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Navigating the world of ESG reporting frameworks
4 March 2021
Businesses are under intense pressure from investors, regulators, employees, and customers to get serious about sustainability, and ESG disclosures are often one of the first steps on this journey. Sharing information about carbon emissions, diversity and inclusion, anti-corruption policies, and other components of ESG is becoming a common activity among enterprise businesses. In fact, 90% of S&P 500 companies published a corporate sustainability report in 2019. Investors are also increasingly considering ESG as a standard aspect of the investment process.
A guide to building climate-financial scenarios for financial institutions
4 March 2021
The Grantham Institute has released a report which aims to set out a framework for commercial financial institutions that wish to incorporate climate concerns in scenario analysis. It focusses on key concepts that firms need to understand and put together in order to create transition scenarios for their business strategy and risk management. Climate financial scenario analysis is challenging. The climate transition will create structural economic change that is not straightforward to model.
CMI notes continued fall in weekly excess deaths, particularly at older ages
2 March 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 7 of 2021 (13 February to 19 February) based on provisional England & Wales deaths data published by the Office for National Statistics (ONS) on 2 March 2021.
The key points of this update are:
How do we build back better from Covid-19?
26 February 2021
Richard Purcell summarises the discussions at the recent Health & Care board meeting.
FRC call for feedback on Technical Actuarial Standards
26 February 2021
The Financial Reporting Council (FRC) is carrying out a post implementation review of the Technical Actuarial Standards (TASs), and has issued a call for feedback for the current framework for TASs, Technical Actuarial Standard 100 (TAS 100) and potential actuarial standards in relation to IFRS 17. A second, later phase will focus on the sector-specific TASs.
Prestigious award for Actuaries Covid-19 Response Group
26 February 2021
The Covid-19 Actuaries Response Group (ARG) has been named as winner of the Judges’ Award for contribution to the industry in the Insurance ERM 2021 awards. This recognition of ARG’s work comes almost a year to the day since the group came together and just as it passed a key milestone of publishing its 100th bulletin.
2020 Regulatory Round-up
25 February 2021
Welcome to our roundup of the key regulatory news from 2020.
Below you will find a round-up of the key regulatory news stories from this year, which includes the publication of new standards, consultations, reviews and more.
CMI notes excess deaths starting to fall
23 February 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 6 of 2021 (6 February to 12 February) based on provisional England & Wales deaths data published by the Office for National Statistics (ONS) on 23 February 2021.
The key points of this update are:
Pensions Thematic Review update
18 February 2021
David Gordon, Senior Review Actuary, provides an update on the Pensions Thematic Review.The actuarial monitoring team and I were delighted that over 300 people joined us on our interactive webinar covering the recently-published Thematic Review on Actuarial Factors used in UK Pension Schemes.
CMI measure of excess deaths for UK passes 100,000
16 February 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 5 of 2021 (30 January to 5 February) based on provisional England & Wales deaths data published by the Office for National Statistics (ONS) on 16 February 2021.
David Gordon, Senior Review Actuary, provides an update on the Pensions Thematic Review.Pages
