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Speech from the Governor of the Bank of England, Andrew Bailey
Lincoln's Inn The Treasury Office, London WC2A 3TL1 December 2021The IFoA was pleased to host the Governor of the Bank of England, Andrew Bailey, who delivered a speech on delivering policyholder protection in insurance regulation. The speech was presented to an in-person audience, and simultaneously live-streamed.
The Webinar recording is now live. Watch the recording.
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Pensions Winter Forum: Practical aspects of blending annuities and drawdown in retirement
1 December 2021The IFoA Policy Briefing 'Can we help consumers avoid running out of money in retirement' examined the benefits of blending a lifetime annuity with income drawdown. Panellists, including providers and advisers, will look at the market practicalities of taking the actuarial theory through into the core advice propositions used by IFAs and Fund Managers. They will share a number of practical issues such as investment consequences before and after retirement and the level of annuity that is appropriate and answer questions from the audience.
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What next for Mental Health in Insurance?
1 December 2021Content will be aimed at all actuaries looking to understand the issues surrounding mental health in insurance and in particular those looking to ensure products and processes widen access for, and are most useful to, those experiencing periods of poor mental health.
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This paper outlines key frameworks for reserving validation and techniques employed. Many companies lack an embedded reserve validation framework and validation is viewed as piecemeal and unstructured. The paper outlines a case study demonstrating how successful machine learning techniques will become and then goes on to discuss implications. The paper explores common validation approaches and their role in enhancing governance and confidence.
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Pioneering Roles for Actuaries in Health and Care
29 November 2021The role of actuaries within the health sector varies considerably from one country to another, due to differences in the local evolution of health systems and the funding models for health services.
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Life 2021 Webinar Series
Online22 November 2021 - 26 November 2021Join leading experts to discuss key issues, emerging ideas, and new research across the Life insurance sector.
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GIRO 2021 Webinar Series
Online8 November 2021 - 19 November 2021Join leading experts to discuss key issues, emerging ideas and new research across the general insurance sector.
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Proposals for changes to the regulatory framework on climate change and sustainability
11 November 2021This is a free webinar with an expert panel providing their views on the ongoing IFoA consultation for proposals regarding changes to the regulatory framework on climate change and sustainability.
The regulatory consultation sets out, for feedback some proposed approaches that the IFoA are considering in relation to charter commitments under the UK’s Green Finance Education Charter (GFEC) and the regulatory framework, including the Actuaries’ Code.
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The climate crisis and the degradation of our planet will affect societies everywhere. How we address these threats will require solutions that transcend borders. As a global profession, the actuarial community is well-placed to consider and propose effective risk management solutions to help manage the climate crisis.
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The importance of biodiversity for finance, business and policy is being increasingly recognised. While many studies highlight the overall economic impact that biodiversity loss could have, it is much more difficult to quantify and understand the particular impact that is may have on individual businesses or communities. The management and measurement of these risks is a field where actuaries are well placed to contribute.