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eBook release - Programming for Actuarial work
20 August 2020
As part of the Programming for Actuarial Work Working Party's purpose to support members with developing their programming skills, we are pleased to be able to release "An Introductory Guide to Programming". The objective of this guide is to introduce the main concepts of programming to the actuarial community, using extensive examples written in R.
GI Insurtech Working Party Survey
20 August 2020
The GI Insurtech Opportunities in General Insurance Working Party would like to ask all GI actuaries (fellows, associates and students) to fill out their survey. This survey is to gauge actuaries' views on the impact of new technology on the general insurance industry and on actuarial work in particular. It's nearly all multiple choice and should only take
Risk v Uncertainty? Just semantics? Maybe not
20 August 2020
Paul Harwood, Member of the Risk Management Board, shares his thoughts.
About ten years ago, I came across a paper suggesting that there was a difference between risk and uncertainty. I passed over it at the time, thinking that this was pedantry of the worst kind. Then, as I became more involved in the risk world, the important distinction – especially for actuaries – became clear.
In short, a risk can be modelled, an uncertainty can’t.
CMI notes deaths below 2019 levels for the eighth successive week
18 August 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 32 of 2020 (1 to 7 August) based on provisional England & Wales deaths data published by the Office for National Statistics (ONS) on 18 August 2020.
The key points of this update are:
The opportunity to grow – Jasvir Grewal
18 August 2020
Jasvir Grewal has volunteered for the IFoA since 2013. She has been a member of several working parties, including the Model Risk Working Party and current membership of the Cyber Risk Working Party.
Income and inequalities - thoughts as we emerge from lockdown
17 August 2020
Four members of the IFoA COVID-19 Task Force share their thoughts as we emerge from lockdown and as they embark on their volunteering journey to investigate the impact of the pandemic on incomes and inequality.
Crisis learning
14 August 2020
Helena Ingram, Actuarial Mentoring Programme lead on the IFoA’s Diversity Advisory Group, and IFoA Lifelong Learning Board member, blogs on how the coronavirus crisis could lead to a more inclusive approach to learning.
Property: another COVID-19 victim
12 August 2020
This blog provides an overview of the impact of COVID-19 on open-ended property funds and is aimed at the interested observer within the industry; an understanding of property funds, fund management and insurance is assumed.
The Arc of Geopolitical Risk
12 August 2020
Lawrence Habahbeh, Chair of the Sustainable Development Goals MIG, discusses the differences between government instability and hard core geopolitical risk and the leading risk factors driving geopolitical instability.
All systems go: R&E Board meeting update - July 2020
12 August 2020
Simon Jones provides an update on the Resource & Environment Board as he steps down as Chair.
Our second fully virtual board meeting and yet another packed agenda reflecting the ongoing level of activity amongst the Board which continues to pick up momentum.