1. GIRO Conference 2004 Morris Review and Other Challenges
Michael Pomery
15 October 2004

2. Morris Review : Key Issues
Actuarial roles, reserved roles
Public interest, accountability
Market for actuarial services
Self regulation, governance

3. Morris Review : Key Issues
Governance of the profession
Setting standards
Peer review
Practising certificates
Discipline
Conflicts of Interest

4. Morris Review : Next Steps
Analysis of responses
Interim assessment (Nov/Dec?)
Consultation meetings
Final Report (Spring 2005)

5. The Future is Uncertain
General Insurance
CMI – Longevity
Illustrations and projections : FIB taskforce

6. The Future is Uncertain
Pricing and reserving
Single set of assumptions
“Certis ex incertis”
Explaining uncertainty – the challenge