- Antibiotic Resistance - examined the rise of Antibiotic resistance (‘ABR’) and how it had become an increasing concern to the medical professions, health services and governments of the world’s major economies
- Cancer Modelling – aimed to develop projections of the likely future financial burden of cancer in England and Wales, covering both direct and indirect costs
- Critical Illness - to examine the risks and pricing issues associated with current ABI+ and newer minor illness definitions in the Critical Illness Market
- Genetics - aimed to accumulate a body of evidence regarding the potential risks of anti-selection from genetic testing to allow the profession to make informed contributions to this topic
- Impact of Wearables and the Internet of Things - the aim of the working party was to look at the emergence of wearable technology and the internet of things and their current and potential usage within the health and care area.
- Income Protection - examined the relationship between sickness and socio-economic factors
- Insuring Later Life Illnesses - worked to provide a deeper understanding of later life conditions, and thus allowing insurers to develop more product solutions to help fund care and other costs in later life
- Life and Health Reporting - studied the reserving practices of different firms with reference to health and care insurance products
- Long Term Care - analysed alternative long term care funding models, global models and the potential applications to the UK
- Product Research Group - explored the role of pensions and other products which could provide a framework for saving to meet potential long term care needs.
- Pensions and Long Term Care Steering Group was a cross practice Working Party investigating the challenges of meeting long term care costs, a significant funding challenge for individuals, and both, current and future governments
You might also like
Research working parties active in the Health and Care field
A-Z of IFoA research projects
For more information about Health and Care working parties contact the Communities Team.
Filter or search events
This year's GIRO has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the general insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's GI Online Learning Resource area.
This webinar will provide an update on the emerging thinking around future regulation of DB schemes:
The webinar will discuss the challenges and opportunities schemes face in evaluating end game options, choosing a target state and understanding the impact this strategic decision could have on member outcomes long after the “end state” is reached. Adolfo, Kevin and Rhian bring over 60 years of experience in the industry and a variety of perspectives as scheme actuary, covenant adviser, trustee, de-risking adviser and insurer.
Retail banking is going through a period of substantial change as it moves into the digital age. Banks have large amounts of data about their customers and about their risks. Open data application programming interface (APIs) and data science are enabling banks to use their data to offer innovative and sometimes personalised services. Data science is also adding value in risk areas such as fraud detection and cyber security. At the same time, the move to online banking is making it easier for firms including fintechs to enter banking without having to establish branch networks.
Cash-flow driven investing is a game-changer for DB pension funds navigating their end-game. Suitable for sponsors who want to reduce risks on their balance sheets. And for trustees, it shifts the focus to providing greater certainty of returns, managing funding level volatility and ensuring they have enough income to pay cash-flow requirements.
Patrick Kennedy, Partner at Gateley Legal and Founding Director of Entrust (a leading professional pensions trustee company), will be delivering an update on the latest legal developments during the course of 2020. With both a pensions legal perspective and over 25 years of trustee service, Patrick will seek to highlight how the letter of the law has continued to evolve against the backdrop of a difficult and challenging year
The talk will provide an understanding of the priorities and relationships between deficit reduction contributions, in the context of wider scheme funding, and different types of value outflow from the employer based on the working party’s recently published report.
Covid-19 has required an urgent and cross-practice initiative to facilitate the extensive impact this pandemic has across all industries. IFoA members have been keen to contribute in a different way, so we developed the IFoA Covid-19 Action Taskforce [ICAT] to coordinate our effort, with a more efficient governance.
We have over 500 volunteers and countless topics which we have amalgamated into 93 workstreams.