Consultation Paper Mortality and Morbidity Studies at the Institute and Faculty of Actuaries

Council has identified the growing importance of longevity risk to many financial entities and the increased number of providers of demographic experience analysis. In response, a working group was set up to make recommendations on how the Profession should respond to the challenges and opportunities of demographic experience analysis covering longevity, mortality and morbidity.

Chaired by Steven Nuttall, the working party has carried out initial analysis, which has found that there is a substantial number of activities already underway at the Profession.  It is now running a consultation from 2 November 2012 to 17 December 2012 with members to:

1. Build up a complete picture of activities undertaken by IFoA in respect of demographic experience data and analysis.
2. Seek views on the opportunities the Profession could explore within the existing framework and outputs.
3. Collate views on any gaps that the Profession could fill in future or areas of leading-edge research that the Profession should seek to progress.

More information on the consultation can be found here.