For those who could not attend GIRO 2019, we are pleased to offer recordings of some of the sessions which are available to purchase, download and view from your device.
Members - £35 per video
Non-members - £55 per video
Plenary 1: Responding to the Climate Crisis: Can Actuaries Save the World?
Temperatures are rising, extreme weather events are being amplified and insured losses are increasing. David Saddington asks what the role of actuaries is in responding to the climate crisis, the global challenge which is already pushing insurance to new limits.
In this opening keynote David talks about the climate-linked risks & opportunities for the insurance sector, reflecting on his work with the United Nations, national governments and multi-national businesses. He discusses how actuaries can help deliver a better world as well as seeking out new opportunities for better managing risk.
Speaker: David Saddington
Capital Core Topic: Looking to the future – Capital Modelling in 2025
An interactive panel discussion on how capital modelling may change over the next 10 years, considering the potential impact of and changes in technology, data, model use and regulations.
Pricing Core Topic: Peeling the Pricing Onion
We will be exploring the making of the Pricing onion: from its core – modelling and technology to the different layers.. These include increasing data, its use, what it takes for us to becoming an expert, as well as ethics and regulation.
Speakers: Chloe Paillot and Mahima Agarwal, Deloitte
Reserving Core Topic: The Future of Reserving Market Review
There is huge potential for innovation within reserving, and significant benefits to insurers from investing in enhancing their reserving processes.
During this session, we will share the key results and findings from our latest market review on the future of insurance reserving, based on interviews with 36 insurers during 2019.
The session will focus on key trends, including:
- Identifying the ideal future reserving processes for insurers
- Insurers’ short term priorities and longer term objectives
- How insurers are overcoming the barriers to change
Speaker: Tom Durkin, LCP
Plenary 4: The Fourth Industrial Revolution: The Insurance Opportunities
Right now, across the world, human progress is moving at pace. Society, business and governments are confronted with enormous change. With that change comes new challenges and new risks. As technology and data envelop us, the risk landscape increases in complexity, and the insurance sector is in a great position to make the most of the opportunities that all this change will bring. An exploration of how insurance can do its bit to enable that human progress and nudge it in the right direction.
Speaker: Dame Inga Beale, Noringa Consulting
Hot Topic: Drones, everything you need to know
This presentation aims to give a comprehensive overview of the drones/UAVs sector. This is particularly of interest given the recent events at Gatwick (and other airports) and also near misses with drones! The presentation has already been given at a number of Chartered Insurance Institut) events as part of their CPD and as such is aimed at insurance professionals.
- Explain the terminology and technology related to drones
- Explore how they are used in today’s industry with specific use cases
- Describe the regulation which applies to drones and their pilot
- Explain and understand the risks and perils that this new technology created
- Describe the insurance coverage available and how this is rated by insurance companies
- Understand the potential claims which could happen within this sector
Speakers: Tom Chamberlain and Tony Avery, Allianz Global Corporate and Specialty
Filter or search events
The Actuaries’ Carbon Collaboration (ACC) is a group of actuaries and other professionals working towards a coherent understanding of the issues around greenhouse gas (GHG) emissions by considering them in an actuarial context.
Emissions into and absorption from the atmosphere can be modelled in the same way that we model variable cash flows, including the impacts of uncertain quantities and timing. The ACC’s work investigates both the insights that this analogy provides and its limitations.
This talk presents the work of the Data and Modelling workstream of the IFoA Mental Health Working Party. We explore data and modelling considerations in the risk assessment and underwriting of mental health conditions. We will also consider how newer risk factors and improved data availability might open up opportunities for additional underwriting and product designs.
As the industry prepares for Pensions Dashboards, we have lined up a specialist panel who is at the heart of the ongoing work in this area. Hear the latest developments, future proposals and have the opportunity to put forward your questions to our speakers.
Crisis management, the process by which an organization deals with a disruptive, sudden and unexpected event that threatens to harm the organization or its stakeholders, has become a key concern in the light of the Pandemic and Geopolitical risks.
Artificial Intelligence is heralded as a game-changer to the ways industries use data, with the insurance industry especially looking to embrace these new technologies. This brings many questions – not least around data privacy, ethics, potential biases and so on – with regulators increasingly interested in developments.
Moreover, whilst the stunning progress of specific technologies such as Watson and Alphazero made headlines some years ago, current commercial applications of AI remain far from mature.
This webinar will cover:
• Some background on the risks of misselling in an ESG context, including the DWS case
• Achieving positive impact is a strong antidote to the risks of greenwashing or ESG misselling, however this risks having a tension with fiduciary responsibilities
• This tension can be resolved with a concept called Universal Ownership
• Under Universal ownership, investors have an appetite to make a loss in order to achieve positive impact, and yet still have no compromise on their fiduciary responsibilities
This session will focus on the transformation roadmap of the healthcare sector in KSA and the role of actuarial capabilities in enhancing its evolution to the desired end stage as per the objectives of the Vision 2030. The discussion will focus how the system has evolved so far and shed light on the expected future changes. Through examining the transformation, we will highlight how the sector is and can use actuarial expertise to not only assist with this transformation but also use basic actuarial principles to identify the key risks and their respective mitigation strategies.
The purpose of this research paper is to explore enterprise risk management lessons which can be learnt from the Covid-19 pandemic in preparation for potential future pandemics as well as other “gray rhino” or “black swan” events. This paper is not intended to be an all-encompassing solution to the issues presented by Covid-19; rather, the content has been provided to help drive discussions regarding how risk management processes may need to evolve in line with the dynamic nature of the underlying risks that they sometimes need to capture.
The IFoA's Infrastructure Working Party, led by Chris Lewin, will present its new introductory guide to infrastructure investment, which will be published on the IFoA web-site prior to the webinar. Those readers whose institutions have already taken the plunge into infrastructure will know that it is a highly complex and diverse field of activity. This guide does not explore all the matters which investors take into account, but it does discuss many of the more important points, including the risks and past returns, benchmarking, and ESG and SDG considerations. Attendees will be invi
Health contributes to happiness at the personal, family, community and societal level. Health, importantly underpins all our economic security. This talk will explore the drivers of our health, the measurement of health and the steps we can take to improve health – most of which lie outside the NHS.