News
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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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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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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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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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New Chartered Enterprise Risk Actuary (CERA) qualification
The Profession's ST9 exam will be the basis for CERA status awarded by the UK Profession, and could also be used in the future by other national actuarial associations. ... read more >>
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Risk and investment conference, 2011. Research topics
Also please let us know if you have any other research suggestions. ERM topics Notify mark.symons@actuaries.org.uk ... read more >>
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Actuarial qualification is the ideal path for students considering a career in risk management
Actuaries are experts in risk, and the rise of risk management to the top of the financial services business agenda offers unprecedented career opportunities for the profession. Increasing regulation in actuaries’ traditional career areas of pensions and ... read more >>
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Weak pound and strong manufacturing demand likely to lead UK toward winter recover, economist predicts
In a plenary session titled The Economy – Where are we now and how did we get here?, Mr Spencer, of the University of York, said the bailout had paved the way for a shorter and less dramatic breakdown than might have occurred in the financial sector. He ... read more >>
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Actuary urges new approach to financial modelling
In a workshop titled Financial Modelling Needs to Change in Light of the Credit Crunch, Institute of Actuaries Fellow Martyn Dorey, from CAMRADATA Analytical Services, said financial models should be based on an ‘economic clock’ rather than the calendar ... read more >>
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Future of risk management discussed at Global Financial Crisis Seminar
Speakers at the seminar at Staple Inn covered financial modelling, systemic risk and the lack of commonsense in risk management in the past. Delegates included researchers, regulators, actuaries and mathematicians. Faculty of Actuaries President Ronnie ... read more >>
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The lure of fool's gold, the madness of crowds and poor regulation helped lead to recession
In their discussion, Ronnie Bowie, President of the Faculty of Actuaries, Nigel Masters, President of the Institute of Actuaries and Paul Sweeting, Professor of Actuarial Science at the University of Kent examined the factors which led to the current ... read more >>
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Hyderabad Treaty launches new risk management credential globally
The launch was marked by Ronnie Bowie, President of the Faculty of Actuaries, and Nigel Masters, President of the Institute of Actuaries, signing a multilateral treaty in Hyderabad, India, during meetings of the International Actuarial Association ... read more >>
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Understanding of systemic risk vital to avoiding future financial crises
The paper, presented at a meeting of the Institute of Actuaries on 7 December 2009, shows just how risks materialising in one part of the financial system can have a widespread impact, affecting other financial markets and institutions and the broader ... read more >>
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Principles of enterprise risk management of crucial importance to financial service providers
This is the message of a timely report, ERM for insurance companies - adding the investor's point of view, which will be presented to a sessional meeting of the Institute of Actuaries on Monday 25 January. The paper will examine how the fundamentals of ... read more >>
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