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On Tuesday 7 February 2017, the General Insurance (GI) Board hosted an open forum at Staple Inn Hall to enable members to address and represent the GI perspective on the review of the Ogden discount rate. The occasion attracted 104 delegates who joined a hearty discussion around the possible impact of a rate change on reserving, capital modelling, underwriting and other areas.
The Institute and Faculty of Actuaries (IFoA) has awarded the Quality Assurance Scheme (QAS) accreditation to Steve Dixon Associates llp (SDA llp) after its successful application for inclusion in the flagship scheme
Over the past few years, as the demand for actuarial exams has increased, we have worked hard to improve the choice and capacity of exam places globally
When booking exam centres we take into account the demand for exam places, together with the resources available, with the aim of offering as many places as possible to meet that demand. We have also set up new permanent exam centres in locations where these were previously not available; this is ongoing.
The Institute and Faculty of Actuaries (IFoA) has today (Friday 10 February 2017) responded to the Task Force for Climate-Related Financial Disclosure’s (TCFD) consultation on Recommendations for Climate Change Disclosure launched in December of last year.
The Institute and Faculty of Actuaries (IFoA) is seeking a Researcher (or group of researchers) for a short-term project to assist with research being led by a scoping group of the IFoA’s Research and Thought Leadership Committee.
The International Actuarial Association Mortality Working Group, Chair Brian Ridsdale, works on mortality and longevity issues within the framework of the International Actuarial Association Mortality Group (IAA). It has now produced an Update from its latest meeting held in Cape Town, South Africa, on 19 and 21 November 2016
I would like to take this opportunity to wish all members and friends of the IFoA a very happy Chinese New Year.
Looking forward to the year ahead, I know the rooster is one of the most energetic, optimistic and confident of signs, and in that spirit I hope that we can work together to push actuaries and the IFoA to the forefront of people’s thinking. I am particularly excited about the IFoA’s Asia conference being held this May in Hong Kong and I hope to see many of you there, both old friends and new. With all the best for the year ahead.
Once the exam results have been released we provide an exam counselling service for students who were unsuccessful in the the CA, ST and SA subjects
Andrew Chamberlain, Chair of the IFoA’s Life Board, appeared today before the Treasury Select Committee, at a hearing on the subject of ‘EU Insurance Regulation’.
The Institute and Faculty of Actuaries (IFoA) entered into a joint venture agreement with the Society of Actuaries (SOA) on 20 October 2016. As a consequence of that agreement, and the creation of a new company, CAA Global Limited, to administer, develop and promote the CAA qualification globally, the IFoA will close its current Student Actuarial Analyst category of membership to new members.
Other actuary news
Added: Thu, 23/02/2017 - 17:20The UK government has unveiled plans to introduce new rules capping whiplash compensation payments and a ban on offers without a medical report in its Prisons and Courts Bill.
Added: Thu, 23/02/2017 - 12:51It has been found that 16% of British parents aged 40 and over believe they will need to rely on their children for financial support in retirement, according to a study from MetLife.
Added: Wed, 22/02/2017 - 17:26There has been a 39% jump in the amount of trades made by people aged 18-36 using Individual Savings Accounts (ISAs) in comparison to this time last year, according to research from The Share Centre.
Added: Wed, 22/02/2017 - 15:28The Trade Facilitation Agreement (TFA) came into force today following ratification by two-thirds of World Trade Organisation (WTO) members.
Added: Wed, 22/02/2017 - 13:00South Korean women will be the first to have an average life expectancy that exceeds 90, according to a study by Imperial College London (ICL) in collaboration with the World Health Organisation (WHO).
Added: Tue, 21/02/2017 - 15:08UK motorists are collectively wasting an estimated £1.5bn each year by allowing their car insurance to automatically renew without checking if they are getting a good deal, according to research by Gocompare.com.
Added: Tue, 21/02/2017 - 12:45UK employees in open plan offices are more likely than those in other working environments to have unhealthy habits that lead to cancer, according to research by Canada Life Group Insurance.
Added: Tue, 21/02/2017 - 12:35The UK has climbed to its highest ever position in PricewaterhouseCoopers' (PwC) Women in Work Index, ranking 13th out of 33 OECD countries for 2015.
Added: Mon, 20/02/2017 - 17:16NHS trusts in England reported a deficit of £886m at the end of the last quarter, despite having a £580m deficit target for the end of March, according to figures by NHS Improvement (NHSI) released today.
Added: Mon, 20/02/2017 - 15:33The Department for Work and Pensions (DWP) has today proposed that companies paying significant deficit contributions to defined benefit (DB) schemes could give less generous inflation-linked pension rises to employees.