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The Sustainable Development Goals and the Actuarial Profession: Webinar

In October 2018, the IFoA hosted a webinar on the UN’s Sustainable Development Goals (SDGs). The webinar was chaired by Marjorie Ngwenya, immediate past president of the IFoA, and included a presentation from Bigknown Shiriyapenga and Ronald Mukanya.

Topics covered in the webinar included:

  • An introduction to the UN’s SDGs
  • IFoA’s SDG campaign
  • The role for actuaries in achieving the SDGS
  • Suggestions for how the contribution for actuaries can be maximised

Some important case studies showcased how actuarial work can help achieve the SDGs:

The Environmental Risk Solutions in China case study: China’s rapid industrialisation and urbanisation has resulted in widespread man-made water pollution. It has caused damage to wildlife and nature, crop failure and health consequences for those who do not have access to safe drinking water. Mr Xiaoxuan (Sherwin) Li, FIA, and his actuarial team used actuarial and catastrophe modelling methodologies to evaluate and place a cost on environmental risk. This cost is to be recouped from the entities causing the pollution via an insurance premium.

Road Safety in India case study: The UN’s SDGs include a target to halve the number of road accident-related deaths and injuries by 2020. This target is particularly relevant in India where road safety presents a significant problem. In 2013, the World Health Organisation (WHO) estimated the number of fatalities which resulted from road accidents to be 238,562. WHO also estimates that India loses 3% of its GDP annually due to road accidents.To address this, actuarial expertise can support the development and application of innovative motor insurance produces which incentivise and encourage good driving behaviour in India and other developing nations.

You can download our webinar presentation or watch our video to hear more about these topics.
 

Download the webinar presentation
 

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Events calendar

  • India Town Hall

    Webinar
    28 January 2021

    Spaces available

    IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual India Town Hall 2021, hosted by John Taylor with IFoA Council Member Mahidhara Davangere and IFoA Chief Executive, Stephen Mann. 

  • Spaces available

    What are the options for the world economy looking ahead?

    In this Thought Leadership Lecture, Economist, Vicky Pryce, will be discussing world economic trends, including the differences in geographical performance and how output is recovering and where.

  • Spaces available

    Trust and Leadership for Actuaries

    Led by Dr. Jim Baxter, University of Leeds, this webinar introduces some key ideas in the ethics of trust, with a particular focus on those in, or on the path to, leadership roles. Dr Baxter is joined by a panel of experienced leaders who will give their personal perspectives on how they understand the value of trust and how they seek to promote and inspire trust, drawing on their experiences of leadership. The panel includes:

  • Health and Care Hot Topics webinar

    Online webinar
    10 February 2021

    Spaces available

    In this webinar, we have two presentations showing the latest research on the implications for life and health insurers of two key issues: genomics and pandemic risk.

    Dr Peter Joshi and Paul Timmers will share their research on how well-established underwriting processes can allow for genomics in predicting expected mortality and morbidity. They will then discuss the potential for stratified screening and personalised medicine to improve health and reduce claim costs.

  • Spaces available

    As the world’s attention begins to turn to COP26 later this year in Glasgow, Sarah Gordon (Chief Executive, Impact Investing Institute) will share her vision for how the financial services industry can deliver for people and the planet, as well as how to encourage more investment with the intention to generate positive, measurable social and environmental impact alongside a financial return.

  • Sub-Saharan Africa Town Hall

    26 February 2021

    Spaces available

    IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual SSA Town Hall 2021, hosted by John Taylor with IFoA Council Members Mukami Njeru, Prosper Matiashe and IFoA Chief Executive, Stephen Mann.

  • MENAP Town Hall

    2 March 2021

    Spaces available

    IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual MENAP Town Hall 2021, hosted by John Taylor and IFoA Chief Executive, Stephen Mann.