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Calling all GI Actuaries - have your say on Post-Brexit Solvency II
13 January 2021
Calling all GI Actuaries - have your say on Post-Brexit Solvency II
The following survey has been set up on behalf of the IFoA, to aid their response to HM Treasury on post-Brexit changes in Solvency II. The IFoA aims to submit a response in January 2021 (covering Life and Non-Life aspects) and survey results will be considered in this final write up.
The UK Government is looking for opinions on changes in SCR, Risk Margin, Discount Rates, Reporting, Climate Change and Matching Adjustment.
CMI says 2020’s 13% rise in death rates worst since 1929
12 January 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 53 of 2020 (26 December 2020 to 1 January 2021) based on provisional England & Wales deaths data published by the Office for National Statistics (ONS) on 12 January 2021.
IFoA launch Diversity Monitoring survey
12 January 2021
The Institute and Faculty of Actuaries (IFoA) are undertaking a Diversity Monitoring survey to monitor effectiveness of our diversity and inclusion policies and processes and deliver the support and improvements our members need.
Feedback from the 2019 400 Club Diversity and Inclusion Survey, reemphasised the importance of capturing data on the make-up of our membership, to enable us to analyse and monitor the effectiveness of our diversity and inclusion policies and processes.
The IFoA climate change statement
11 January 2021
Louise Pryor introduces the IFoA climate change statement.
Climate change matters.It’s increasingly being recognised as presenting major risks to everyone living on the planet. Governments and financial regulators are becoming increasingly concerned, and there’s gathering momentum around it in all areas of business and finance.
CMI notes further excess deaths but inflated by holiday closures of Register Offices
6 January 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 52 of 2020 (19 to 25 December) based on provisional England & Wales deaths data published by the Office for National Statistics (ONS) on 6 January 2021.
The key points of this update are:
COVID-19: Statistics, Ratios and understanding limitations of data available
6 January 2021
In a new report from the Health and Care section of ICAT the authors review common definitions, statistics and ratios used in the discussion about the COVID-19 pandemic. Whilst the report does not purport to contain original material, it provides a helpful summary of the key measures and metrics. It is intended to increase the awareness of readers, not only about the definitions of measures used, but also about the limitations around the available data.
The Importance of Biodiversity Risks
5 January 2021
Over the last 50 years global wildlife populations have declined by as much as 60%. In its Global Risks Report 2020, the World Economic Forum ranked biodiversity loss and ecosystem collapse as a top-five risk, above pandemics, cyber attacks and financial crises. Nature and biodiversity underpin the global economy today and so a threat to biodiversity presents not only an ecological risk but a financial risk as well (the WWF predicts a loss of $10 trillion in global GDB between 2011 and 2050 if current biodiversity loss trends continue).
Talking Sustainability with Nick Spencer
5 January 2021
We start our “Talking Sustainability” series with Nick Spencer, Chair of the IFoA Sustainability Board, covering his ambitions as Chair and advice to actuaries who would like to get involved with sustainability.
CMI notes second wave excess deaths significant but a fraction of COVID deaths
30 December 2020
During the coronavirus pandemic, the Continuous Mortality Investigation (CMI) is publishing frequent UK mortality analysis through its mortality monitor. The latest update covers week 51 of 2020 (12 to 18 December) based on provisional England & Wales deaths data published by the Office for National Statistics (ONS) on 30 December 2020.
The key points of this update are:
CMI notes over 70,000 excess deaths in 2020
22 December 2020
During the coronavirus pandemic, the Continuous Mortality Investigation (CMI) is publishing frequent UK mortality analysis through its mortality monitor. The latest update covers week 50 of 2020 (5 to 11 December) based on provisional England & Wales deaths data published by the Office for National Statistics (ONS) on 22 December 2020.
The key points of this update are:
Climate change matters.Pages
