Covid-19 a once-in-a-century event that will shape the profession for years to come. Some actuaries, particularly those involved in pandemic risk, are now at the forefront of understanding Covid-19. Many more are involved in supporting clients and employers deal with the varied implications.
The IFoA has a significant role to play in the current crisis and in order to ensure that it can do this speedily and effectively, a Covid-19 Action Taskforce (ICAT) was established and is responsible for leading and coordinating the IFoA’s response to the coronavirus crisis. This volunteer activity across the organisation is led by Louise Pryor (incoming President-Elect) along with Colin Dutkiewicz (Chair, Life Board) and Jo Davis (Head of Communities).
There is also a small team of volunteers working with this ICAT Management Team; Julie Pallister, (lead), Kirstin Cam, Holly Steward and Randy Wright who undertake miscellaneous tasks to aid with the coordination, oversight and running of the ICAT workstreams. To date this has included reviewing and presenting the results of the survey, supporting with workstream volunteer allocations, coordinating responses to reviews of papers and assisting with communications.
We have received interest from 557 volunteers and countless topics which have been amalgamated into 93 workstreams.
Below is what we know thus far and will be updated regularly as more information comes through.
To help the Practice Boards and workstreams in their work, we have produced a helpful Guidance Note. Please contact Dawn McIntosh for further information.
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The IFoA’s Actuarial Review Team has published its first thematic review, which looked at the actuarial advice given by scheme actuaries to UK pension scheme trustees on setting transfer values and commutation rates.
IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual India Town Hall 2021, hosted by John Taylor with IFoA Council Member Mahidhara Davangere and IFoA Chief Executive, Stephen Mann.
What are the options for the world economy looking ahead?
In this Thought Leadership Lecture, Economist, Vicky Pryce, will be discussing world economic trends, including the differences in geographical performance and how output is recovering and where.
Trust and Leadership for Actuaries
Led by Dr. Jim Baxter, University of Leeds, this webinar introduces some key ideas in the ethics of trust, with a particular focus on those in, or on the path to, leadership roles. Dr Baxter is joined by a panel of experienced leaders who will give their personal perspectives on how they understand the value of trust and how they seek to promote and inspire trust, drawing on their experiences of leadership. The panel includes:
In this webinar, we have two presentations showing the latest research on the implications for life and health insurers of two key issues: genomics and pandemic risk.
Dr Peter Joshi and Paul Timmers will share their research on how well-established underwriting processes can allow for genomics in predicting expected mortality and morbidity. They will then discuss the potential for stratified screening and personalised medicine to improve health and reduce claim costs.
As the world’s attention begins to turn to COP26 later this year in Glasgow, Sarah Gordon (Chief Executive, Impact Investing Institute) will share her vision for how the financial services industry can deliver for people and the planet, as well as how to encourage more investment with the intention to generate positive, measurable social and environmental impact alongside a financial return.
IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual SSA Town Hall 2021, hosted by John Taylor with IFoA Council Members Mukami Njeru, Prosper Matiashe and IFoA Chief Executive, Stephen Mann.
IFoA Immediate Past President John Taylor would like to invite you to the Institute and Faculty of Actuaries’ (IFoA) virtual MENAP Town Hall 2021, hosted by John Taylor and IFoA Chief Executive, Stephen Mann.