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In this blog, Matthew Edwards, Editor of the IFoA Longevity Bulletin, talks about life expectancy and the contribution actuaries can make during the COVID-19 crisis.
A group of membership bodies, representing around 300,000 members ranging from optometrists, osteopaths and physiotherapists to market researchers and accountants, has joined forces to call for financial support for their forgotten members who have been overlooked for Government support. These self-employed professionals and small businesses provide important services which have been badly impacted by the COVID-19 pandemic but are struggling to access any of the existing schemes.
This recent report explores the tension within companies regarding their reporting and disclosure on environmental, social and governance (ESG) issues to build a better understanding of the risk/return profile of transparency and thereby help companies to balance competing interests. Initiatives that rank companies’ performance based on information in the public domain are creating new incentives for leading companies to be transparent about their ESG performance.
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.
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.
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.
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:
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.
Chika Aghadiuno, chair of the IFoA’s Diversity Advisory Group, blogs on how the coronavirus crisis is exposing inequities in society.
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.
Working Party Chair