You are here

Thought leadership: actuarial science research and knowledge hub

Current research activities

The IFoA places the advancement of actuarial science at the heart of its activities by commissioning and funding research that:

  • advances actuarial science as a subject
  • supports industry practitioners
  • helps inform evidence-based public policy development

Cutting edge Actuarial Research Centre (ARC) research projects have produced interesting outputs addressing some of the key challenges in actuarial science.

Find out more on:

Modelling measurement and management of longevity and morbidity risk

Using big health and actuarial data for understanding longevity and morbidity risks

Minimising longevity and investment risk while optimising future pension plans

Behavioural finance

Future research activity

Over the next few years the IFoA has identified two additional areas it would like to research:

Economic modelling

Actuarial practitioners have traditionally utilised conventional economic theory to identify the approach to adopt in economic and financial issues. The experience of the 2008 economic and financial crisis challenged conventional economic tools, with other schools of economic thought brought into sharp focus.  In the first instance, a survey of current practice amongst actuarial practitioners has been commissioned, with a view to undertaking a wider research project later.

More on economic modelling

Equity release mortgages

The Institute and Faculty of Actuaries (IFoA) and the Association of British Insurers (ABI), through the Actuarial Research Centre (ARC), has recently commissioned a research project on Equity Release Mortgages: No Negative Equity Guarantee. The call for tender closed on 7th September 2018. Read the call document

 More information on this jointly commissioned research project will be available shortly.

Periodical Payment Orders

Periodical Payment Orders (PPOs) are a significant feature of insurers' and reinsurers' balance sheets already. PPOs are having an impact on the UK insurance and reinsurance industry and on pricing and capital modelling efforts of GI actuaries. In the first instance, a feasibility study will be carried out which will: a) lead to the compilation of mortality tables for lives who have suffered the types of traumatic injury that give rise to PPO awards and b) Identify the most appropriate health database(s) that can be used to compile these tables, e.g. the THIN and/or CPRD GP data sets.

More information on  the PPOs project will be available shortly.

Further reading, videos and audio recordings:

IFoA Actuarial Knowledge Hub and electronic resources

Resources in the IFoA eLibrary are available to members and affiliates who login using their IFoA website credentials. Member users then join the IFoA Actuarial Knowledge Hub, an integrated search resource that can assist with study, research and Lifelong Learning. (The Actuarial Knowledge Hub is free for all to search, with a login at the top enabling IFoA members to access full text in search results.)

The Hub brings together several distinct sources of research in actuarial science in one search:

  • the online journals and ebooks available to IFoA members
  • the IFoA library catalogue and its 20,000 records of pronted books and resources and over 30,000 abstracts and references to journals worldwide, built up over many decades by library staff
  • the catalogue includes rare books and historic pamphlets collected by the Insitute and Faculty since their formation - a unique archive devoted to the origins and development of actuarial science
  • thousands of relevant references from research databases across the world

Find out more about the full range of library services, both online and on-site. 

To support Lifelong Learning, keep abreast of current actuarial work and its impact.

Increase your knowledge and awareness of current topics in these areas:

The IFoA's Actuarial Knowledge Hub, Library Catalogue and Subject Search offer prepared searches to find recent publications across the practice areas.

Keep up to date in scholarly research by reading the IFoA's journals:

Recent event:

Actuarial Research Centre -  2018 Webinar Series    

Following the successful launch of the 2017 ARC webinar series, the IFoA ran a further successful series in 2018 to once again showcase its most cutting edge research programmes addressing some significant challenges in actuarial science. Details of the 2018 webinars are available on the ARC webinar page.  Recordings are available to view now on the IFoA’s on line resources web page for members and the ARC's YouTube channel for non-members.

Want to stay up to date with the latest in ARC and IFoA research? View our ARC webpages, and sign up for our quarterly newsletter by e-mailing research@actuaries.org.uk.

Lifelong Learning and Continuing Professional Development

When this learning is relevant to your work or role and addresses a personal development area, this can also be used to meet your Continuing Professional Development (CPD) requirements.

Review the CPD Scheme requirements

Filter or search events

Start date
E.g., 23/09/2020
End date
E.g., 23/09/2020

Events calendar

  • Asia Conference Webinar Series

    Webinars
    7 September 2020 - 25 September 2020

    Spaces available

    There will be a prestigious line-up of international speakers discussing the insurance and financial industry’s innovation and change in Asia.  The conference will take place throughout September via an online platform. The webinars consist of plenary speaking sessions and a series of workshop sessions including Life, GI, Data Science, Sustainability, Risk Management and Investment.

    This will be the perfect opportunity for you to discover,ask questions and be at the forefront of current and developing actuarial/financial topics and trends in Asia.

     

  • Spaces available

    This free 90 minute webinar is designed to support the IFoA CPD Co-ordinators, and others, involved in supporting our members to achieve their CPD requirements. 

    The programme will include an overview of the new CPD Scheme; specifically sharing with you key messages to support you implement and embrace the new CPD Scheme for our members within your organisation and regional community; how to arrange a reflective practice discussion; and an interactive reflective practice discussion learning exercise.  In addition, delegates will gain information about accessing, and making the most of the IFoA event Toolkits which you can make use of to run your own in-house events and events for regional communities. 

  • Spaces available

    16.00-17.00 GMT+8

    Consumer expectations are changing Insurance. The Royal Commission in Australia, Design Obligations in the UK, the insurtech ecosystem, and digital-first consumers demanding personalised solutions will all revolutionise how insurance looks like in the future.

  • Spaces available

    12.00-13.00 GMT+8

    This presenter / panel workshop hybrid will be anchored by two presentations examining the socioeconomic, medical and technological factors that will have a significant impact on mortality and our pricing over the next 20 years and beyond. It will also discuss whether significant mortality improvement will continue in Asia or whether varying experience of low improvements or deterioration. 

  • Spaces available

    12.00-13.00 GMT+8

    This presentation aims to provides an overview of the reformation of current Chinese regulatory solvency regime, how industry coping with the new normal after pandemic time and how the reformation of the regulation could help the insurance industry gets back on its feet as well as coming back to the “protection” core value for the policyholders. The presentation would include:

  • Spaces available

    16.00-17.00 (GMT+8) | 09.00-10.00 (BST)

    The basic data of China’s 2nd Critical Illness Mortality Table covers 2000+ products in Chinese market, including about 340 million insurance policies and 5.1 million claimants. Presenter will give the audience a general understanding including but not limited to the following contents:

  • Autumn Lecture 2020: Professor Elroy Dimson

    Online webinar
    14 October 2020

    Spaces available

    Many individuals and institutions have a long-term focus, and invest funds for the benefit of future generations. Their strategy should reflect their long horizon. University endowments are one of the oldest classes of institutional investor, and I will present the first study of the management of these endowments over the very long term.

  • GIRO Conference 2020 Webinar Series

    Available to watch globally in November.
    02-13 November 2020
    Spaces available

    This year's GIRO has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the general insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's GI Online Learning Resource area.

  • Spaces available

    Cash-flow driven investing is a game-changer for DB pension funds navigating their end-game. Suitable for sponsors who want to reduce risks on their balance sheets. And for trustees, it shifts the focus to providing greater certainty of returns, managing funding level volatility and ensuring they have enough income to pay cash-flow requirements.

  • Spaces available

    The talk will provide an understanding of the priorities and relationships between deficit reduction contributions, in the context of wider scheme funding, and different types of value outflow from the employer based on the working party’s recently published report.