Other actuarial associations
International Actuarial Association (IAA)
Many of the actuarial associations around the world are producing and updating reports and data to help inform decisions in this very chaotic time. The IAA has created a webpage that consolidates links to much of this information.
Estelle Pearson, Principal at Finity Consulting, writes about what this pandemic situation means for General Insurance actuaries. View the article
Society of Actuaries
This Society of Actuaries Research Brief has been constructed to highlight some of the key features of the COVID-19 epidemic and contemplate the risks for the actuarial profession to consider in their work.
American Academy of Actuaries
Canadian Institute of Actuaries
Casualty Actuarial Society
View the latest announcements and resources related to the impact of the COVID-19 (coronavirus) outbreak on various CAS operations.
Actuarial Society of South Africa
- COVID-19: Potential impacts on insurers publication: In this report Hymans Robertson look at the impact on markets, the spread of the virus, and potential impacts on insurers – both immediate and long-term.
- DC savers and the economic impact of coronavirus publication: In this summary Hymans Robertson consider questions relating to the impact of COVID-19 in relations to the pensions landscape.
The Infectious Disease Response Site is designed as an online resource for clients and industry peers to access information and insight on risk exposures and human capital (duty of care) concerns emanating from an infectious disease event or outbreak.
Willis Towers Watson
View Willis Towers Watson COVID-19 resources hub.
View SCOR’s press release on COVID-19.
The COVID-19 – CMO Update and Overview, created by Achim Regenauer, Chief Medical Officer PartnerRe, is intended only as a general overview of COVID-19.
Lloyds of London
- Coronavirus updates hub
- Lloyds pandemic potential insurance impacts report: considers the impacts a pandemic might have on the insurance industry.
McKinsey & Company
View the article from senior partners at McKinseys ‘Safeguarding our lives and our livelihoods: The imperative of our time.
Reinsurance Group of America (RGA)
Read the RGA's paper on COVID-19 Mortality Rates by Age and Gender: Why is the Disease Killing More Men than Women?
The RGA Knowledge Center provides resources on actuarial, risk, underwriting and medical insights related to COVID-19.
A selection of articles on the COVID-19 situation and potential impacts
Barnett Waddingham’s Covid -19 information page details how the organisation is supporting pension schemes and business continuity during the coronavirus pandemic, helping clients continue to meet their objectives.
Imperial College London
Imperial College London presents the results of epidemiological modelling which has informed policymaking in the UK and other countries in recent weeks.
The Lancet has produced a hub to assist health workers and researchers working under challenging conditions to bring this outbreak to a close and created a Coronavirus Resource Centre.
Oxford University Press
Access OUP's resources on coronavirus and related topics.
University of Oxford
Presentation by Dr Robin Thompson - How do mathematicians model infectious disease outbreaks?
Henley Business School
Insights into the impact of COVID-19 on different areas of business and finance have been shared by academics from Henley Business School in a new book.
Other External resources
British Medical Association
The BMA answer questions about the impact of COVID-19 on work, training, education, and wellbeing of medical professionals.
Royal Society for Public Health
View RSPH's Statement on Coronavirus (COVID-19).
Association of British Insurers
The ABI have produced a guide to some of the most commonly asked questions surrounding the impact of COVID-19.
Organisation for Economic Co-operation and Development
OECD have developed an AI powered tool to enable individuals to allow the latest COVID-19 developments in any country.
Institute for Fiscal Studies
View IFS commentary on the Chancellors fiscal response to COVID-19.
Pensions and Lifetime Savings Association
The PLSA’s COVID-19 resources is designed to help its members deal with short-term issues and prepare for the longer-term effects of the COVID-19 pandemic.
Isaac Newton Institute
The INI programme on Infectious Disease Dynamics has a series of reports and seminar listings with recordings and pdf slides available to those with strong mathematical backgrounds wishing to learn more about pandemic modelling.
What Happens Next?
COVID-19 Futures, Explained With Playable Simulations, by Marcel Salathé & Nicky Case.
Royal Statistical Society
Committee hearing on Wednesday 15 April 2020. Oral evidence session with Sam Woods, Deputy Governor Bank of England and CEO of the Prudential Regulation Authority, that feeds into the committee's inquiry into the economic impact of COVID-19.
Health and Social Care Committee
Committee hearing on Tuesday 5 May 2020. The Committee questions the Chief Scientific Adviser and Deputy Chief Medical Officer on the progress the UK is making in relation to COVID-19, and the modelling and data that is being considered. This forms the fifth session in the inquiry into the management of the COVID-19 outbreak.
Committee hearing on Tuesday 17 March 2020. The focus on this session includes preparations for hospital and community services to deal with a potential COVID-19 epidemic, likely impact on routine NHS services, risks to patients and staff, and information sharing and co-ordination with other agencies and the public.
Committee hearing on Thursday 5 March 2020. The CMO for England, the UK Government's Chief Medical Adviser, is asked to detail current planning to deal with an upsurge in cases of COVID-19, preventative measures to safeguard public health, options for containing the virus and how prepared the NHS is to deal with a major outbreak.
This includes guidance on social-distancing, staying at home, travel advice, NHS information and links to the latest government announcements.
Read the Government Actuary's Department news article on how they are supporting the government’s fight against coronavirus.
World Health Organisation
The World Health Organisation has developed a hub with information on how to keep yourself safe, situation reports, updates on research and development, and myth-busters.
Bank of England
The Pensions Regulator
Financial Conduct Authority
The FCA has significant resources focused on responding for the firms it regulates.
Financial Reporting Council
View the guidance for companies and auditors during the COVID-19 crisis.
Office for Budget Responsibility
Office of National Statistics
Latest data and analysis on coronavirus (COVID-19) in the UK and its effect on the economy and society.
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Dr Catherine Donnelly will present the basics of the structures for pooling longevity risks and summarise recent research results in this area in addition to outlinging future research around this topic. This is work under a research programme funded by the IFoA's Actuarial Research Centre, called 'Minimizing longevity and investment risk while optimising future pension plans'.
Climate-Related Risk - This free to view webinar on Climate-Related Risk is the first in a series focusing on some of the ‘Hotspots’ identified in the JFAR Risk Perspective bringing the Risk Perspective to life with practical illustrations and insights from subject experts from the IFoA and other Regulators
Recent decades have seen institutions, such as employers and financial services, give people more choice and flexibility, but these freedoms have come with more responsibilities. Individuals are now responsible for managing more of their own financial risks, from ensuring they put enough money into their pension to securing affordable protection to be financially resilient.
Join us for this brand new IFoA webinar weries comprising of a fortnight of webinars, panel sessions and a hackathon, that showcase the range of ways in which the actuarial profession has added value, in the public interest, to the understanding and management of the current and future pandemics through insight and learning.
This event is now temporarily closed on Monday 26 April, but the session will be repeated on Tuesday 27 April, 09.00-10.30. Please click here to register your place.
Actuaries have a lot to offer biodiversity management over the next decade as the world develops more depth to its response to this global challenge. This sessional offers an opportunity to learn about this emergent risk, to contribute to our thinking as a profession and help us develop the next steps forward.
IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual Europe Town Hall, hosted by John Taylor with IFoA Council Members Alan Rae, Jennifer Hartley, Maribel Vasquez Flores and IFoA Chief Executive, Stephen Mann.
Mis-estimation risk is a key element of demographic risk, and past work has focused on mis-estimation risk on a run-off basis. However, this does not meet the requirements of regulatory regimes like Solvency II, which demands that capital requirements are set through the prism of a finite horizon like one year. This paper presents a value-at-risk approach to mis-estimation risk suitable for Solvency II work
This year's Finance and Investment Virtual Conference takes on the timely theme of ‘resilience’, something we have all learnt a lot more about in the last year! Our diverse range of talks will explore the theme of resilience in a variety of ways including in building robust investment portfolios, in the incorporation of ESG factors, in govern
This talk will explore the potential benefits that wearable tech can bring to health & protection insurers and their customers. The traditional approach of integrating wearables into insurance has largely focused on measuring steps and using rewards-based incentive programs to encourage more activity.
Join us for this talk with Professor Sir Adrian Smith as part of the 'Dr Patrick Poon Presidential Speaker Series'. Professor Smith joined The Alan Turing Institute as Institute Director and Chief Executive in September 2018. In November 2020, he became President of the Royal Society, in addition to his leadership of the Turing. He is also a member of the government's AI Council, which helps boost AI growth in the UK and promote its adoption and ethical use in businesses and organisations across the country. He received a knighthood in the 2011 New Year Honours list.
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; on-going financial consequences of the COVID pandemic; or self-imposed changes in regulatory requirements and accounting standards.
Welcome to the programme for our 2nd Virtual Pensions Conference. This year's conference features 11 webinars offering members and non-members the opportunity to get up to date content from leading experts in the pension industry. There will also be opportunity to ask questions and contribute to the discussion.