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Life Board update - December 2021

Joshua Waters provides an update on the IFoA Life Board activities.

We welcomed Louise Pryor to the Life Board (a day after she met with BoE Governor Andrew Bailey), for an update on:

A key message was that 'Actuaries are well placed to understand the impact of climate on the wider economy because we’ve been thinking about long-term financial risks for the last 150 years.'

On Climate Change, we also discussed:

Recently we saw the Life Conference Webinar Series with 17 sessions and around 1,500 unique delegates signed up for at least one session. Sessions recordings are now available to view on the Life Online Learning Resource page.

On the regulatory front, we talked about:

Stephen Richards presented at the Life Sessional Meeting on how we can update mortality assumptions during the pandemic. In particular, how can we enhance annual time step models when experience is volatile from month to month.

I hope this helps to provide a summary of our activities, but please do get in touch with any of our Board or Working Party members if you would like to know more.

Click here to find out more about the IFoA Life Board and its activities