2001
DOI: 10.1017/s1357321700002464
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Financial Condition Assessment

Abstract: This paper explores an approach to assessing the adequacy of capital resources for non-life insurance companies. It examines the range of risks faced by these companies and the factors that influence the analysis of their impact on an organisation's financial condition. The paper considers how the actuarial profession may contribute to this process, with particular reference to the regulatory regime envisaged in the United Kingdom.

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Cited by 3 publications
(1 citation statement)
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“…The work of the Life Board in its responses to recent FSA papers on with-profits business was well received by the FSA. The paper by John Ryan et al (2001) on financial condition assessments for general insurance emphasised the contribution that actuaries make to risk evaluation and co-ordination. I can attest to the cumulative effect of these and other, less public, efforts in increasing the level of desire of others to come to the profession for an exchange of views and for insights.…”
Section: An Examplementioning
confidence: 99%
“…The work of the Life Board in its responses to recent FSA papers on with-profits business was well received by the FSA. The paper by John Ryan et al (2001) on financial condition assessments for general insurance emphasised the contribution that actuaries make to risk evaluation and co-ordination. I can attest to the cumulative effect of these and other, less public, efforts in increasing the level of desire of others to come to the profession for an exchange of views and for insights.…”
Section: An Examplementioning
confidence: 99%