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CMI says excess mortality continues as deaths associated with COVID-19 increase
10 November 2020
During the coronavirus pandemic, the Continuous Mortality Investigation (CMI) is publishing frequent UK mortality analysis through its mortality monitor. The latest update covers week 44 of 2020 (24 October to 30 October) based on provisional England & Wales deaths data published by the Office for National Statistics (ONS) on 10 November 2020.
The key points of this update are:
CMI notes return of excess mortality due to second wave
3 November 2020
During the coronavirus pandemic, the Continuous Mortality Investigation (CMI) is publishing frequent UK mortality analysis through its mortality monitor. The latest update covers weeks 42 and 43 of 2020 (10 October to 23 October) based on provisional England & Wales deaths data published by the Office for National Statistics (ONS) on 3 November 2020.
The key points of this update are:
IFoA best paper prize winners include AI “deep learning” technique
28 October 2020
Every year, the IFoA recognises excellence in research through the award of prizes for exceptional research papers in actuarial science or related disciplines.
This year, the Geoffrey Heywood Prize, awarded for engagement with an actuarial audience who are not subject matter experts, was won by Ronald Richman and Mario Wüthrich for their paper ‘A neural network extension of the Lee-Carter model to multiple populations’ published in the Annals of Actuarial Science.
Paper author, Ronald Richman, said:
Feature in our Directory of Employers for 2020/21
27 October 2020
Economic hardship, health and Covid-19
27 October 2020
The current recession is different from previous economic recessions due to severe government interventions to try and contain a pandemic outbreak including locking down the economy (nationally or locally), implementing quarantines and employing social distancing rules. The magnitude and speed of change in the UK and global economy is also unlike previous recessions.
The IFoA Asia Town Hall 2020
23 October 2020
The Institute and Faculty of Actuaries (IFoA) held a virtual Asia Town Hall 2020 on 15 October focusing on the IFoA’s international strategy for East Asia and South-East Asia. The IFoA’s President, Mr Tan Suee Chieh and Chief Executive, Mr Stephen Mann hosted this webinar and presented to over 200 members and invited delegates.
AIA Malaysia awarded the IFoA’s Quality Assurance Scheme accreditation
23 October 2020
The Institute and Faculty of Actuaries (IFoA) is delighted to announce that its prestigious Quality Assurance Scheme (QAS) accreditation has been awarded to AIA Malaysia.
QAS accreditation is designed to provide a level of assurance with regard to an organisation’s commitment to high quality actuarial work.
CMI notes overall mortality in line with pre-pandemic trend despite recent increase in COVID-19 deaths
20 October 2020
During the coronavirus pandemic, the Continuous Mortality Investigation (CMI) is publishing frequent UK mortality analysis through its mortality monitor. The latest update covers weeks 40 and 41 of 2020 (26 September to 9 October) based on provisional England & Wales deaths data published by the Office for National Statistics (ONS) on 20 October 2020.
The key points of this update are:
Certificate in Data Science: January bookings now open
19 October 2020
Book your place now on the January 2021 Certificate in Data Science programme.
One hundred members have already completed the programme and 200 are currently undertaking the programme as part of our second cohort.
Of the first cohort, 80% said that the programme content was relevant to their role and 81% agreed that, having completed the Certificate, they could confidently contribute to a conversation about data science in the actuarial field.
Improving timely analysis of UK COVID-19 cases by Specimen Date
19 October 2020
Any analysis of the currently available COVID-19 data needs to ignore case numbers for recent Specimen Dates. This is due to the delay in reporting test results. IFoA Fellows David Hindley and John Roberts have written an article explaining how a standard actuarial technique can be used to provide faster information regarding the trend of COVID-19 cases in the UK.