Latest longreads
Has the fairness or the prosperity of a country led to better health and economic outcomes from the COVID-19 pandemic?
This work product explores the hypothesis “It is the level of equality (fairness) in a country rather than its level of GDP per capita (prosperity) 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.
Authors: Andrew Robinson, John Branford, Inviolata Naliaka Wafula, Sukrita Singh
Updated National Narratives on COVID-19
The ICAT National Narratives workstream has gathered actuaries from around the globe to collect data and to provide actuarial perspective on events surrounding COVID-19 in the countries they know. One direction we have taken is to gather a collection of case studies in which local actuaries describe the ‘national narrative’ of their own country and we compare experiences. In an earlier ICAT report we commented on the initial response to COVID-19 as at 30 November 2020 for the eight diverse nations of Brazil, Ghana, India, Malawi, New Zealand, Poland, Singapore and United Arab Emirates. This set of articles updates the national response from 30 November 2020 to 30 April 2021. We have added an overview examining the factors to consider in analysing different national responses and outcomes. This global overview and the national updates are available at on the ICAT PAN workstream webpages.
Impact Investing by Pension Funds – Towards a better future
Rahul Kapur is a student member of the IFoA working for E&Y in Delhi, India. He believes that Impact Investing provides a win-win for investors and society. In this article, the second of a 3-part series, Rahul sets out the rationale for impact investment for pension funds, gives real-life examples and explains how pension funds can enter this space. See the first part of this article on the IFoA Blog site.
Previous longreads
- Indian experience of COVID-19, economic consequences and related mental health issues
Authored by: Raunak Jha and Scott Reid, as part of the IFoA’s Covid-19 Action, Taskforce, 26 March 2021.
- What is the goal as we build back better from the aftermath of COVID-19?
Authored by: Members of the IFoA’s Private Credit for insurers working party, 1 December 2020.
- Regulatory Actions taken to mitigate the impact of the COVID-19 pandemic – using international insight to gain foresight
Co-authored by: IFoA Fellow Konrad Farrugia and a group of Life actuaries led by IFoA Fellow Rosalind Rossouw, 4 January 2021
- Considerations for setting economic assumptions
Authored by: A group of Life actuaries, working as part of the IFoA Covid-19 Action Taskforce (ICAT), 3 December 2020.
- The impact of Covid-19 on infrastructure debt
Authored by: Members of the IFoA’s Private Credit for insurers working party, 1 December 2020.
- COVID-19 – an imperative to review your data strategy
Authored by: Alexia Jami and Roy Perlson, 18 November 2020.
- Improving timely analysis of UK COVID-19 cases by Specimen Date
Authored by: David Hindley and John Roberts, 9 October 2020.
- COVID-19: Using an Automated Chain Ladder technique to predict ultimate Daily Deaths in a live environment
Authored by: Richard Kelsey, 10 June 2020.
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Events calendar
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The Growth Mindset for Actuaries
13 October 2021 - 8 December 2021This practical course is aimed at actuaries at any stage of their career who want to develop their own growth mindset and apply it to their work setting and personal or professional lifelong learning. The content of the course builds on the lecture given by Dr Helen Wright on Growth Mindset as part of the President’s 2021 Lecture series, and will be delivered over a period of 2 months, from mid-October to early December.
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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. -
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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GIRO 2021 Webinar Series
Online8 November 2021 - 19 November 2021
Join leading experts to discuss key issues, emerging ideas and new research across the general insurance sector. -
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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Life 2021 Webinar Series
Online22 November 2021 - 26 November 2021
Join leading experts to discuss key issues, emerging ideas, and new research across the Life insurance sector. -
What next for Mental Health in Insurance?
1 December 2021
Content 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.
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.
Join leading experts to discuss key issues, emerging ideas and new research across the general insurance sector.
Join leading experts to discuss key issues, emerging ideas, and new research across the Life insurance sector.
Content 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.