Author: Andrew McGee
Publisher: Routledge
ISBN: 113533398X
Category : Law
Languages : en
Pages : 390
Book Description
Life assurance continues to be a topic of great practical significance, given the popularity of endowment mortgages and pensions, which contain an element of insurance, as well as the need for families to protect against the loss of their breadwinners. Since the first edition of this book in 1995 much has changed, with a fundamentally new regulatory structure under the Financial Services and Markets Act 2000, changes in divorce and bankruptcy law, as well as continued developments in areas such as insurable interest and utmost good faith. All these developments are covered in this new edition, which at the same time retains the extensive coverage of the well-established principles of this area of law. Areas dealt with include insurable interest, disclosure, cancellation, intermediaries, marketing, assignment, surrender and pension policies. This new edition has been comprehensively revised and updated to take account of changes since the last edition was published.
Life Assurance Contracts
Author: Andrew McGee
Publisher: Routledge
ISBN: 113533398X
Category : Law
Languages : en
Pages : 390
Book Description
Life assurance continues to be a topic of great practical significance, given the popularity of endowment mortgages and pensions, which contain an element of insurance, as well as the need for families to protect against the loss of their breadwinners. Since the first edition of this book in 1995 much has changed, with a fundamentally new regulatory structure under the Financial Services and Markets Act 2000, changes in divorce and bankruptcy law, as well as continued developments in areas such as insurable interest and utmost good faith. All these developments are covered in this new edition, which at the same time retains the extensive coverage of the well-established principles of this area of law. Areas dealt with include insurable interest, disclosure, cancellation, intermediaries, marketing, assignment, surrender and pension policies. This new edition has been comprehensively revised and updated to take account of changes since the last edition was published.
Publisher: Routledge
ISBN: 113533398X
Category : Law
Languages : en
Pages : 390
Book Description
Life assurance continues to be a topic of great practical significance, given the popularity of endowment mortgages and pensions, which contain an element of insurance, as well as the need for families to protect against the loss of their breadwinners. Since the first edition of this book in 1995 much has changed, with a fundamentally new regulatory structure under the Financial Services and Markets Act 2000, changes in divorce and bankruptcy law, as well as continued developments in areas such as insurable interest and utmost good faith. All these developments are covered in this new edition, which at the same time retains the extensive coverage of the well-established principles of this area of law. Areas dealt with include insurable interest, disclosure, cancellation, intermediaries, marketing, assignment, surrender and pension policies. This new edition has been comprehensively revised and updated to take account of changes since the last edition was published.
Spectator Handy Guide to Standard and Special Life Insurance Contracts, Non-Forfeiture Values and Actuarial Tables Useful to the Life Underwriter
The Law and Practice of Life Assurance Contracts
Author: Andrew McGee
Publisher:
ISBN:
Category : Insurance policies
Languages : en
Pages : 360
Book Description
The Law and Practice of Life Assurance Contracts is a practical legal guide to life assurance contracts. It identifies the problems which frequently occur with these policies, and gives advice on how to circumvent them. Analytical and comprehensive treatment of the law. Provides a glossary of terms. Includes Commission Disclosure Rules and PIA Pension Transfer Materials. Author has unique inside experience of the Insurance and PIA Ombudsmen's office.
Publisher:
ISBN:
Category : Insurance policies
Languages : en
Pages : 360
Book Description
The Law and Practice of Life Assurance Contracts is a practical legal guide to life assurance contracts. It identifies the problems which frequently occur with these policies, and gives advice on how to circumvent them. Analytical and comprehensive treatment of the law. Provides a glossary of terms. Includes Commission Disclosure Rules and PIA Pension Transfer Materials. Author has unique inside experience of the Insurance and PIA Ombudsmen's office.
Life Assurance Contracts
Author: Andrew McGee
Publisher: Routledge
ISBN: 1135333998
Category : Law
Languages : en
Pages : 294
Book Description
Life assurance continues to be a topic of great practical significance, given the popularity of endowment mortgages and pensions, which contain an element of insurance, as well as the need for families to protect against the loss of their breadwinners. Since the first edition of this book in 1995 much has changed, with a fundamentally new regulatory structure under the Financial Services and Markets Act 2000, changes in divorce and bankruptcy law, as well as continued developments in areas such as insurable interest and utmost good faith. All these developments are covered in this new edition, which at the same time retains the extensive coverage of the well-established principles of this area of law. Areas dealt with include insurable interest, disclosure, cancellation, intermediaries, marketing, assignment, surrender and pension policies. This new edition has been comprehensively revised and updated to take account of changes since the last edition was published.
Publisher: Routledge
ISBN: 1135333998
Category : Law
Languages : en
Pages : 294
Book Description
Life assurance continues to be a topic of great practical significance, given the popularity of endowment mortgages and pensions, which contain an element of insurance, as well as the need for families to protect against the loss of their breadwinners. Since the first edition of this book in 1995 much has changed, with a fundamentally new regulatory structure under the Financial Services and Markets Act 2000, changes in divorce and bankruptcy law, as well as continued developments in areas such as insurable interest and utmost good faith. All these developments are covered in this new edition, which at the same time retains the extensive coverage of the well-established principles of this area of law. Areas dealt with include insurable interest, disclosure, cancellation, intermediaries, marketing, assignment, surrender and pension policies. This new edition has been comprehensively revised and updated to take account of changes since the last edition was published.
Implicit Embedded Options in Life Insurance Contracts
Author: Nils Rüfenacht
Publisher: Springer Science & Business Media
ISBN: 3790828424
Category : Business & Economics
Languages : en
Pages : 187
Book Description
This book presents a market-consistent valuation framework for implicit embedded options in life insurance contracts. This framework is used to perform an empirical analysis based on more than 110,000 actual and in-force life insurance policies and with a focus on the modeling of interest rates. Its results are the answer to the central question posed in the objectives: What value do the embedded options and guarantees considered have? This question is answered both absolutely and relative to the current policy reserves, from the perspective of the insurer, the policyholder and the shareholder respectively
Publisher: Springer Science & Business Media
ISBN: 3790828424
Category : Business & Economics
Languages : en
Pages : 187
Book Description
This book presents a market-consistent valuation framework for implicit embedded options in life insurance contracts. This framework is used to perform an empirical analysis based on more than 110,000 actual and in-force life insurance policies and with a focus on the modeling of interest rates. Its results are the answer to the central question posed in the objectives: What value do the embedded options and guarantees considered have? This question is answered both absolutely and relative to the current policy reserves, from the perspective of the insurer, the policyholder and the shareholder respectively
The Spectator Handy Guide to Standard and Special Life Insurance Contracts, Non-forfeiture Values and Actuarial Tables Useful to the Life Underwriter
Actuarial Aspects of Individual Life insurance and Annuity Contracts, 3rd Edition
Author: Albert Easton, FSA, MAAA
Publisher: ACTEX Publications
ISBN: 1625422121
Category : Business & Economics
Languages : en
Pages : 334
Book Description
Actuarial Aspects of Individual Life Insurance and Annuity Contracts provides a comprehensive overview of the features and financial aspects of traditional, indexed, and variable products and their related rider benefits. Product development, pricing, financial reporting methods, and regulatory requirements are addressed for all products, including those with derivative-based guarantees. This provides an introduction to actuarial techniques and the relationships among various financial values for the student and provides a comprehensive summary of current practices on more recent products for the experienced actuary. Spreadsheets are available on the ACTEX website to demonstrate profit testing alternatives.
Publisher: ACTEX Publications
ISBN: 1625422121
Category : Business & Economics
Languages : en
Pages : 334
Book Description
Actuarial Aspects of Individual Life Insurance and Annuity Contracts provides a comprehensive overview of the features and financial aspects of traditional, indexed, and variable products and their related rider benefits. Product development, pricing, financial reporting methods, and regulatory requirements are addressed for all products, including those with derivative-based guarantees. This provides an introduction to actuarial techniques and the relationships among various financial values for the student and provides a comprehensive summary of current practices on more recent products for the experienced actuary. Spreadsheets are available on the ACTEX website to demonstrate profit testing alternatives.
Houseman's Law of Life Assurance
Author: Robert Surridge
Publisher: Bloomsbury Publishing
ISBN: 1784514497
Category : Law
Languages : en
Pages : 821
Book Description
Unique in its depth of coverage and currency, Houseman's Law of Life Assurance has established a well-deserved reputation as an authoritative practitioner work on life assurance and is renowned for its practical insight into the workings of the industry. In addition to being fully updated to take account of new legislation and case law the new 15th edition also covers developments including: Significant structural changes to the UK regulatory framework since the 14th edition and in particular the creation of the Prudential Regulation Authority (PRA) and the Financial Conduct Authority each with their own different statutory objectives; Creation of the PRA and the introduction of a new rulebook with a different structure for conveying regulatory guidance; Implementation of the Solvency II Directive which has made fundamental changes to the way insurers calculate their capital, invest their assets and govern their businesses; Changes to insurance law on misrepresentation and warranties and the new duty on consumers to take reasonable care not to make a misrepresentation and on non-consumers to make a fair presentation of the risk; New e-commerce chapter to reflect the growing importance of this distribution channel for life insurance products; Anticipated changes to the regime applicable to insurance distribution because of the Insurance Distribution Directive and rules relating to packaged insurance investment contracts, including the impact on remuneration of intermediaries; Changes to the UK compensation scheme for insurance policyholders.
Publisher: Bloomsbury Publishing
ISBN: 1784514497
Category : Law
Languages : en
Pages : 821
Book Description
Unique in its depth of coverage and currency, Houseman's Law of Life Assurance has established a well-deserved reputation as an authoritative practitioner work on life assurance and is renowned for its practical insight into the workings of the industry. In addition to being fully updated to take account of new legislation and case law the new 15th edition also covers developments including: Significant structural changes to the UK regulatory framework since the 14th edition and in particular the creation of the Prudential Regulation Authority (PRA) and the Financial Conduct Authority each with their own different statutory objectives; Creation of the PRA and the introduction of a new rulebook with a different structure for conveying regulatory guidance; Implementation of the Solvency II Directive which has made fundamental changes to the way insurers calculate their capital, invest their assets and govern their businesses; Changes to insurance law on misrepresentation and warranties and the new duty on consumers to take reasonable care not to make a misrepresentation and on non-consumers to make a fair presentation of the risk; New e-commerce chapter to reflect the growing importance of this distribution channel for life insurance products; Anticipated changes to the regime applicable to insurance distribution because of the Insurance Distribution Directive and rules relating to packaged insurance investment contracts, including the impact on remuneration of intermediaries; Changes to the UK compensation scheme for insurance policyholders.
Life Assurance Primer
Author: Henry Moir
Publisher:
ISBN:
Category : Insurance, Life
Languages : en
Pages : 168
Book Description
Publisher:
ISBN:
Category : Insurance, Life
Languages : en
Pages : 168
Book Description