Call for evidence: what we are looking for
Are you interested in eradicating poverty and hunger, tackling climate change, and ensuring access to education and work for all? We are calling on actuaries from all over the world to submit a proposal of how they would address the question ‘How are actuaries relevant to the Sustainable Development Goals and how can they contribute to the goals being met?’
Submissions can include:
- Practical examples of actuaries considering the SDGs in their work
- Evidence that demonstrates the impact of the SDGs on the actuarial profession as well as the industries that they work in
- Evidence that demonstrates how the actuarial profession can help their clients and employers contribute towards the SDGs being met
Applications can be from an individual, or from a group, and should be no more than 500 words. We will select a range of proposals to be developed into either a workshop session, or a written output that we will use to liaise with policymakers and other influencers to play our part in meeting the SDGs.
Background
On 25 September 2015, the 193 members of the UN General Assembly adopted the 17 SDGs aiming to eradicate all forms of poverty in all countries, both developed and developing, by 2030.
In order to achieve this, each goal has specific targets with a total of 169 targets altogether that need to be met within the next 15 years. Attaining these goals and their associated targets will require systemic change from governments, civil society and the private sector.
Companies and investors are starting to map their objectives and activities to the SDGs and are contributing to the Goals through their business activities, asset allocation and investment decisions. Within the financial sector, insurance companies, in general, have given the most specific commitments to achieving the SDGs. By harnessing the expertise of actuaries we hope to further help those industries that members of the profession work in to identify and explore opportunities for meeting the Goals.
More on the background on the relevance of actuaries to the SDG
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Events calendar
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ARC Webinar Series 2021 - Use of Primary Health Care Records Data in Actuarial Research
Webinar9 March 2021
As part of the ARC Webinar Series 2021, this webinar will review the work of the UEA/Aviva research team over the last four years on a major research programme funded by the IFoA’s Actuarial Research Centre. -
Implications of Climate Change for Life Insurer's Risk Modelling and Strategic Asset Allocation
12 March 2021
Climate change poses a significant threat across many regions and sectors, and businesses. Insurers and asset managers, must play a role in ensuring transparency around climate related risks and opportunities. -
Whilst insurers have been performing stress and scenario testing for many years, in the last 12 months the PRA has increased its focus on the ability to identify, measure and increase financial and operational resilience.
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Finance in the Public Interest Series
16 March 2021 - 23 March 2021
There is widening debate that many of our social, financial and regulatory institutions need to be rethought so that we can create more sustainable futures, particularly in light of the Covid-19 pandemic, the policy/macro-economic response to the pandemic and how it affects consumers, as well as the impending climate crisis. This multi-day series of three keynote webinars, individually presented by leading economist John Kay, Sir Paul Collier, Professor of Economics and Public Policy at the Blavatnik School of Government, Ashok Gupta, Chair at Mercer Ltd, and Nico Aspinall, Chief Investment Officer at B&CE, will open up discussion on these essential topics. The series will culminate in a panel session with Chief Economist of the Bank of England, Andy Haldane.
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The price is righter
16 March 2021This webinar provides an overview of the state of the UK protection market, and how different insurers are using different levels of sophistication to price (such as using customer demand models). It considers how insurers have implemented these sophisticated pricing techniques, and the practical challenges they have faced. -
This discussion will revolve around the latest industry developments including and introduction to Part VII transfers and Schemes of Arrangement (process, parties involved and recent events), insights and lessons from recent with-profits transactions and restructurings (including Equitable Life and Pru-Rothesay), how firms can apply these learnings to future arrangements, and the outlook for future with-profits transactions and restructurings (including the impacts of Covid-19 and Brexit)
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The role of stewardship in creating long term value
25 March 2021
What is stewardship and how has the landscape changed under the 2020 UK Stewardship Code? How does effective stewardship create long term value for beneficiaries and what roles do asset owners and asset managers play in active stewardship. This webinar will offer answers to these questions in a practical approach to stewardship reporting. -
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'.
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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.
As part of the ARC Webinar Series 2021, this webinar will review the work of the UEA/Aviva research team over the last four years on a major research programme funded by the IFoA’s Actuarial Research Centre.
Climate change poses a significant threat across many regions and sectors, and businesses. Insurers and asset managers, must play a role in ensuring transparency around climate related risks and opportunities.
What is stewardship and how has the landscape changed under the 2020 UK Stewardship Code? How does effective stewardship create long term value for beneficiaries and what roles do asset owners and asset managers play in active stewardship. This webinar will offer answers to these questions in a practical approach to stewardship reporting.