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Regulation change
19 June 2019
Changes to the Regulations approved by Council are now being shared with members.
Actuarial exams - the step up from University
14 June 2019
In this blog, Mia Collier, Actuarial Consultant at Barnett Waddingham, talks about the differences in moving from University to the actuarial exams, with some helpful tips to manage.
“Exams are finally over” – you say leaving your final university exam. Unfortunately, for those going into the actuarial profession, this is not the case. In fact, the actuarial exams will differ from any you have taken before in many ways. In this blog, I will discuss the five areas, where I have seen these differences.
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Last chance to vote in Council Elections 2019
14 June 2019
Voting for the IFoA Council Elections 2019 closes at 12:00 (BST) on Monday 24 June.
Council elections are your opportunity to influence the strategic direction of the IFoA. Make sure you use your vote!
Seventeen candidates are standing for eight vacancies in the General constituency and three candidates are standing for two vacancies in the Scottish constituency.
Nominations are open for the GI Board Outstanding Achievement Award
13 June 2019
The GI board has opened nominations for its Outstanding Achievement Award. The criteria for the award have been revamped to reflect a diverse range of ways that GI actuaries could have made outstanding contributions. The criteria can be found on the website here. If you would like to nominate someone for the award, please email GI.earlycareers@actuaries.org.uk outlining how you think they meet one or more of the criteria. Nominations close Monday 15th July.
The growth of Africa’s actuarial profession
12 June 2019
Marjorie Ngwenya, Immediate Past President of the IFoA, blogs on the actuarial profession in Africa.
The actuarial profession in Africa is in an exciting growth phase. The IFoA has 2,246 registered members in the region (representing 7% of its global membership).Infrastructure Finance
5 June 2019
Policy manager Matthew Levine talks about why infrastructure finance is being put under the spotlight.
Nothing Without Energy
3 June 2019
Carol Storey, Manager (Sustainability & Climate Change), PwC and Resource and Environment Research and CPD committee member, explains why a new IFoA working party will be looking at the role of energy in the economy and invites you to get involved.
Nothing happens in our world without energy. Global economic growth has depended on harnessing ever increasing amounts of energy. Since overall investment returns depend on economic growth, changes in the patterns of energy use should be of great interest to actuaries.
Spotlight on GI Asia Working Party Member: Saunak Dutta
31 May 2019
Saunak is currently working as a Pricing Actuary in the Casualty Asia Team for Swiss Re Global Services and currently based out of Bangalore, India.In his current role, he leverages his knowledge on pricing and is heavily involved in providing analytical support for a wide variety of projects across the Asian region.
Spotlight on GI Asia Working Party Member: Yuan Tian
31 May 2019
I am a qualified actuary and currently working in the AM Best Analytics team in Singapore.Update from the GI Asia International Working Party
31 May 2019
Cyber risk:
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Other actuary news
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Pension stewardship guide published
Added: Thu, 20/06/2019 - 11:31The Pensions and Lifetime Savings Association (PLSA) has published a new guide to help UK pension funds comply with environmental, social and governance (ESG) requirements coming into force later this year. -
Trade credit insurance claims hit 10-year high
Added: Wed, 19/06/2019 - 16:00There were more insurance claims to cover the non-payment of debts in the first three months of this year than in any other quarter over the last decade, the Association of British Insurers (ABI) has revealed. -
Pension giant to end tobacco investments
Added: Tue, 18/06/2019 - 15:30The UK's National Employment Saving Trust (Nest) pension scheme has pledged to end all its investments in the tobacco industry within two years. -
Investors demand climate risk disclosures from over 700 companies
Added: Mon, 17/06/2019 - 15:00A group of investors with nearly $10trn (£8.9trn) of assets has today launched a campaign demanding hundreds of companies disclose their exposure to climate change. -
Technology to replace one-fifth of jobs in just five years
Added: Fri, 14/06/2019 - 17:00Artificial intelligence (AI) and automation are expected to replace one in five jobs within the next five years, a global survey of over 3,600 IT leaders by KPMG and Harvey Nash has found. -
Outdated technology ranked the top risk for insurers worldwide
Added: Thu, 13/06/2019 - 12:00Legacy IT infrastructure and business models pose the greatest threat to the global insurance sector, a poll of more then 900 senior industry experts has found. -
Public interest in social care plummets
Added: Wed, 12/06/2019 - 17:15There has been a significant fall in interest around who should pay for social care in the UK amid a policy paralysis widely blamed on Brexit, new research has uncovered. -
Spike in work-related injury claims predicted as home workers rise
Added: Tue, 11/06/2019 - 12:20Employers could soon encounter a growing number of claims for musculoskeletal disorders (MSDs) as more people start working from home. -
Insurance buyers warned of firming market conditions
Added: Mon, 10/06/2019 - 16:00European insurance buyers should prepare for rising rates and tightening terms and conditions after insurers suffered unprecedented losses over the last two years. -
Growing support for TCFD recorded
Added: Fri, 07/06/2019 - 12:20The number of companies and organisations supporting the Task Force on Climate-related Financial Disclosures (TCFD) has risen by more than half since last September.