General Insurance Premium Rating — The Way Forward. Summary of the Recommendations of the General Insurance Premium Rating Working Party (GRIP)

General Insurance Premium Rating — The Way Forward. Summary of the Recommendations of the General Insurance Premium Rating Working Party (GRIP)

The General Insurance Premium Rating Issues Working Party (GRIP) was established by the General Insurance Board of the Faculty and Institute of Actuaries in 2005 to review actuarial involvement in premium rating issues, pricing being one of the key areas in which actuaries work. GRIP published a ful...

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Veröffentlicht in:British Actuarial Journal 2007-09, Vol.13 (3), p.637-644
Hauptverfasser: Anderson, J. D., Bolton, C. G., Callan, G. L., Cross, M., Howard, S. K., Mitchell, G. R. J., Murphy, K. P., Rakow, J. C., Stirling, P. A., Welsh, G. E.
Format: Artikel
Sprache:eng
Schlagworte:
Actuarial science
Cephalopelvic disproportion
Customers
Insurance
Insurance companies
Insurance premiums
Insurance providers
Life insurance
Market prices
Recommendations
Sessional meetings: papers and abstracts of discussions
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Beschreibung
Zusammenfassung:The General Insurance Premium Rating Issues Working Party (GRIP) was established by the General Insurance Board of the Faculty and Institute of Actuaries in 2005 to review actuarial involvement in premium rating issues, pricing being one of the key areas in which actuaries work. GRIP published a full report in January 2007, which is available at www.actuaries.org.uk/grip. This short paper summarises the recommendations of that full report. Further background, discussion and the rationale for these recommendations are set out in more detail in the full report.
ISSN:1357-3217
2044-0456
1748-5002
DOI:10.1017/S1357321700001586