Latest IFoA news
Click to filter your search
Science-backed climate change data on the rise
27 April 2020
The Alan Turing Institute, the UK’s national institute for data science and AI, and Cervest, the Earth Science AI company, have teamed up to develop climate change research. They aim to develop data which is currently lacking in certain regions across the world, allowing organisations and communities to have a better understanding of climate change risks.
Rate the Raters 2020: ESG ratings
27 April 2020
This report, from think tank Sustainability, shares insights from 17 in-depth interviews with investors, supplemented by a survey of 25 investors, highlighting their views on current Environmental, Social and Governance (ESG) ratings.
Risk Alert COVID-19
22 April 2020
The Institute and Faculty of Actuaries (IFoA) has today (22 April) issued a Risk Alert on points for actuaries to consider in relation to COVID-19. This can be found on the Risk Outlook page.
It aims to help bring to the attention of Members some specific issues that have been identified that they may need to consider in the immediate term as a result of COVID-19. It is hoped that the Risk Alert will provide a useful starting point and reminder as Members seek to navigate the current uncertainty.
CMI calculates deaths attributable to COVID-19
21 April 2020
During the coronavirus pandemic, the Continuous Mortality Investigation (CMI) is publishing weekly UK mortality analysis through its mortality monitor. This week’s update shows the position as at week 15 of 2020 (4 April to 10 April) based on provisional England & Wales deaths data published by the Office for National Statistics (ONS) on 21 April 2020.
The key points of this update are:
Investment Actuaries: Check your COVID-19 response
21 April 2020
Dick Rae, Chair of the IFoA’s Finance and Investment Board, rounds up the Board’s advice to actuaries for responding to the coronavirus crisis.
I, along with the rest of the F&I Board hope that you are keeping safe and well. Many of you probably feel well supported in your work by your organisation and by your colleagues. The F&I Board is conscious though that some of you may not enjoy that luxury.
Global Pandemic - the great leveller?
17 April 2020
Chika Aghadiuno, chair of the IFoA’s Diversity Advisory Group, blogs on how the coronavirus crisis is exposing inequities in society.
IFoA E-cigarettes Working Party - Sessional paper and film of Sessional meeting available
14 April 2020
The IFoA working party on e-cigarettes has now published their final paper which can be found on their web page. A film of their recent sessional meeting on 24 February is also available on the VLE.
Niel Daniels
Working Party ChairDeaths attributable to COVID-19
14 April 2020
During the coronavirus pandemic, the Continuous Mortality Investigation (CMI) is publishing weekly mortality updates. This update shows the position as at 3 April 2020 (week 14 of 2020), based on provisional deaths data published by the Office for National Statistics (ONS) on 14 April 2020.
The key points of this update are:
Should your risk management approach change with the economic cycle?
9 April 2020
Paul Harwood, member of the Risk Management Board shares his thoughts!
At the 2012 risk conference, Michael Thompson and Alice Underwood shared some work describing how different corporate cultures treat risk. There were four distinct approaches suggested: risk seeking, risk sharing, risk management and risk avoidance.
The research went on to model success in different economic conditions, aiming to show that a different risk approach produced the best results in different economic conditions (stable, volatile, trending upwards, trending downwards).
Right Keir, Right Now
8 April 2020
In this blog, policy and public affairs assistant Katy Little discusses the results of the Labour leadership contest and how new leader, Sir Keir Starmer, now has the monumental task of repositioning the party with both party members and the electorate following four consecutive general election losses. Find out more about what policy and personality changes we can expect to see and how these relate to the IFoA’s Key Policy Priorities.