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The Actuary The magazine of the Institute & Faculty of Actuaries


  • New platform to help firms report climate risks ©iStock Knowledge hub launched to help firms report climate risksThe Task Force on Climate-related Financial Disclosures (TCFD) has today launched an online platform providing guidance for businesses looking to report accurate climate risks to investors. 01 May 2018
  • Positive outlook for pension schemes ©iStock UK private pension deficit nearly halves in a yearThe combined deficit of defined benefit (DB) pension schemes in the UK's private sector has almost halved in the last 12 months, according to a monthly index by JLT Employee Benefits. 01 May 2018
  • New directors: Anette Spencer (right) and Sarah Sim (left) IFoA appoints two new directorsThe Institute and Faculty of Actuaries (IFoA) has appointed two new directors as it looks to promote the profession to a wider audience and open up new markets. 30 April 2018
  • Telematics a 'game changer' for insurers ©Shutterstock Most drivers to use telematics within five yearsTechnology is set to transform the motor insurance industry over the next decade, with telematics-based premiums predicted to be widespread within five years. 30 April 2018
  • Financial stability not at trisk from cryptocurrencies ©Shutterstock GDP an 'inadequate' measurement of UK economyThe UK must broaden its economic indicators in order to obtain a more accurate picture of the risks facing the country, according to the Institute for Public Policy Research (IPPR). 27 April 2018
  • EU emission reforms slow global warming ©Shutterstock EU policy slows global warmingReforms introduced last November to reduce CO2 emissions in the EU have helped create a marginally better outlook for global warming, according to new research from Schroders. 26 April 2018
  • NHS facing "perfect storm" of challenges ©iStock NHS will need an extra £50bn a year by 2030The NHS will need an additional £50bn each year by 2030 if funding is to return to its long-term trend, with patients facing longer waiting times and a re-emergence of rationing. 26 April 2018
  • "Tremendous" benefits of accurate data ©Shutterstock Insurers warned of threat posed by fake dataThe majority of insurers around the world are failing to ensure the data that feeds their artificial intelligence (AI) systems is accurate, potentially undermining their business decisions. 25 April 2018
  • web_whiplash_iStock.jpg Motor injury compensation claims fall to nine-year lowThe number of personal injury motor insurance claims in the UK has fallen to the lowest level recorded in almost a decade, official government figures reveal. 24 April 2018
  • Artificial intelligence integration on the rise ©Shutterstock South Korea tops table of countries best prepared for automation boomSouth Korea, Germany and Singapore are the top three most prepared countries for integrating intelligent automation into their economies, with the UK in eighth position. 23 April 2018
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  • p20-22-IIRM-Juggling-man- The great juggling actThe current pace of change in regulatory and accounting standards makes now a better time than ever for firms to revisit their asset liability management strategies, argues Richard Schneider
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