This paper brings together the work of the GI Solvency II Technical Provisions working party. The working party was formed in 2009 for the primary purpose of raising awareness of Solvency II and the impact it would have on the work that reserving actuaries do. Over the years, the working party’s focus has shifted to exploring and promoting discussion of the many practical issues raised by the requirements and to promoting best practice. To this end, we have developed, presented and discussed many of the ideas contained in this paper at events and forums. However, the size of the subject means that at no one event have we managed to cover all of the areas that the reserving actuary needs to be aware of. This paper brings together our thinking in one place for the first time. We hope experienced practitioners will find it thought provoking, and a useful reference tool. For new practitioners, we hope it helps to get you up-to-speed quickly. Good luck!

This abstract relates to the following paper: DrekslerS.,AllenC.,Akoh-ArreyA.,CourcheneJ. A., JunaidB.,KirkJ.,LoweW.,O’DeaS.,PiperJ.,ShahM.,ShawG.,StormanD.,ThaperS.,ThomasL.,WheatleyM. and WilsonM. Solvency II technical provisions for general insurers (Brian Hey prize) ‐ Abstract of the London Discussion. British Actuarial Journal, doi: 10.1017/S1357321714000099

This paper looks at alternative long-term care (LTC) funding models and options. It analyses six global models and the potential applications to the United Kingdom. The paper provides a demographic overview for each of the six countries to illustrate the increasing global demand for LTC and the funding thereof that is becoming a global critical issue. It examines the approaches each country has taken to address the funding issue with varying degrees of public/private co-operation and partnerships. The authors hope that the lessons learned from these other markets will assist the United Kingdom as they try to come to grips with their growing social care funding issue.

This abstract relates to the following paper: ElliottSLong-term care: a review of global funding ‐ Abstract of the Edinburgh Discussion. British Actuarial Journal, doi: 10.1017/S1357321714000300