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COVID-19 report: Impact on new business in health & care
21 May 2020
Could CBDC pave the way for helicopter money in the COVID-19 crisis?
20 May 2020
A year after their paper Understanding Central Bank Digital Currencies, The Cashless Society Working Party is revisiting the topic. In the first in a series of blogs, Orla Ward discusses the potential for a Central Bank Digital Currency to swiftly provide ‘helicopter money’ to citizens as an alternative Central Bank monetary policy tool.
Over 550 volunteer for COVID-19 Taskforce
20 May 2020
Following a call for volunteers for the IFoA Covid-19 Action Taskforce (ICAG), an incredible 552 members have so far signed up to help form the IFoA’s response to the coronavirus crisis.
CMI cautions that fall in excess weekly deaths exaggerated by timing of VE Day
19 May 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 19 of 2020 (2 May to 8 May) based on provisional England & Wales deaths data published by the Office for National Statistics (ONS) on 19 May 2020.
The key points of this update are:
Mortality risk factors
15 May 2020
In this article Matthew Edwards looks at risk factors in the context of mortality: what they are, how they help, and how we can misunderstand them. The use of combinations of mortality risk factors (rather than the application of single risk factors in isolation) has become increasingly common in life and non-life insurance, and many mortality studies in respect of pension schemes also make use of these techniques.
My story
14 May 2020
John Taylor, IFoA President, shares his story about the importance of mental health awareness.
“I’m the great and powerful Wizard of Oz,” says the wizard just as the curtain is drawn back to expose a very different truth. I’ve never considered myself the great and powerful president, but I am drawing back the curtain to reveal my truth.
Nicholas Actuarial Solutions awarded the IFoA’s Quality Assurance Scheme accreditation
14 May 2020
The Institute and Faculty of Actuaries (IFoA) is delighted to announce that its prestigious Quality Assurance Scheme (QAS) accreditation has been awarded to Nicholas Actuarial Solutions on 5 May 2020. This represents a further extension to the scheme membership in Asia, where we are pleased to be accrediting those who have met the QAS standards. Find out more about the QAS
2020: Are retail Central Bank Digital Currencies (CBDC) in the fast lane?
13 May 2020
A year after their 2019 paper "Understanding Central Bank Digital Currencies", the Cashless Society Working Party is revisiting the topic with a blog series. In the first of the series, Sabrina Rochemont brings you up to speed with key developments in the retail (general purpose) CBDC space this year so far.
Female mentors triple on the Actuarial Mentoring Programme
12 May 2020
The actuarial profession’s mentoring programme, known as AMP, has launched for the third year with 20 organisations, to form a total of 91 mentoring partnerships now taking part. In addition to nine new companies joining the programme, 46% of this year’s mentors are female, up by 13% from last year, with nearly half the programme’s mentors having more than 20 years’ experience in the industry.
CMI anticipates gradual decline in excess weekly deaths
12 May 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 18 of 2020 (25 April to 1 May) based on provisional England & Wales deaths data published by the Office for National Statistics (ONS) on 12 May 2020.
The key points of this update are:
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