Latest IFoA news
Click to filter your search
Rosalind Rossouw of the IFoA’s Diversity Advisory Group reflects on different experiences of lockdown during the global coronavirus crisis
I have been reflecting on the diversity of experiences over lockdown recently. My own situation is unusual in that I have been working from home since mid-January due to a sporting injury.
Working from home
Andrew Smith is an assistant Professor at University College Dublin, who specialises in the application of advanced mathematical and statistical methods to solve problems in the financial services industry. In his blog, Andrew discusses principles that can be used to manage uncertainty in the context of the COVID-19 crisis.
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 17 of 2020 (18 April to 24 April) based on provisional England & Wales deaths data published by the Office for National Statistics (ONS) on 5 May 2020.
The key points of this update are:
Gareth Mee, Deputy Chair of the IFoA’s Finance and Investment Board, blogs on volatility in the insurance market.
Adele Groyer, Deputy Chair of the IFoA’s Health and Care Practice Board, blogs on issues before the board during the coronavirus crisis.
The Health and Care Board met on 28 April. This was our board’s first 100% socially distant meeting – and we can confirm the IFoA did not provide refreshments, but did provide the BlueJeans conference call system!
Voting members of the Institute and Faculty of Actuaries (IFoA) are called upon to vote on the election of the following individuals as Honorary Fellows nominated in 2019. These nominees are held by Council to have given service to the actuarial profession, directly or through achievements in related fields.
How to vote
Last month the IFoA wrote to the UK government to suggest a range of measures that would allow the insurance and finance sectors to respond more effectively to COVID-19. One of the measures in the letter proposed that the rules on Lifetime ISAs could be relaxed for a period of time. This would allow consumers to access money from these vehicles without ending up worse off.
Visesh Gosrani, Chair of the Institute and Faculty of Actuaries Cyber Risk Working Party, explains what a group of actuaries find helpful from Cyber Model vendors at the moment and what vendors can do to make their models indispensable.
In this blog, Matthew Edwards, Editor of the IFoA Longevity Bulletin, explains the difference between mortality and longevity, discusses some of the contexts in which the terms are used, and looks at complications that may make them less simple than might appear.