicalId":40732,"journal":{"name":"South African Actuarial Journal","volume":"12 1","pages":"65-96"},"PeriodicalIF":0.2,"publicationDate":"2012-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70612131","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Consumption changes on retirement for South African households 南非家庭退休后的消费变化

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South African Actuarial Journal Pub Date : 2012-01-01 DOI: 10.4314/SAAJ.V12I1.1

M. Butler, Cjj van Zyl

引用次数: 10

Retirement adequacy goals for South African households 南非家庭的退休充足目标

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South African Actuarial Journal Pub Date : 2012-01-01 DOI: 10.4314/SAAJ.V12I1.2

M. Butler, C. V. Zyl

引用次数: 14

Access to public healthcare in South Africa 在南非获得公共医疗保健

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South African Actuarial Journal Pub Date : 2012-01-01 DOI: 10.4314/SAAJ.V12I1.5

S. Plaks, M. Butler

引用次数: 5

Damages for personal injury and death : legal aspects relevant to actuarial assessments : refereed paper 人身伤害和死亡损害赔偿:与精算评估有关的法律问题:经审阅的文件

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South African Actuarial Journal Pub Date : 2011-01-01 DOI: 10.4314/SAAJ.V11I1.4

R. Koch

引用次数: 2

Promoting quality in the actuarial assessment of quantum of damages in South Africa : refereed paper 促进南非损害赔偿数量精算评估的质量:经审阅的文件

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South African Actuarial Journal Pub Date : 2011-01-01 DOI: 10.4314/SAAJ.V11I1.3

M. Lowther

{"title":"Promoting quality in the actuarial assessment of quantum of damages in South Africa : refereed paper","authors":"M. Lowther","doi":"10.4314/SAAJ.V11I1.3","DOIUrl":"https://doi.org/10.4314/SAAJ.V11I1.3","url":null,"abstract":"This paper applies a quality framework theory to a field of actuarial practice. The paper is relevant to the professionalism of actuaries in general, and to those who assess the quantum of damages in particular. Quality framework theories propose that practitioners need to apply a range of technical and normative capabilities to provide a quality professional service. This paper suggests the various capabilities that are needed by actuaries in the field of assessment of the quantum of damages, and orders them by applying a quality framework. A methodology for practitioners to benchmark the quality of their practice is outlined. In South Africa, there is no formal curriculum, canon, or specific guidance for actuaries practising in this field. The paper therefore also contributes to the professionalisation of the field by reviewing and recording relevant literature, and provisionally filling gaps in it from personal experience of the author as practitioner in this field. The paper concludes by suggesting that this approach could also help professionalise other fields of actuarial practice. Keywords: Professionalism; professionalisation; professional practice; actuarial quality framework; assessment of quantum of damages; loss of support; loss of earnings","PeriodicalId":40732,"journal":{"name":"South African Actuarial Journal","volume":"203 1","pages":"85-110"},"PeriodicalIF":0.2,"publicationDate":"2011-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"70612555","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Book review: Stress Testing for Financial Institutions 书评:金融机构的压力测试

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South African Actuarial Journal Pub Date : 2009-10-15 DOI: 10.4314/SAAJ.V9I1.46820

M. Schouten

引用次数: 0