This Working Party explores how ‘Story Telling’ might improve communication of potential future developments and adverse outcomes resulting in better decision-making under uncertainty.
The objectives of The Good Actuarial Report Working Party are to:
- explore current practices and shortcomings in writing actuarial reserving reports
- explore how ‘story telling’ might provide pointers to writing a better actuarial report and to transferring knowledge, experience, and wisdom
- consider the relevance and application of TASs in actuarial reports
- investigate current practices in writing actuarial reserving reports and the perceived value that these deliver
- develop a drafting guide and recommendations to support actuaries in writing a good actuarial report
- develop criteria and a framework for evaluating the utility/usefulness of actuarial reports.
Chair: Chris Smerald
Established: 2013-2024
Published content:- Blog 2022: How Good are your Actuarial Reports?
- 2021: Simple Covid Statistics are Not Always Simple
- 2021: Actuarial Futurism Hidden in Plain Sight
- GIRO 2018: workshop D: A Holistic Process for Producing Good Actuarial Reports
- GIRO 2016 workshop B8: The Good Actuarial (Function) Report
- GIRO 2014: Interim Report
- GIRO 2013: The Grizzled Actuary