News
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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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A new approach towards emerging risk for life assurance
Mr Cantle suggested that the current approaches only work for risks which are already predicted but are weak at capturing emerging risks early in their development. The approach of Mr Cantle and his colleagues looks at how underlying risk factors are ... read more >>
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The Actuarial Profession establishes publishing partnership with Cambridge University Press
The Annals of Actuarial Science is a peer-reviewed journal which has been publishing research papers in all areas of actuarial science since 2006. The journal welcomes papers in any area of actuarial science or practice, especially papers that are applied ... read more >>
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Life cover for people living with HIV
Successful advances in new treatments have changed the survival curve of HIV positive people. Recent studies show that a group of HIV+ lives who respond well to the latest HAART (Highly Active Anti-Retroviral Therapy) are now considered an insurable ... read more >>
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Video: Ronnie Bowie on the challenges and opportunities for the profession
Ronnie Bowie, President of the Institute and Faculty of Actuaries, looks to the challenges and opportunities for the actuarial profession of the future. The video can be viewed here. ... read more >>
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The next generation of actuaries visit Staple Inn
The boys both have A* A level mathematics and both want to be actuaries. Last month, they spent a day with Ronnie and his colleagues at Hymans Robertson as they learned the actuarial ropes while being filmed for a Channel 4 documentary being shown this ... read more >>
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A warm welcome for new Fellows of the Institute and Faculty of Actuaries
The New Fellows ceremonies took place at Staple Inn Hall in London and were a truly international event with new Fellows from Switzerland, Ireland, Poland and South Africa taking part in the ceremonies. The road to Fellowship is long and arduous with ... read more >>
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Can car insurance pricing keep up with an increase in injury claims?
With some 85% of the UK motor insurance industry providing evidence and data to the report, much of the information is still being analysed. However the working party has already identified that while settlement rates across the industry are speeding up, ... 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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Waiting list for practical exams CT9, CA2 and CA3
Students will need to complete the waiting list application form indicating their preferences for time and location, though we can not guarantee to meet these. Important points to note: ... 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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Actuarial Profession calls for transparency and a rational approach to public sector pensions debate
Mr Bowie said: “The Profession welcomes his objective and reasoned approach, his rebuke of ‘simple, sloganistic approaches’ and his willingness to provide a set of general principles to shape the next stage of the Commission's work. ... 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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Professionalism event with the Cyprus Association of Actuaries, November 2010
It is expected that the two-day event will meet the recognition requirements for the following events of the Actuarial Profession: New Fellows’ professionalism course (day 1 + day 2, including dinner on Day 1) Associates’ professionalism course (day ... 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 >>
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News from the Financial Reporting Council, September 2010
Funeral plans exposure draft The consultations on the exposure drafts of the Insurance TAS and the Pensions TAS closed on 16 July 2010 and 21 May 2010 respectively. The BAS is now considering the responses and intends to publish the final Insurance and ... read more >>