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Special Guest Lecture in conjunction with the Worshipful Company of Actuaries

Special Guest Lecture in conjunction with the Worshipful Company of Actuaries Professor Nicholas Bingham “ RISK FOR ACTUARIES AND RISK FOR EVERYONE ” Thursday 15 th November 2012 from 4pm _________________________________________________ Venue : Tower 3, 5 th floor, the BOX room

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Special Guest Lecture in conjunction with the Worshipful Company of Actuaries

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  1. Special Guest Lecture in conjunction with the Worshipful Company of Actuaries Professor Nicholas Bingham “RISK FOR ACTUARIES AND RISK FOR EVERYONE” Thursday 15th November 2012 from 4pm _________________________________________________ Venue: Tower 3, 5th floor, the BOX room Refreshments will be provided after the lecture

  2. “RISK FOR ACTUARIES AND RISK FOR EVERYONE” This talk is a non-technical and discursive account of risk, as it affects the actuarial profession (who handle the quantitative aspects of the insurance industry) and as it affects us all. The content is indicated by the section headings: • Why insure? • Insurance and utility • Juvenal’s question • HMQ’s question • Intensity, rate and the Poisson process • Medical issues • Risk balancing • Risk compensation • Public understanding of risk • Governmental understanding of risk • Health and safety • Insurance and mis-selling • Forensic statistics

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