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The Actuary The magazine of the Institute & Faculty of Actuaries
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Never a dull moment

I am writing this having recently returned from a very sunny Yerevan where I was teaching a course to the Armenian actuaries of the future. These bright young professionals are starting to build an actuarial association and have grand plans to shape the financial future of their nation. The teaching programme is an initiative sponsored by the United States Agency for International Development (USAID) and supported by the Armenian Education Department and the UK Actuarial Profession. In the amiable company of fellow actuary and volunteer, David Thomas, the week flew by in a whirl of core reading, slides and practice questions.

This month’s edition highlights the subjects of enterprise risk management and healthcare and includes a special supplement from a recent roundtable discussion on longevity risk. Elsewhere, Raj Singh, chief risk officer of the Swiss Re group, shares his views on risk management in the sphere of reinsurance and we feature Marion Elliott’s prize-winning essay on the shape of the profession in 2020.

This year has not been short of major events, from the inauguration of Barack Obama to a global swine flu outbreak, expense-happy politicians and a blitz on banker bonuses. 2010 promises to be equally stimulating in a UK election year and we are keen to feature some passionate actuarial views on the issues involved. If you have something to say, please let me know.

I would like to thank the editorial team for their commitment and contribution throughout 2009. We say farewell to Amy Guna after a whirlwind two years as social news editor and offer a warm welcome to Kelvin Chamunorwa. It remains for me to wish you all an enjoyable festive period and a prosperous new year. Please look out for our special online edition on 12 January, followed by a bumper Jan/Feb issue on 28 January.

Marjorie Ngwenya
Editor

editor@the-actuary.org.uk