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Videos and audio files of selected events relevant to all practice areas
2022

Mental health in insurance: Where are we as an industry and how can we improve?

The IFoA Mental Health working party look back over their week of blogs and podcasts considering all aspects of the relationship between mental health and life insurance. The expert panel spans adviser, underwriter and actuarial experience and they explore triggers for purchasing insurance relating to mental health, the various routes to insurance and how these may be more suited to different people depending on their conditions and preferences, the products and processes involved in purchasing these as well as what claims and support are available to policyholders and how to access them. The working party have also been considering what examples there are of best practice in the industry currently as well as what we can do to keep improving our products, practices and processes in this area. Panel: Kathryn Knowles, Lisa Balboa, Fraser Ballantine. Chair: John Brazier 

2021
September 2021 - Exam Preparation Techniques Webinar
This webinar will look at examination preparation techniques and the general principles of good examination techniques, for the September 2021 examinations Speakers: Sally Calder, Colin Thores (Char) Matthew Tennant
Behavioural Science Series: The actuary who is only an actuary is not an actuary
As part of the Behavioural Science Series, David Rooke will explore the leadership capacities and capabilities that may enable actuaries to successfully navigate the challenges of our times. He will discuss how actuaries can apply these principles to ensure the profession succeeds, flourishes, and plays a positive societal role in our global community. Following his presentation, David Rooke will be joined by Stephen Mann, CEO at the Institute and Faculty of Actuaries and Anusha Thavarajah, Allianz’s Regional Chief Executive Officer, Life and Health for Asia Pacific for a panel discussion around the themes of the session The panel will be chaired by Tan Suee Chieh.
Actuarial management of climate change risk - emerging good practice
Actuaries in all practice areas have had an “alert” to consider climate risk. A plethora of scenarios and tools are being developed both internally and as part of industry-wide initiatives but is there yet a sense of good practice? Speaker: Finn Clawson Chair: Peter Scolley

 

Actuarial Innovation in the COVID-19 Era
How have the IFoA and its members responded to Covid-19?
Louise Pryor, Colin Dutkiewicz, Matthew Edwards and Kathryn Morgan discuss why the IFoA COVID-19 Action Taskforce (ICAT) and the award-winning COVID-19 Actuaries Response Group (ARG) were established, how they now operate and what they have achieved. They will identify the highlights, and discuss lessons that have been learned. Speakers: Louise Pryor, President-elect; Colin Dutkiewicz, Aon; Matthew Edwards, Willis Towers Watson; Kathryn Morgan, Non Executive Director at Marshmallow
Is it better for a country to be fair or prosperous in a pandemic?
This session will explore the hypothesis “It is the level of equality (fairness) rather than the level of absolute wealth that has led to better health and economic outcomes from the COVID-19 pandemic.” The hypothesis is explored by correlating income inequality and GDP per capita with health and economic outcomes. The results are somewhat counterintuitive: more prosperous countries have experienced higher death rates and worse economic outcomes; so too have fairer countries. We find that fairer countries have seen “less bad” impacts than more prosperous countries. We seek to explore and explain some of the reasons why. We hope that our findings will trigger some interesting discussion and debate.
The prevalence of procyclicality in the financial industry
As part of the COVID-19 Action Group, our working party has researched over 50 academic and regulatory papers, in addition to new emerging evidence, in order to consider whether the financial services industry (primarily looking at pension schemes and insurers) exhibits procyclicality. The paper builds on previous research and validates past findings whilst offering new perspectives. Our presentation will run through the key aspects of our research (risk based capital regimes, credit ratings and specific investment strategies) and test 2 hypotheses in each of these areas.
 
Social Care: What have we learned from the pandemic and what lies ahead
This session will include the following elements and learning outcomes: understanding the epidemiology of outbreaks in Care Homes during the first wave, identifying those factors that drove the worst experience examining the range of initiatives that Care Homes have taken to limit potential further outbreaks and the extent to which these have been successful learnings from contrasting experiences of Care Homes in other countries (to include USA, Belgium, Germany) threats to the viability of individual Care Homes and the entire industry through additional requirements (reporting, staffing, protective gear) and changing attitudes towards elderly care assessment of likelihood of restricting/regulation driven by Social Care legislation insights on the likely impact on product development and consumer appetite for insurance solutions for Social Care
 
2020: The Year That Was
IFoA President Tan Suee Chieh will close the fortnight with his reflections on the pandemic and its impact on the IFoA and the wider profession. He will look back at the disruption caused by COVID-19 and set out his thoughts on how the IFoA reacted positively to the challenges that 2020 posed. He will be joined by Stuart MacDonald, Nicola Oliver, Grahame Stott and Colin Dutkiewicz in exploring lessons learnt and debating on how future communities can be encouraged within the IFoA umbrella.
A year in the life of an Actuary by day
Stuart McDonald has played a central role in the profession’s response to the pandemic, co-founding the COVID-19 Actuaries Response Group as well as co-steering an IFoA team providing support to SAGE. He has taken actuarial insights well beyond our usual stakeholder group with regular radio appearances and a high social media profile, and produced useful and memorable statistics which have been publicly quoted by the UK Chief Medical Officer and the Prime Minister. In a personal narrative, Stuart will reflect on his experiences during the pandemic and what he has learned about clear communication of technical material in the face of uncertainty.
Helping Stop Disasters Destroying Lives: The Crisis Lookout Coalition
A webinar introducing the Crisis Lookout Coalition (www.crisislookout.org) The Crisis Lookout Coalition is calling for a new form of international collaboration for the worst disasters, where an entire country's ability to save lives and meet the immediate needs of its citizens would be overwhelmed. The collaboration would better predict risks, such as large pandemics, floods, droughts, and agree in advance the financial support that would be needed to help affected communities. Understanding these risks and planning financially for them would require a multidisciplinary approach, and actuarial skills can play an important part in this. Anticipated outcomes: awareness of the Crisis Lookout Coalition and its vision and proposals increased understanding of the limitations of the current crisis financing system, and how effective disaster risk finance can address these increased awareness of the wider applicability of actuarial skills
Whose Health is it Anyway?
Covid-19 has shown how vulnerable society, our economy, and day-to-day lives are to illness, but despite this we have not valued the pivotal role of good health. In this talk, former Chief Medical Officer for England, Dame Sally Davies, and public health doctor Jonathan Pearson-Stuttard will outline why health is truly our most untapped opportunity for prosperity and happiness in the 21st century, individually and jointly as whole nations.
 
Government Response to COVID-19
Join this session to find out about some of the government’s responses to COVID-19 and how the Government Actuary’s Department (GAD) has assisted by employing its actuarial skills and expertise. We will provide insights on some of the direct impacts from COVID-19, its knock-on effects on the insurance market and the private sector. In this talk the following topics are covered: -Modelling infection rates and protecting vulnerable groups for the Department of Health and Social Care; -Addressing unaffordable premiums or unavailable insurance with a case study on designated settings in care homes; -Improving government backed insurance guarantees with the UKGI Contingent Liability Central Capability (CLCC) function; -British Business Bank (BBB) and Trade Credit Insurance; and -Film and TV Production restart scheme.
Panel Discussion: Beyond the numbers: the use of data and statistics in informing policymaking during a pandemic
Join this expert panel to gain an insight into some of the challenges around the use of statistics and datasets during the pandemic. Much has been made of the use of data to inform policymaking and policy decisions over the last year. Key decisions will continue to be made as nations emerge from lockdown and more will be understood about the impact of the virus and its consequences – both economic and social
Emergency Epidemiology: Research with Little Data and Even Less Time
In this talk, the speakers (both from the COVID-19 Actuaries Response Group) look at how epidemiology helped to tackle the pandemic, despite (initially) little data and (all the time) little time. Topics covered include: early studies on infectiousness and mortality, and their weaknesses laying down data-collection programs how the precautionary principle should work, and whether it can be reversed (with reference to face masks and vitamin D) how different countries approached the '1 or 2 dose' question with the vaccine how the virus's mutations are identified and researched.

Hospital Capacity Management – Modelling the Front Line with Nottingham University Hospital
This presentation will map how Nottingham University Hospital managed the surges in COVID patients over the last year. This will include the benefit of previous links to Chinese respiratory doctors and the difficult trade off of other critical treatment. Of particular focus will be the triage of daily capacity management using NUH internal modelling, NHS projections and external independent actuarial pandemic modelling.

A Mental Health 'Loose Wo(men)' Event
This 'Loose Women' style event, with an adviser, development underwriter, business development actuary and mental health charity expert, will openly discuss the topic of mental health. We will discuss how mental health is viewed from each of our specialisms, and determine where our views are symbiotic and where they diverge in order to develop an understanding of different perspectives and discussion points for learning. The audience will hear alternative views on how to approach insurance for people living with mental health. For example: does data modelling support mental health in modern society? are we asking the right questions about mental health? what classes as disclosable anxiety? what support should be offered to help a client that is seen as vulnerable? This session will bring people from different stages of the insurance journey together, so that we can learn from each other. Our respective counterparts in the audience can hear from ‘the other side’ too. Panellists include: Kathryn Knowles, Managing Director, Cura Financial Services Sarah Murphy, Associate Director, Rethink Matt Rann, Director, Rann Risk Consulting Lisa Balboa, Business Development Acutary, Hannover Re
Long COVID and the implications for the future of healthcare
The term ‘Long COVID’ refers to a set of symptoms that persist beyond 12 weeks in those who have had COVID-19, with prevalence ranging anywhere from 10-90% depending on the population. These symptoms are reported by those who have had mild illness through to severe disease and include reports of joint and muscle pain, fatigue, headaches, shortness of breath, and inability to concentrate, with diagnoses of heart disease, neurological disease and lung damage. In this presentation we will describe the clinical aspects of this condition, the prevalence and predictors of risk, and consider the future morbidity burden that may be experienced. It will also propose potential ways to model that burden and the challenges of meeting this emerging and novel health need within the health system. Speakers: Nicola Oliver and Josephine Robertson, members of the COVID-19 Actuaries Response Group (ARG)
Meta-research on COVID-19 models – methods and results of PAN1 reviews

PAN1 was formed with the objective of conducting meta-research on COVID-19 models, by identifying models relevant to actuaries, performing rigorous reviews, and documenting their biases and limitations. Numerous models of variable quality have been published within months, and as the pandemic evolves rapidly, there is the risk that model assumptions become dubious, or that incorrect conclusions are drawn from inappropriate usage of models. We will introduce the concepts relating to meta-research and discuss issues arising at the interface of science, media and policy. To date, our workstream has identified and classified ~25 pandemic models. We developed and applied a standardised review procedure, based on actuarial validation and academic critical appraisal processes. Each model was independently reviewed by two members, according to a model evaluation framework designed to extract relevant information, then critically appraise the data, assumptions, model structure and results (with accompanying scoring systems). Pairs of reviewers then consolidated their reviews and summarised key conclusions and limitations of the models, disseminated through: (1) a website, (2) a short summary report, and (3) engaging with other IFoA groups and industry. We will demonstrate how to rapidly access our findings through the website, and how they can be used in actuarial contexts. Speakers: Mei Sum Chan, University of Oxford; Natasha Naidoo, Generali UK; and David Shaffer, Just

Future Mortality Impacts of the Pandemic joined by speakers from the Society of Actuaries in Ireland COVID-19 Action Group
The immediate impact of COVID-19 has been thoroughly monitored, assessed and publicised. Research has (quite rightly) focussed on how we, as a society, deal with the immediate challenges that it presents. But as hope grows that we can bring the pandemic under control, what can we expect in terms of longer term impacts on mortality? In this session Joseph and Andrew will consider the challenges facing actuaries needing to set long-term mortality assumptions, consider what we already know, and where some of the greatest areas of uncertainty lie. The Society of Actuaries in Ireland have carried out analysis work on excess mortality from COVID in Ireland and this may be of interest to UK members for comparison purposes. Speakers, Andrew Gaches, Hymans Robertson, Joseph Lu, Legal & General and Caroline Twomey, Deloitte
Impact of Covid-19 on the assumption setting in Life Insurance
Life 3 ICAT Workstream in 2020 researched the impact of the current pandemic on the assumption setting process for Life insurers. A set of articles has been published in October and November 2020 by the workstream, in order to draw the market’s attention to additional factors that may need to be taken into account when setting the YE2020 assumptions. The workstream’s research did not cover mortality and morbidity assumptions due to dedicated workstreams looking specifically at these two assumptions. We propose to cover the key highlights of our last year’s publications and a fresh overlay of views resulting from the pandemic still continuing. The presentation can be expected to discuss areas researched by the workstream such as: the impact of COVID-19 on life insurance new business assumptions additional considerations for with-profits products bonus setting assumptions considerations for lapse and expense assumptions impact of the pandemic on margins over and above best estimate and unit-linked charge assumptions considerations for resulting impacts on business mix and product offering. Speakers: Marino Savvides, Manager - Life Actuarial & Risk, Mazars; Natalia Mirin, Senior Life Actuary, Mazars; Justine Morrissey, Non Executive Director (Anglo-Saxons Friendly Society and SAGIC)

Social Protection Initiatives and COVID-19 in Africa
This webinar will focus on the challenges for social protection safety nets in Africa resulting from the pandemic and the potential for policymakers to respond with innovative solutions. An actuarial perspective on these challenges will prove valuable. There will be contributions from actuaries working in a number of countries across Africa as well as input from the IFoA’s Social Security taskforce.

Speakers: Chris Sutton, Queen Mary University London; Laura Llewellyn-Jones, Callund Consulting; Tawanda Chituku, Consulting Actuary,  Sundeep Raichura, Zamara Actuaries, Edwin Mulenga, Reserve Bank of Malawi, Barry Childs, FASSA, Dr Taonaziso, University of Zambia, Donald Hove, President of the Actuarial Society, Zimbabwe and Stephen Moncrief, MonActs Ltd

 

 

2015

Momentum Conference 2015
2 - 4 December 2015, video

Videos available are:

Plenary 1: We Need to Talk about Sustainability - How are Actuaries going to Face Climate Change and Other 21st Century Issues
Speakers: Nico Aspinall, Towers Watson and Louise Pryor

Plenary 2: Behavioural Finance and Retirement Decision Making
Speaker: Iain Clacher, Leeds University Business School

Plenary 3: Expert Judgement
Speakers: Kieran Barnes, Bank of England and Stephen Makin, Hymans Robertson

Plenary 4: A Career as a Chief Investment Officer - Could You Have What it Takes?
Speakers: Jan Coetzee, Swiss Re; Alasdair MacDonald, Towers Watson and Ian McKinlay, Lloyds Banking Group

2013
Autumn Lecture: Scotland's Public Service
Affordability, Challenge and Opportunity
Robert Black

7 October 2013, video
Practical Guidance for Volunteers on Issues Relating to Competition Law
Download the accompanying slides.
6 August 2013, video
Presidential Address: David Hare
Download the transcript
24 June 2013, video
Annual General Meeting
Download the transcript.
24 June 2013, audio
NED MIG Panel Discussion: Diversity in the Boardroom
10 June 2013, audio
Spring Lecture 2013
9 May 2013, video
Achieving your First Non-Executive Director Appointment
18 March 2013, audio
OCF Open Forum: Our Profession, Our Future
13 February 2013, audio
The Effects of 'Limits to Growth' on Financial Markets and Consequential Impacts on Actuarial Advice
17 January 2013, video
2012
Professionalism: Should You Speak Up or Should You Blow the Whistle? How Do You Decide?
28 February 2012, audio

 

Actuarial Innovation in the COVID-19 Era
How have the IFoA and its members responded to Covid-19?
Louise Pryor, Colin Dutkiewicz, Matthew Edwards and Kathryn Morgan discuss why the IFoA COVID-19 Action Taskforce (ICAT) and the award-winning COVID-19 Actuaries Response Group (ARG) were established, how they now operate and what they have achieved. They will identify the highlights, and discuss lessons that have been learned. Speakers: Louise Pryor, President-elect; Colin Dutkiewicz, Aon; Matthew Edwards, Willis Towers Watson; Kathryn Morgan, Non Executive Director at Marshmallow
Is it better for a country to be fair or prosperous in a pandemic?
This session will explore the hypothesis “It is the level of equality (fairness) rather than the level of absolute wealth that has led to better health and economic outcomes from the COVID-19 pandemic.” The hypothesis is explored by correlating income inequality and GDP per capita with health and economic outcomes. The results are somewhat counterintuitive: more prosperous countries have experienced higher death rates and worse economic outcomes; so too have fairer countries. We find that fairer countries have seen “less bad” impacts than more prosperous countries. We seek to explore and explain some of the reasons why. We hope that our findings will trigger some interesting discussion and debate.
The prevalence of procyclicality in the financial industry
As part of the COVID-19 Action Group, our working party has researched over 50 academic and regulatory papers, in addition to new emerging evidence, in order to consider whether the financial services industry (primarily looking at pension schemes and insurers) exhibits procyclicality. The paper builds on previous research and validates past findings whilst offering new perspectives. Our presentation will run through the key aspects of our research (risk based capital regimes, credit ratings and specific investment strategies) and test 2 hypotheses in each of these areas.
 
Social Care: What have we learned from the pandemic and what lies ahead
This session will include the following elements and learning outcomes: understanding the epidemiology of outbreaks in Care Homes during the first wave, identifying those factors that drove the worst experience examining the range of initiatives that Care Homes have taken to limit potential further outbreaks and the extent to which these have been successful learnings from contrasting experiences of Care Homes in other countries (to include USA, Belgium, Germany) threats to the viability of individual Care Homes and the entire industry through additional requirements (reporting, staffing, protective gear) and changing attitudes towards elderly care assessment of likelihood of restricting/regulation driven by Social Care legislation insights on the likely impact on product development and consumer appetite for insurance solutions for Social Care
 
2020: The Year That Was
IFoA President Tan Suee Chieh will close the fortnight with his reflections on the pandemic and its impact on the IFoA and the wider profession. He will look back at the disruption caused by COVID-19 and set out his thoughts on how the IFoA reacted positively to the challenges that 2020 posed. He will be joined by Stuart MacDonald, Nicola Oliver, Grahame Stott and Colin Dutkiewicz in exploring lessons learnt and debating on how future communities can be encouraged within the IFoA umbrella.
A year in the life of an Actuary by day
Stuart McDonald has played a central role in the profession’s response to the pandemic, co-founding the COVID-19 Actuaries Response Group as well as co-steering an IFoA team providing support to SAGE. He has taken actuarial insights well beyond our usual stakeholder group with regular radio appearances and a high social media profile, and produced useful and memorable statistics which have been publicly quoted by the UK Chief Medical Officer and the Prime Minister. In a personal narrative, Stuart will reflect on his experiences during the pandemic and what he has learned about clear communication of technical material in the face of uncertainty.
Helping Stop Disasters Destroying Lives: The Crisis Lookout Coalition
A webinar introducing the Crisis Lookout Coalition (www.crisislookout.org) The Crisis Lookout Coalition is calling for a new form of international collaboration for the worst disasters, where an entire country's ability to save lives and meet the immediate needs of its citizens would be overwhelmed. The collaboration would better predict risks, such as large pandemics, floods, droughts, and agree in advance the financial support that would be needed to help affected communities. Understanding these risks and planning financially for them would require a multidisciplinary approach, and actuarial skills can play an important part in this. Anticipated outcomes: awareness of the Crisis Lookout Coalition and its vision and proposals increased understanding of the limitations of the current crisis financing system, and how effective disaster risk finance can address these increased awareness of the wider applicability of actuarial skills
Whose Health is it Anyway?
Covid-19 has shown how vulnerable society, our economy, and day-to-day lives are to illness, but despite this we have not valued the pivotal role of good health. In this talk, former Chief Medical Officer for England, Dame Sally Davies, and public health doctor Jonathan Pearson-Stuttard will outline why health is truly our most untapped opportunity for prosperity and happiness in the 21st century, individually and jointly as whole nations.
 
Government Response to COVID-19
Join this session to find out about some of the government’s responses to COVID-19 and how the Government Actuary’s Department (GAD) has assisted by employing its actuarial skills and expertise. We will provide insights on some of the direct impacts from COVID-19, its knock-on effects on the insurance market and the private sector. In this talk the following topics are covered: -Modelling infection rates and protecting vulnerable groups for the Department of Health and Social Care; -Addressing unaffordable premiums or unavailable insurance with a case study on designated settings in care homes; -Improving government backed insurance guarantees with the UKGI Contingent Liability Central Capability (CLCC) function; -British Business Bank (BBB) and Trade Credit Insurance; and -Film and TV Production restart scheme.
Panel Discussion: Beyond the numbers: the use of data and statistics in informing policymaking during a pandemic
Join this expert panel to gain an insight into some of the challenges around the use of statistics and datasets during the pandemic. Much has been made of the use of data to inform policymaking and policy decisions over the last year. Key decisions will continue to be made as nations emerge from lockdown and more will be understood about the impact of the virus and its consequences – both economic and social
Emergency Epidemiology: Research with Little Data and Even Less Time
In this talk, the speakers (both from the COVID-19 Actuaries Response Group) look at how epidemiology helped to tackle the pandemic, despite (initially) little data and (all the time) little time. Topics covered include: early studies on infectiousness and mortality, and their weaknesses laying down data-collection programs how the precautionary principle should work, and whether it can be reversed (with reference to face masks and vitamin D) how different countries approached the '1 or 2 dose' question with the vaccine how the virus's mutations are identified and researched.

Hospital Capacity Management – Modelling the Front Line with Nottingham University Hospital
This presentation will map how Nottingham University Hospital managed the surges in COVID patients over the last year. This will include the benefit of previous links to Chinese respiratory doctors and the difficult trade off of other critical treatment. Of particular focus will be the triage of daily capacity management using NUH internal modelling, NHS projections and external independent actuarial pandemic modelling.

A Mental Health 'Loose Wo(men)' Event
This 'Loose Women' style event, with an adviser, development underwriter, business development actuary and mental health charity expert, will openly discuss the topic of mental health. We will discuss how mental health is viewed from each of our specialisms, and determine where our views are symbiotic and where they diverge in order to develop an understanding of different perspectives and discussion points for learning. The audience will hear alternative views on how to approach insurance for people living with mental health. For example: does data modelling support mental health in modern society? are we asking the right questions about mental health? what classes as disclosable anxiety? what support should be offered to help a client that is seen as vulnerable? This session will bring people from different stages of the insurance journey together, so that we can learn from each other. Our respective counterparts in the audience can hear from ‘the other side’ too. Panellists include: Kathryn Knowles, Managing Director, Cura Financial Services Sarah Murphy, Associate Director, Rethink Matt Rann, Director, Rann Risk Consulting Lisa Balboa, Business Development Acutary, Hannover Re
Long COVID and the implications for the future of healthcare
The term ‘Long COVID’ refers to a set of symptoms that persist beyond 12 weeks in those who have had COVID-19, with prevalence ranging anywhere from 10-90% depending on the population. These symptoms are reported by those who have had mild illness through to severe disease and include reports of joint and muscle pain, fatigue, headaches, shortness of breath, and inability to concentrate, with diagnoses of heart disease, neurological disease and lung damage. In this presentation we will describe the clinical aspects of this condition, the prevalence and predictors of risk, and consider the future morbidity burden that may be experienced. It will also propose potential ways to model that burden and the challenges of meeting this emerging and novel health need within the health system. Speakers: Nicola Oliver and Josephine Robertson, members of the COVID-19 Actuaries Response Group (ARG)
Meta-research on COVID-19 models – methods and results of PAN1 reviews

PAN1 was formed with the objective of conducting meta-research on COVID-19 models, by identifying models relevant to actuaries, performing rigorous reviews, and documenting their biases and limitations. Numerous models of variable quality have been published within months, and as the pandemic evolves rapidly, there is the risk that model assumptions become dubious, or that incorrect conclusions are drawn from inappropriate usage of models. We will introduce the concepts relating to meta-research and discuss issues arising at the interface of science, media and policy. To date, our workstream has identified and classified ~25 pandemic models. We developed and applied a standardised review procedure, based on actuarial validation and academic critical appraisal processes. Each model was independently reviewed by two members, according to a model evaluation framework designed to extract relevant information, then critically appraise the data, assumptions, model structure and results (with accompanying scoring systems). Pairs of reviewers then consolidated their reviews and summarised key conclusions and limitations of the models, disseminated through: (1) a website, (2) a short summary report, and (3) engaging with other IFoA groups and industry. We will demonstrate how to rapidly access our findings through the website, and how they can be used in actuarial contexts. Speakers: Mei Sum Chan, University of Oxford; Natasha Naidoo, Generali UK; and David Shaffer, Just

Future Mortality Impacts of the Pandemic joined by speakers from the Society of Actuaries in Ireland COVID-19 Action Group
The immediate impact of COVID-19 has been thoroughly monitored, assessed and publicised. Research has (quite rightly) focussed on how we, as a society, deal with the immediate challenges that it presents. But as hope grows that we can bring the pandemic under control, what can we expect in terms of longer term impacts on mortality? In this session Joseph and Andrew will consider the challenges facing actuaries needing to set long-term mortality assumptions, consider what we already know, and where some of the greatest areas of uncertainty lie. The Society of Actuaries in Ireland have carried out analysis work on excess mortality from COVID in Ireland and this may be of interest to UK members for comparison purposes. Speakers, Andrew Gaches, Hymans Robertson, Joseph Lu, Legal & General and Caroline Twomey, Deloitte
Impact of Covid-19 on the assumption setting in Life Insurance
Life 3 ICAT Workstream in 2020 researched the impact of the current pandemic on the assumption setting process for Life insurers. A set of articles has been published in October and November 2020 by the workstream, in order to draw the market’s attention to additional factors that may need to be taken into account when setting the YE2020 assumptions. The workstream’s research did not cover mortality and morbidity assumptions due to dedicated workstreams looking specifically at these two assumptions. We propose to cover the key highlights of our last year’s publications and a fresh overlay of views resulting from the pandemic still continuing. The presentation can be expected to discuss areas researched by the workstream such as: the impact of COVID-19 on life insurance new business assumptions additional considerations for with-profits products bonus setting assumptions considerations for lapse and expense assumptions impact of the pandemic on margins over and above best estimate and unit-linked charge assumptions considerations for resulting impacts on business mix and product offering. Speakers: Marino Savvides, Manager - Life Actuarial & Risk, Mazars; Natalia Mirin, Senior Life Actuary, Mazars; Justine Morrissey, Non Executive Director (Anglo-Saxons Friendly Society and SAGIC)

Social Protection Initiatives and COVID-19 in Africa
This webinar will focus on the challenges for social protection safety nets in Africa resulting from the pandemic and the potential for policymakers to respond with innovative solutions. An actuarial perspective on these challenges will prove valuable. There will be contributions from actuaries working in a number of countries across Africa as well as input from the IFoA’s Social Security taskforce.

Speakers: Chris Sutton, Queen Mary University London; Laura Llewellyn-Jones, Callund Consulting; Tawanda Chituku, Consulting Actuary,  Sundeep Raichura, Zamara Actuaries, Edwin Mulenga, Reserve Bank of Malawi, Barry Childs, FASSA, Dr Taonaziso, University of Zambia, Donald Hove, President of the Actuarial Society, Zimbabwe and Stephen Moncrief, MonActs Ltd

 

 

2015

Momentum Conference 2015
2 - 4 December 2015, video

Videos available are:

Plenary 1: We Need to Talk about Sustainability - How are Actuaries going to Face Climate Change and Other 21st Century Issues
Speakers: Nico Aspinall, Towers Watson and Louise Pryor

Plenary 2: Behavioural Finance and Retirement Decision Making
Speaker: Iain Clacher, Leeds University Business School

Plenary 3: Expert Judgement
Speakers: Kieran Barnes, Bank of England and Stephen Makin, Hymans Robertson

Plenary 4: A Career as a Chief Investment Officer - Could You Have What it Takes?
Speakers: Jan Coetzee, Swiss Re; Alasdair MacDonald, Towers Watson and Ian McKinlay, Lloyds Banking Group

2013
Autumn Lecture: Scotland's Public Service
Affordability, Challenge and Opportunity
Robert Black

7 October 2013, video
Practical Guidance for Volunteers on Issues Relating to Competition Law
Download the accompanying slides.
6 August 2013, video
Presidential Address: David Hare
Download the transcript
24 June 2013, video
Annual General Meeting
Download the transcript.
24 June 2013, audio
NED MIG Panel Discussion: Diversity in the Boardroom
10 June 2013, audio
Spring Lecture 2013
9 May 2013, video
Achieving your First Non-Executive Director Appointment
18 March 2013, audio
OCF Open Forum: Our Profession, Our Future
13 February 2013, audio
The Effects of 'Limits to Growth' on Financial Markets and Consequential Impacts on Actuarial Advice
17 January 2013, video
2012
Professionalism: Should You Speak Up or Should You Blow the Whistle? How Do You Decide?
28 February 2012, audio

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