wellinghall: (Default)
[personal profile] wellinghall
Plenary sessions:
Principles Based Regulation and its Effect on Actuaries and our Customers
Commercial Skills
Retail Distribution Review
The Changing Role of the Life Actuary - From Function Holder to Strategic Risk and Capital Manager

Breakout sessions / workshops:
Excess Mortality from Influenza Pandemics
Working Party Session - Actuarial Processes and Controls - Best Practice
The Winds of Change (the Implications of Climate Change to Business Performance)
Yield Curves Revisited
The Longevity Revolution

Date: 2007-11-14 10:27 pm (UTC)
From: [identity profile] muuranker.livejournal.com
"Excess Mortality from Influenza Pandemics"

And this was a life convention???

Mind you, having been through what others have called the most severe local government downsizing, in which redundancies were called "opportunities", I can believe that life is death, black is white, and someone please keep me away from the zebra crossings.

Date: 2007-11-15 12:40 pm (UTC)
From: [identity profile] wellinghall.livejournal.com
Life insurance is, arguably, just what we call death insurance.

Date: 2007-11-15 12:58 pm (UTC)
From: [identity profile] muuranker.livejournal.com
I just realised that English describes insurance in (at least) two ways.

Sometimes, we describe what is being insured:
Car insurance. Home and Contents insurance. Pet insurance. Life insurance.

Sometimes, we describe the event that is being insured against:
Fire insurance. Bad weather insurance. Death insurance.


Date: 2007-11-15 01:02 pm (UTC)
From: [identity profile] wellinghall.livejournal.com
Indeed.

It is possible to buy "life insurance" in the second sense - it is called an annuity, or more colloquially a pension. It carries on paying out as long as you live, even if that is to 120.

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