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Are you giving cyber risk the attention it requires?
6 November 2018
Are you prepared to meet the serious challenge of cyber threats? Visesh Gosrani blogs on a key issue facing global business.
“It won’t happen to us!”
“How many insurers have you seen affected by cyber risk events?”
“We don’t have the budget to spend.”
Nick Dumbreck elected Chair of the CERA Global Association
6 November 2018
Building on previous success
The CERA Global Association (CGA), which grants actuarial organisations the right to award the CERA enterprise risk management credential, is delighted to announce the appointment of Nick Dumbreck as the new Chair of the Board.
The Pensions Dashboard: An Actuarial Perspective
5 November 2018
Future Pensions Landscape publish report on the Pensions Dashboard
The pensions dashboard has been talked about across the industry for a long time. With the proposed implementation of date of 2019 (albeit it has been questioned by some whether this is achievable or not), it is time to consider the actuarial aspects behind providing individuals with details of their pension benefits.
Feedback on the Chief Actuaries and Senior Life Actuaries Workshop
5 November 2018
This October, I chaired the above workshop where a wide range of topics were presented to stimulate thought and debate as senior life actuaries focus on the usual year-end activities. Whilst a backdrop of mortality and economic uncertainty is the norm, this year there are more challenges than usual with: a buck in the trend for mortality improvements; the potential impact of Brexit; and the challenges arising from climate change. So the agenda for the day needed to cover a wide range of topics and subsequent attendee feedback has confirmed this approach was much appreciated.
Feedback from Health and Care Hot Topics – September 2018
5 November 2018
On 17 September , I chaired a Sessional meeting for the Health and Care practice area. This is the fourth year we have run the “Hot topics in Health and Care” event covering three varied topics, where the author writes a short paper made available before the event and presents their findings in the evening.
Debate on global hurricane clustering
2 November 2018
The 2017 and 2018 hurricane seasons have again focussed the attention of the catastrophe risk management and insurance community on the topic of hurricane clustering in the North Atlantic. Have the most recent hurricane seasons caused us to update our view of clustering as a meteorological occurrence, and if so, in what ways? This takes place on the 29th November.
Find out more and register to attend
Looking back on long-term investment
1 November 2018
Dick Rae, Chair of the IFoA’s Finance and Investment Board considers the history of long-term investment ahead of the Autumn Lecture, delivered by Lord Myners next week.
Pensions in a Global Context paper
25 October 2018
The Pensions in a Global Context Working Party has used the World Bank pension policy framework to evaluate a range of pension system designs in seven countries around the world (Brazil, Canada, China, Germany, India, Nigeria and Sweden). The World Bank’s Five Pillar framework sets out primary evaluation criteria, which are adequacy, affordability, equity, predictability, sustainability and robustness.
It’s not all bad news: Climate-related risks and opportunities
25 October 2018
The UN Intergovernmental Panel on Climate Change released a report last month warning that there is a very real risk that global warming could reach 1.5 degrees Celsius by as early as 2030. This poses significant risk to health, livelihood, food security, water supply, human security, and economic growth.
Life changing accidents: How a change in compensation payments could help
23 October 2018
When properly insured individuals are injured in an accident, it is right that they are compensated for any resulting reduction in their quality of life. Institute and Faculty of Actuaries’ (IFoA) Public Affairs Manager Michael Williams blogs on the compensation solution that helps provide extra protections to injured individuals.