COVID-19 is a threat to our way of life and to the financial services industry. The IFoA has a significant role to play in the current crisis.
Appropriate and speedy modelling is essential for governments to make the correct policy decisions that affect all of our lives. More narrowly, we need to plan for the potential impact on insurance companies, pension funds, banks, investment managers and other financial services organisations.
We have to step up and respond to these challenges.
In order to ensure the IFoA can do this speedily and effectively, a small team has been established. This is the COVID-19 Action Taskforce – ICAT.
ICAT is responsible for leading and coordinating the IFoA’s response to the coronavirus crisis. It comprises
- Colin Dutkiewicz (Chair of the Life Board)
- Louise Pryor (Incoming President Elect)
- Jo Davis (Head of Communities)
- Julie Pallister
Plus over 550 volunteers.
From time to time, ICAT will seek additional volunteer support to complement the existing skillsets. If you are keen to get involved, and would like to be notified when ICAT are seeking additional support, please contact the Engagement team.
Find a full list of ICAT and other actuarial resources on the Pandemics Hub.
All details of ICAT workstreams and their activity can be found on the ICAT workstream webpages.
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We continue to live in a world of global uncertainty. Survival depends on our ability to simultaneously navigate through the diverse root-causes, ranging from: the consequences of Climate Change; transitioning to Net Zero; increased inflationary pressures and supply chain issues; to self-imposed changes in regulatory requirements. CILA 2022 focuses on these challenges to ensure we continue to be informed and remain battle ready, as well as showcasing highlights of recent CMI outputs.
Opportunity to participate in a virtual Roundtable Discussion hosted by the IFoA in conjunction with the City of London Corporation’s Socio-economic Diversity Taskforce
In the spirit of fostering the IFoA’s vibrant, global community and enabling our members to participate, we have decided to hold our AGM virtually again this year. This allows for greater accessibility to this important annual event, and for greater accountability of our organisation.
The Business of the AGM
Join newly inaugurated IFoA President, Matt Saker, for his Presidential Address.
We’re delighted to welcome you back to our first in-person conference since early 2020, also being delivered virtually in our first-ever hybrid event. The theme of our inaugural two-day conference is ‘Focusing on tomorrow’s actuary’ and will explore the contribution actuarial science is making to some of tomorrow’s biggest issues.
This webinar will cover:
• Some background on the risks of misselling in an ESG context, including the DWS case
• Achieving positive impact is a strong antidote to the risks of greenwashing or ESG misselling, however this risks having a tension with fiduciary responsibilities
• This tension can be resolved with a concept called Universal Ownership
• Under Universal ownership, investors have an appetite to make a loss in order to achieve positive impact, and yet still have no compromise on their fiduciary responsibilities
This session will focus on the transformation roadmap of the healthcare sector in KSA and the role of actuarial capabilities in enhancing its evolution to the desired end stage as per the objectives of the Vision 2030. The discussion will focus how the system has evolved so far and shed light on the expected future changes. Through examining the transformation, we will highlight how the sector is and can use actuarial expertise to not only assist with this transformation but also use basic actuarial principles to identify the key risks and their respective mitigation strategies.