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The Profession has published a consultation paper on recommended changes to the current practising certificate regime.
CERA is the new global chartered enterprise risk actuary qualification and the new website will provide news and information about the qualification and the benefits it can offer to actuaries and their employers.
The Actuarial Profession's working party on third party motor insurance has said that the AA's reported price rises of car insurance are "unsurprising" given the steep rise of third party insurance claims.
Ronnie Bowie, President of the Institute and Faculty of Actuaries, has said that he is encouraged by Lord Hutton’s interim report into the future of public sector pensions.
The Cyprus Association of Actuaries will offer a two-day professionalism event in association with the UK Actuarial Profession on 5-6 November 2010 at the Nicosia Hilton, Cyprus.
Alan Botterill sets out his vision for the Profession's risk management project.
The Institute and Faculty of Actuaries has now been formed, and I am delighted to be the first leader of the Scottish Board. This letter outlines my views of the role and of the Scottish Board and the future of the Scottish constituency.
The Actuarial Profession has announced funding support for two research projects: by Milliman and the universities of Bath and Bristol systems centre, and the University of Kent. Earlier this year, the Profession issued a call for research proposals focussing on measurement of risk “appetite”, identification of hard to define risks, and how firms should report and communicate tail dependencies and correlations to stakeholders.
Funeral plans exposure draft
The consultations on the exposure drafts of the Insurance TAS and the Pensions TAS closed on 16 July 2010 and 21 May 2010 respectively. The BAS is now considering the responses and intends to publish the final Insurance and Pensions TASs later this year.
The consultation on the exposure draft of the TAS on pensions and insurance transformations closed on 27 August 2010. The BAS is now considering the responses and intends to publish the final TAS early next year.
A new coat of arms has been drawn up for the Institute and Faculty of Actuaries.