Actuarial Risk Principles

Notice is hereby given that the Annual General Meeting of the Institute and Faculty of Actuaries will be held online via a live webinar on Monday 15 June 2020. This will be followed by a Q&A session with the IFoA Leadership Team.

This session will focus on two important IFoA developments: the new Actuarial Monitoring Scheme (AMS) and the outcome of its substantive review into the CPD scheme. 

Technical Issues in General Insurance

Part of the Protection, Health and Care Conference 2020 webinar series

A prospective research study - the first to look at an insured population sample - designed to test whether psychosocial factors predict return to work in disability claims.

This talk will cover how to build better portfolios by ESG factor-neutralizing and how investors can position portfolios to be more resilient in relation to the wide-ranging financial effects of climate change.

Part of the Protection, Health and Care Conference 2020 webinar series

In this session we will present the results of an international survey of claims assessors. We will explore key similarities and differences in claims practices in different locations, and their impact on the management of disability claims. 

The release of the PRA consultation paper may signal a good time for insurers to review and update their liquidity risk management framework. Within this presentation we discuss our interpretation of what the PRA’s liquidity consultation paper means for insurers and how this compares to our understanding of current market practice through answering the following questions: 

Nearly a decade on from the ‘Hutton Report’, let’s understand the changes made, how the schemes operate, and stand back and assess the successes or otherwise of public service pension reform.

Although ESG has many buyers across the asset allocation community, from pension funds to sovereign wealth funds, it still hasn’t found its place within the core asset management strategy desks where the money is actually invested. The problem as well as the opportunity is Fixed Income.

A practical and theoretical look at risk from wider perspectives, drawing on theories and examples from other fields, as well as social experiments, the session aims to stimulate members to consider information asymmetry, bias, Bayesian methods, behavioural finance and behavioural psychology when determining pension scheme risk. 

This talk expands on recent changes to Solvency II regulation to include sustainability risks and explores whether private equity offers an opportunity for making l long-term and impactful investments. 
We will answer the following questions: 

How sustainable private equity could be used in your portfolio to qualify for more favourable capital treatment under Solvency II?

In this talk we cover the practicalities of implementing ESG within real asset investment decisions. Capital deployed in real assets is invested for a long term and has far reaching impact on the environment and society.  However, implementing ESG into real asset investment decisions is not straightforward and requires a different approach to public market assets.

An update from the Continuous Mortality Investigation (CMI). Content will focus on the work of the Self-administered Pensions Schemes (SAPS) Mortality Committee and the Mortality Projections Committee and will cover the most relevant and up-to-date outputs.

An online webinar delivered by John Taylor, President of the Institute and Faculty of Actuaries who will look at the prospects for the actuarial profession in the era of unprecedented technological innovation.

Because of Covid-19, forecasters predict a severe recession in 2020, followed by a V or U-shaped recovery. This impacts both individuals and companies. However, compared to previous recessions, the impact on banks of higher credit losses should be mitigated to some extent by government actions. 

Many actuaries consider career opportunities in the Finance and Investment practice area after having started off in more traditional actuarial roles such as valuations, capital management or pricing. This session is aimed at helping actuaries to better understand roles in Finance and Investment and how they can fine tune their skills to pursue such careers.

Part of the Protection, Health and Care Conference 2020 webinar series

This session will cover how we have challenged conventional approaches to underwriting and risk selection in order to develop an approach that aligns current practices, customer and broader interests with robust risk assessment.

Chief Medical Officer (CMO) for Gen Re Life/Health Research and Development, Dr John O'Brien, will discuss the impacts of Gene Modification for life/health insurance. 

Part of the Protection, Health and Care Conference 2020 webinar series. In this talk we will outline the steps Aviva took in pulling together our first large-scale disclosures on the exposure of our business to climate change published in March 2019; in line with the recommendations of the Taskforce on Climate-related Financial Disclosures. After touching on why insurers have such an important role in climate change, we'll cover a brief “how-to” guide for those who have not yet embarked on thinking about these topics before giving a case study of how the learnings from a TCFD disclosure exercise can be applied to investment portfolios.