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Reviewing your liquidity arrangements
1 July 2020
Hetal Patel of the IFoA's Finance and Investment Practice Area Board considers the shock to the financial system delivered by the COVID-19 global crisis from the perspective of institutional investment funds.CMI observes deaths dip below 2019 levels for the first time since March
30 June 2020
During the coronavirus pandemic, the Continuous Mortality Investigation (CMI) is publishing frequent UK mortality analysis through its mortality monitor. This week’s update shows the position as at week 25 of 2020 (13 to 19 June) based on provisional England & Wales deaths data published by the Office for National Statistics (ONS) on 30 June 2020.
The key points of this update are:
The hidden risks of being poor
29 June 2020
Policy Manager, Faye Alessandrello, discusses the collaborative research being undertaken by the IFoA and Fair By Design into the poverty premium in the insurance sector.
Wearable technology and insurance pricing
26 June 2020
2019 Geoffrey Heywood Prize winner and Senior Lecturer at Queen’s University Belfast, Mark Farrell, blogs on how his research worked to fill a gap in industry understanding of the opportunities presented by health and lifestyle data from wearable technology.Has risk management failed?
24 June 2020
Paul Harwood, Member of the Risk Management Board, shares his thoughts.
I had a mentor who would distinguish between those who merely did stuff and those who really meant it. There is a world of difference between ticking boxes and achieving an outcome. Risk management can be frustrating because much of what is written seems to be about managing things how they should be, rather than how they are.
Do you think there is a future for long term guarantees in the UK?
24 June 2020
Do you think there is a future for long term guarantees in the UK? What could be done to make them more affordable and attractive?
The IFoA Long Term Product Guarantees Working Party is holding a series of (virtual) round table discussions on:
Friday 3 July (9am BST) - Why do people want and need these guarantees?
Wednesday 22 July (9am BST) - Why have guarantees fall out of favour in the UK market?
Thursday 13 August (9am BST) - What would be needed to help make these products viable going forward?COVID-19: A bump in the road for DC savers?
24 June 2020
As the IFoA launches new work on saving for retirement, Catherine Burtle, IFoA Policy Manager, looks at how COVID-19 could be affecting savers’ ability to stay on track.
Health and Care Board - Have your say!
23 June 2020
As a member of the Health and Care community, we would like to hear your views on how we can better communicate and engage with you on what is happening within the practice area.
The Health and Care Board would greatly appreciate if you could take a few minutes to complete a survey and share your views as a community member on how we can engage more effectively with you on all upcoming Health and Care matters.
CMI notes excess deaths remain low
23 June 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 24 of 2020 (6 to 12 June) based on provisional England & Wales deaths data published by the Office for National Statistics (ONS) on 23 June 2020.
The key points of this update are:
Amendments to the IFoA's Regulations
23 June 2020
At its meeting on 4 June 2020, the Institute and Faculty of Actuaries’ Council agreed to amend two of the IFoA’s Regulations:
Hetal Patel of the IFoA's Finance and Investment Practice Area Board considers the shock to the financial system delivered by the COVID-19 global crisis from the perspective of institutional investment funds.
2019 Geoffrey Heywood Prize winner and Senior Lecturer at Queen’s University Belfast, Mark Farrell, blogs on how his research worked to fill a gap in industry understanding of the opportunities presented by health and lifestyle data from wearable technology.
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