Students may find it useful to consult some of the suggested reading listed in Unit 18 of the SA1 Core Reading to obtain a wider appreciation or different viewpoint when studying a particular topic.
However, students are not expected to have read all of the items on the list or to have gained a detailed knowledge of any particular topic additional to that contained in the Core Reading. Equally, students may use other sources of information to enhance their wider understanding, such as:
- The financial press and weekend supplements
- The trade press, particularly those that specialise in health and care
- Publications and websites of reinsurers and actuarial consultancies
- Information on the websites of bodies such as the ABI, PRA and FSA
- Papers from the Institute and Faculty of Actuaries and the Staple Inn Actuarial Society (see also below)
- Continuous Mortality Investigation bulletins
- Presentations made at recent Health and Care Conferences
- Health related presentations made at recent conventions for younger members or for other practice areas (e.g. Life, General Insurance)
- Health Seminars arranged by the Institute and Faculty of Actuaries
- Other recommended references on the Health and Care Practice Area of the Institute and Faculty of Actuaries website
Staple Inn Actuarial Society papers
The SIAS website also offers its route to the 'SA1' papers listed below here.
- The comparative effects on UK public expenditure of implementing long-term care systems as practised in Japan, Germany and Sweden. Karlsson, Martin; Mayhew, Les; Plumb, Robert H; Rickayzen, Ben D (2004)
- The chronic disease burden - an analysis of health risks and health care usage. (2005) Alder, Joanne; Mayhew, Les; Moody, Simon; Morris, Richard; Shah, Rajeev
- Exploring the critical path. (2006) Robjohns, Neil; Galloway, Hamish; Morris, Richard; Reid, Scott K; Wells, Joanne C
- Long-term care insurance: a guide to product design and pricing. (1998) Dullaway, David; Elliott, Sue
- Pensions and healthcare for an ageing population. (2011) Jollans, Alastair
- Demystifying the risk margin: theory, practice and regulation. Brown, A. (2012)
- Extending the critical path: a report from the critical illness Definitions and Geographical Variations Working Party. Banthorpe, P. et al. (2013)
- The ECJ Gender Directive ruling - one year on. Texier, L; Bhudia, R. (2014)
Institute and Faculty of Actuaries papers
Title links are to papers on the IFoA website, as first presented to IFoA sessional research meetings. Their British Actuarial Journal (BAJ) references have 'DOI' permanent links to the BAJ article. Members can access these after member login to Cambridge Core via the IFoA website or the Athens portal - please contact Library Services for an Athens account.
- Adverse selection in a start-up long term care insurance market. (sessional research paper, 2014) - Adams, C. et al. (2014). (added for SA1 Core Reading 2016)
BAJ (2015) 20(2). (DOI: https://doi.org/10.1017/S1357321714000270)
- Disease management programmes for major depression: making the financial case. (sessional research paper, 2009) - Buckle, J.
BAJ (2009) 15(3): 679-725. (DOI: https://doi.org/10.1017/S1357321700005766)
- Enterprise Risk Management for health insurance from an actuarial perspective. (sessional research paper, 2010) - Orros, G.; Smith, J.
BAJ (2012) 17(2): 259-314. (DOI: https://doi.org/10.1017/S1357321712000062)
- Long-term care - a review of global funding models. (sessional research paper, 2012) - Elliott, S et al.
BAJ (2014) 19(1): 259-314. (DOI: https://doi.org/10.1017/S1357321713000172)
- Long-term care - a review of global funding models. (sessional research paper, 2014).
BAJ (2015) 20(1): 167-208. (DOI: https://doi.org/10.1017/S1357321714000300)
- Model risk: daring to open up the black box. (sessional research paper, 2015) - Morjaria, N. et al.; Model Risk Working Party.
BAJ (2015) 21(2): 229-296. (DOI: https://doi.org/10.1017/S1357321715000276)
For research currently being undertaken by working parties please got to Research Projects (Apply search filter ‘Health and care’ for relevant papers).
The IFoA Library has these recent books available for members to borrow or access via the IFoA eLibrary:
- Actuarial aspects of long term care. Dupourqué, E; Planchet, F and Sator, N. (editors). Heidelberg: Springer, 2019. ISBN 9783319122342.
(Borrow from libraries | Access eBook after member login to Actuarial Knowledge Hub via Athens*)
- Health insurance: basic actuarial models. Pitacco, E. Heidelberg: Springer, 2015. ISBN 9783319122342.
(Borrow from libraries)
- Individual health insurance. 2nd ed. Leida, H.K.; Bluhm, W.F. (2015). Winsted CT: ActEx, 2015. ISBN 9781625424846. (referenced in SA1 Core Reading, Unit 18)
(Borrow from libraries)
* IFoA Members and Affiliates can login with their IFoA member credentials via Athens to the IFoA Actuarial Knowledge Hub to search for and access ebook titles.
For any library enquiries please contact:
We try to respond to email queries within one working day. Researcher access to historical resources may require notice in advance of visit in order to retrieve items from storage.
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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 year's Life Conference 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 life insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's website.
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.