The Actuary - Magazine of the Institute and Faculty of Actuaries

Time 2021-08-15 15:07:01

Web Name: The Actuary - Magazine of the Institute and Faculty of Actuaries

WebSite: http://www.theactuary.com

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The UK has recorded a steady rise in COVID-19-related deaths in recent weeks following the easing of lockdown restrictions, analysis by the Continuous Mortality Investigation (CMI) has found.The global insurance technology sector attracted a record level of investment in the first half of this year, surpassing total funding for 2020, analysis by Willis Towers Watson (WTW) has found.Man-made global warming has caused “unprecedented” changes to the climate, some of which are “irreversible” for thousands of years, a damning new UN report has claimed.Jennifer Dixon speaks to Stephen Hyams about the impact of the COVID-19 pandemic on the UK’s health, the lessons we must learn, and how data and technology could help relieve pressure on the NHSSupporting the vaccination of emerging nations is an opportunity not only to aid humanitarian efforts, but also to mitigate COVID-19’s global economic impact, says Prachi PatkeeAndrew Cairns, Torsten Kleinow and Jie Wen introduce the new Longevity Index for England and the accompanying open access appRichard Olswang, John Jenkins, Tom Bulpitt and Darren Clay discuss the theoretical and practical challenges posed by IFRS 17 discount ratesGeorgina Bedenham, Amy Shields and Andrew Kirk present the findings from their recent IFoA Biodiversity Working Party paper on the link between biodiversity and zoonotic diseasesThe UK actuarial profession needs to do more to understand mental health, say Chris Knight and Lisa Balboa from the IFoA’s Mental Health Working PartyThe Actuary Jobs is the jobs website for The Actuary magazine and the official job board for IFoA (Institute and Faculty of Actuaries). Our aim is to help Actuarial Profession members and non-members to find jobs and recruit appropriate staff. We cover both permanent and interim positions in all actuarial areas, from junior posts to senior roles. Our goal is to put the right employer in touch with the right potential employee as efficiently as possible.Visit The Actuary Jobs website »The global insurance technology sector attracted a record level of investment in the first half of this year, surpassing total funding for 2020, analysis by Willis Towers Watson (WTW) has found.UK car insurance prices are the lowest they have been for five years following a significant drop in claims during successive lockdowns, new analysis has revealed.Rising risk awareness and the strongest rate hardening for 20 years in non-life insurance commercial lines are forecast to push total premium volumes 10% higher than pre-COVID-19 levels this year.Actuaries can play a major role in helping decentralised financial technologies reach their full potential, says Zhixin LiThe UK has recorded a steady rise in COVID-19-related deaths in recent weeks following the easing of lockdown restrictions, analysis by the Continuous Mortality Investigation (CMI) has found.UK pension funds and other institutional investors have been urged by prime minister Boris Johnson and chancellor Rishi Sunak to back riskier long-term investments in the country as it recovers from COVID-19.UK women have smaller pension pots than men at every stage of their career, with the gap widening to a staggering 56% at retirement, new research has uncovered.Increasing regulatory pressure and the need for cost efficiencies has seen almost half of UK pension schemes turn to professional trustees as they search for more governance simplicity.Just a fraction of UK non-life insurers have referenced the Taskforce on Climate-related Financial Disclosures (TCFD) in their Solvency II reporting, analysis by Lane Clark Peacock (LCP) has found.More than eight in 10 UK asset managers have adopted an environmental, social and governance (ESG) programme amid growing regulatory pressure and investor demand, new research has found.The Institute and Faculty of Actuaries (IFoA) has today raised “significant concerns” about how changes to actuarial regulation set out by the UK government will work in practice.UK pension schemes should consider appointing an independent professional trustee (IPT) to help navigate increasingly complex risks, according to a new governance guide published today.Neptune Jin shares the Data Science Research Working Party’s work looking at the merits of different supervised learning techniques for claim frequency modellingJoel Walmsley writes about the past, present and future of artificial intelligence from a philosophical point of viewAlastair Black looks at how the increasing use of analytics is affecting life insurance pricingEdward Plowman explains some of the developments currently taking place in insurtech, and why actuaries must embrace this change if they are to succeedThe Institute and Faculty of Actuaries (IFoA) came into being on 1 August 2010.It is the UK's only chartered professional body dedicated to educating, developing and regulating actuaries based both in the UK and internationally.Find out more about us by visiting our website »During the coronavirus pandemic, the Continuous Mortality Investigation (CMI) is publishing frequent...August 2021Brian Hey Prize 2021: Open Invitation Guidance for AuthorsResearchers are cordially invited to submit their GI Actuarial research papers for the Brian Hey...August 2021April 2021 Examinations SummaryCongratulations to all our candidates who passed examinations in the April 2021 session. We are...August 2021New world, new thinkingWe’re living in a changed world.Almost overnight, the pandemic brought dramatic transformations...August 2021JFAR Risk Perspective 2021We would like to say thank you to everyone who participated in the recent Pre-Associate Curriculum...August 2021Funeral trusts thematic reviewThe IFoA s Review Team has launched the Funeral trust thematic review. This will consider the advice...August 2021CMI says mortality rates at record low during second quarter of 2021During the coronavirus pandemic, the Continuous Mortality Investigation (CMI) is publishing frequent...August 2021Health Care board meeting update - JulyVicky Gardner summarises the discussions at the recent Health amp; Care board meeting on 1 July.It...August 2021All Climate change at the IFoA: Postcards for Actuaries, 25 June 2021

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