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The Great Risk Transfer final report launch
19 April 2021
John Taylor – Immediate Past President
Since the start of 2020 the IFoA has been exploring an ongoing trend to transfer risks from institutions – such as employers, the state, and financial services providers – to individuals.We termed this the ‘Great Risk Transfer’ and we believe it poses one of the most significant yet little understood social, financial, and political challenges of our time.
Mortality Impact of COVID-19 Vaccination in England: publication of models and an update
15 April 2021
This paper presents updated data and findings, as a follow-up to the earlier paper. The associated actuarial and machine learning models are published for open access.
Our results of experience in 80+ age group show:
Private Credit for Insurers survey
15 April 2021
It’s been over a year since Covid-19 pandemic brought the world to a standstill and caused major disruption in the global economy. The Institute and Faculty of Actuaries Private Credit for Insurers Working Party is conducting a survey with insurers who have been investing in Commercial Real Estate (CRE) and infrastructure debt to get a broad view of the impact Covid-19 pandemic on those markets.
The survey is addressed to professionals originating and/or managing CRE and infrastructure debt assets for insurers.
Will you step forward to shape the future of the Actuarial profession?
14 April 2021
Nominations to stand for election to join the IFoA’s Council are now open.
The annual Council election is your chance to play a truly leading role in the development of the actuarial profession.
The IFoA has a bold new strategy, a new focus on improving our offer and new values that put our members at the heart of everything we do. Our goal is to support, develop and be the voice of our members, and to make this ambition a reality, we need a diverse range of leaders who are able to provide strong stewardship, high quality thinking, time and a commitment to excellence.
CMI notes deaths below normal levels in recent weeks
13 April 2021
During the coronavirus pandemic, the Continuous Mortality Investigation (CMI) is publishing frequent UK mortality analysis through its mortality monitor. The latest update covers week 13 of 2021 (27 March to 2 April) based on provisional England & Wales deaths data published by the Office for National Statistics (ONS) on 13 April 2021.
The key points of this update are:
Consultation on changes to Practising Certificates
8 April 2021
The Institute and Faculty of Actuaries has today launched a consultation on proposals for changes to its Practising Certificates (PC) requirements.
This includes changes to the approach to determining suitability for a PC (including the type of criteria used) as well as changes to the process for applying and renewing.
Changes to the Disciplinary and Capacity for Membership Schemes
7 April 2021
The IFoA has today commenced a Member vote on proposed changes to our Disciplinary and Capacity for Membership Schemes (the Scheme). These changes, which have been approved by our Council, must now be approved by a simple majority of the IFoA's members in order to be formally adopted.
Associates, Fellows, and Honorary Fellows of the IFoA are eligible to vote on these proposals. Each eligible member will receive an email from Civica Election Services containing a unique link to the voting website.
Sustainability Board update - March 2021
31 March 2021
Melissa Leitner provides an update on the latest Sustainability Board activities.Engagement is the word I'd choose to pull a common thread through the key agenda items of the latest meeting of the IFoA Sustainability Board on 16 March 2021.
Engagement within the Board(s)
Climate-related risk – your chance to take part in our information-gathering exercise
31 March 2021
Louise Pryor, President-Elect asks you to take part.
Regulation of the actuarial profession
19 March 2021
The UK Department for Business, Energy and Industrial Strategy (BEIS) has published its long-awaited White Paper on reform of audit and corporate governance. Within this, it also sets out important proposals for the future of UK actuarial regulation.
Since the start of 2020 the IFoA has been exploring an ongoing trend to transfer risks from institutions – such as employers, the state, and financial services providers – to individuals.
Melissa Leitner provides an update on the latest Sustainability Board activities.Pages
