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Making the most of infrastructure – how actuaries can help
20 March 2019
In this blog, Matthew Levine, IFoA Policy Manager gives an overview of the IFoA’s recent work on infrastructure
Resource and Environment News
18 March 2019
Podcast: Shifting the Trillions on the role of Engagement and Divestment in Forcing Big Oil Companies to Decarbonise
Listen in to Carbon Tracker founder Mark Campanale with the inside word from the City on what the fast growing fossil fuel divestment movement has achieved and how shareholder engagement with big oil companies like Exxon, BP and Shell is forcing them to change their business models to align with the Paris Climate Agreement.
Resource and Environment Board Seeks Digital Content Lead – Apply by 2 April
18 March 2019
The Resource and Environment Board is looking for a proactive volunteer to help in leading and implementing their digital content strategy. In this exciting new role, you will work effectively to engage actuarial communities through various digital channels.Sir John Curtice – a thought leader who polls well
7 March 2019
In this blog, Chair of Scottish Board Alan Watson talks about the Spring Lecture and Professor Sir John Curtice's talk entitled "Brexit: Democratic Success or Failure?".
Professor Sir John Curtice Have your say on revised IFoA Guides
6 March 2019
The IFoA has published revised Guides for Members on Speaking Up, Conflicts of interest and acting as Non-Executive Directors.
We encourage you to use this opportunity to consider the new material in light of the revised Actuaries’ Code which comes into effect on 18 May 2019.
There is still time to raise any objections around the content of the new Guides before the deadline of noon on Friday 15 March.
Four things the actuarial community has done to improve diversity in our profession
5 March 2019
To mark International Women’s Day, we’re recapping on some of the activities our staff, members and the wider actuarial community have been doing to promote diversity in the profession, blogs Charlotte Forsyth. Last year we held events in London and Edinburgh called Girls – Count Us In. These events were free-to-attend and were specifically designed to encourage more girls to take up STEM subjects.
Resource and Environment News
4 March 2019
CRP107-Modeling, Measuring and Pricing the Flood Risk
This project, undertaken by the Society of Actuaries (SOA), reviews the existing literature on the flood risk models, and provide commentaries of relevance to actuaries. One goal of the review is to educate the actuarial community about the various shades of the flood risk, as well as about the state of the art in quantitative flood risk modeling. Another goal is to examine the possibility of employing the actuarial knowledge tank in order to refine the inventory of the existing flood risk models.Opportunity To Shape Resource and Environment Research Activity
4 March 2019
Research and thought leadership is particularly important to the Resource and Environment (R and E) practice area as it establishes the theoretical basis and practical tools for actuaries to allow for R and E topics in their work.
The R and E Board is seeking a new member to lead its research work and liaise with the R and E Research & CPD Subcommittee on research matters. This is an exciting opportunity for someone who is passionate about climate change, sustainability and research.
Health and Care - seeking member views on new working party topics
4 March 2019
The Research Sub-committee of the Health and Care Board at the IFoA is looking to commission up to three new working parties in 2019 and we are keen to hear your thoughts on potential topics for research.
We will be meeting in April to discuss the research agenda for 2019/2020, and we would appreciate it very much of you could spare five minutes to share your opinions by completing our online survey on research opportunities by 15 April 2019.
Five times actuaries have been portrayed in the movies
1 March 2019
When we think of blockbuster movies, many of us may think of superheroes, maverick cops or angry dinosaurs. But in fact there are plenty of examples of Hollywood being prepared to take on the risk of portraying an actuary.
So here are five times actuaries have been portrayed on the big screen, blogs Charlotte Forsyth.
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Other actuary news
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Over-45s unaware of potential insurance savings through telematics
Added: Wed, 20/03/2019 - 17:00Almost half of adults aged over 45 in the UK are unaware that they could enjoy savings on their car insurance through telematics technology, a survey has found. -
Solvency II regulations hindering sustainable investments, ABI warns
Added: Tue, 19/03/2019 - 12:30Billions of pounds could be unlocked for sustainable investments in Europe if Solvency II regulation is changed, the Association of British Insurers (ABI) has declared. -
UK government gives green light to CDC pension schemes
Added: Mon, 18/03/2019 - 14:30Millions of workers could soon enjoy improved retirement savings after the UK government today backed plans for the country's first Collective Defined Contribution (CDC) pension scheme. -
Most customers would swap personal data for cheaper financial services
Added: Fri, 15/03/2019 - 16:44Nearly six in 10 consumers would share significant personal information with their bank and insurer in return for cheaper services and products, a worldwide survey has found. -
UK firms warned of no-deal Brexit liability risks
Added: Wed, 13/03/2019 - 14:40Every listed company in the UK faces major liability risks for failing to properly prepare for Brexit, especially if there is a 'no deal' outcome, experts have warned. -
Solvency II rules amended to slash EU insurers' capital requirements
Added: Wed, 13/03/2019 - 12:30The European Commission has slashed capital requirements for insurers investing in equity and private debt after amending key Solvency II rules. -
Financial services firms failing to capture customer feedback
Added: Tue, 12/03/2019 - 14:40The UK's financial services sector is failing to capture feedback from around 17 million customers, potentially breaching a regulatory requirement to show fair treatment of clients. -
Falling life expectancy to slash pension scheme liabilities
Added: Mon, 11/03/2019 - 14:10UK pension schemes could enjoy a significant fall in liabilities after the Institute and Faculty of Actuaries (IFoA) last week slashed its life expectancy projections by almost half a year. -
UK climbs up global rankings for female economic empowerment
Added: Fri, 08/03/2019 - 11:21The UK is the 13th best country in the OECD for female economic empowerment after climbing one position in an annual ranking by PricewaterhouseCoopers (PwC). -
TPR publishes guidance for scheme valuations
Added: Tue, 05/03/2019 - 13:01The Pensions Regulator (TPR) has today published guidance outlining how it expects employers and trustees to approach upcoming scheme valuations.