News
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Actuaries recognise Enterprise Risk Management Thought Leaders
The Institute and Faculty of Actuaries is to award ten actuaries with the Chartered Enterprise Risk Actuary (CERA) qualification in recognition of their exceptional roles as thought leaders in the field of enterprise risk management. ... read more >>
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Institute and Faculty of Actuaries accredits BSc in Actuarial Science at Hong Kong University
This is the first programme to be accredited in Asia and is an important milestone in the Profession’s programme of international activities. The accreditation will mean that students who graduate with this degree with the required marks in specified ... read more >>
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News from the Financial Reporting Council, January 2011
Publication of Transformations TAS The BAS published its Specific TAS on Transformations on 16 December 2010. The TAS applies to specified work in relation to both pension and insurance transformations, essentially where there is a change to members’ or ... read more >>
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Notice of public consultation meetings
Exposure Draft 24 of APS P1: Duties and Responsibilities of Actuaries Advising Pension Scheme Trustees (ED24 (APS P1)) Exposure Draft 25 of APS P2: Compliance Review: Pensions (ED25 (APS P2)) Two open consultation meetings have ... read more >>
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Publication of exposure drafts for APSs for pensions actuaries
The EDs are: • Exposure draft 24 of APS P1: Duties and responsibilities of actuaries advising pension scheme trustees (ED24 (APS P1)) • Exposure draft 25 of APS P2: Compliance review: Pensions (ED25 (APS ... read more >>
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Global enterprise risk management webinar announced
Featuring debates on lthe big issues in ERM, the Europe event will feature three leading figures from the European insurance industry: Karel van Hulle of the European Commission Alberto Corinti of the CEA Seamus ... read more >>
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Contingent capital in a post Solvency II world
Cormac Galvin and Richard Baddon began by explaining how many contingent capital structures aim to align regulatory with economic capital, their current treatment under Solvency I before going on to examine how transactions may be structured under Solvency ... read more >>
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Seizing the opportunity: the 2010 Presidential address, 19 November 2010
In his address, Ronnie Bowie, President of the Institute and Faculty of Actuaries, will set out his vision of how the Profession can achieve these goals. The event takes place at 15.30 on Friday 19 November 2010 at Staple Inn Hall. For more information, or ... read more >>
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Profession consults on practising certificate regime
The recommendations are being made by the practising certificate regime working party established by the Professional Regulation Executive Committee (PREC) to carry out a review of the current regime of practising certificates for reserved roles. The ... read more >>
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Actuarial Profession launches new CERA website
Aimed at those who already hold the qualification, actuaries and students with an interest in the qualification and employers and actuarial associations who are not currently part of the CERA treaty, the website will be a key tool in promoting the work of ... read more >>
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Car insurance price rises “unsurprising” say actuaries.
In July 2010, the working party issued interim findings of a report into the costs of third party claims, findings which did not look positive for the insurance industry. David Brown, chair of the working party, said: "The number of claims involving a ... read more >>
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Taking a fresh look at risk management
Alan Botterill retired earlier this year from his role as EMEA managing director of Towers Perrins's employee benefits and human resources business in which he has wide experience of global risk management. This article explains the importance of ... read more >>
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A message from the leader of the Scottish Board
The Scottish Board will champion and develop the actuarial community in Scotland We all want a thriving community of actuaries in Scotland, a community which feels and knows it has a purpose, a purpose which is recognised by actuaries and others, in ... read more >>
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Actuarial Profession announces funding for two enterprise risk management research projects
The Milliman and the universities of Bath and Bristol system centre project will examine risk appetite and hard to define risks. This project will be led by Neil Cantle. ... read more >>