Latest IFoA news
Click to filter your search
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.
Andrew Chamberlain, Chair of the IFoA’s Life Board, will be giving oral evidence to the Treasury Select Committee hearing on EU Insurance Regulation.
Following our written submission in November, the IFoA was invited to give evidence in person to the Treasury Select Committee (TSC) on their inquiry into the future of the UK’s insurance regulation; this took take place on 17 January. The evidence given forms the basis of a special sessional meeting
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.
Organisations that employ at least three qualified actuaries are encouraged to appoint a CPD Co-ordinator
Professional Standards Directory: Update 41
Members are reminded that If you haven’t already paid your membership subscription for 2016/17, then you should do so before 31 December to avoid your membership lapsing.
Details of your subscription can be found on the member’s area of the website.
The Regulation Board of the Institute and Faculty of Actuaries (IFoA) has published its Risk Outlook paper which provides an analysis of the risks facing the public, as relevant to actuaries and their work.
It also sets out the IFoA’s thinking in relation to the mitigants to those identified risks, for example, the issuing of Risk Alerts.
Download the Risk Outlook paper.
Other actuary news
Added: Tue, 17/01/2017 - 17:05Natural disaster events worldwide were responsible for a combined economic loss of more than $200bn (£162n) in 2016, and $54bn of insured losses according to Aon Benfield.
PM confirms the UK will leave the EU single market and try to avoid a 'cliff edge' for financial servicesAdded: Tue, 17/01/2017 - 14:20The UK prime minister has said today that Britain cannot remain part of the EU single market but would seek the greatest possible access to it after Brexit.
Added: Tue, 17/01/2017 - 11:21UK consumer price inflation in December was the highest seen since July 2014 according to figures from the Office for National Statistics (ONS) released today.
Added: Mon, 16/01/2017 - 17:17The EU and US have agreed a bilateral deal to lift requirements for many reinsurers to hold capital against their business either side of the Atlantic after more than 20 years of discussions.
Added: Mon, 16/01/2017 - 14:45The number of people out of work in the UK will grow faster than the country's workforce this year, for the first time outside of economic downturns since the early 1980's according to Resolution Foundation.
Added: Mon, 16/01/2017 - 12:16The UK is the worst country in Europe for availability of fiber broadband to the premise (FTTP) and ranked 54th in the world for 4G coverage, potentially costing the British economy billions of pounds.
Added: Fri, 13/01/2017 - 17:26The global unemployment rate is expected to rise by 0.1% this year representing an increase of 3.4 million in the number of people without work according to the International Labour Organization (ILO).
Added: Fri, 13/01/2017 - 13:27Earnings inequality among men has risen significantly in the last 20 years, with the hourly wages of high earners growing faster than middle earners, and more men now working part time on low pay, according to the Institute for Fiscal Studies (IFS).
Added: Thu, 12/01/2017 - 17:08Telematics-style motor insurance policies in Europe could potentially be valued at €15bn (£12.26) by 2020 according to Deloitte.
Added: Thu, 12/01/2017 - 16:46The Financial Reporting Council (FRC) has published a new report as an update to the Joint Forum on Actuarial Regulation's (JFAR) feedback statement released in July 2015.