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The Actuary The magazine of the Institute & Faculty of Actuaries


  • Insured natural catastrophe losses down on last yearInsured losses from global natural disasters in the first half of 2014 reached $22bn, down $5bn on last year, according to Aon Benfield's monthly Global Catastrophe Recap report. 24 July 2014
  • US storms to cost insurers $1bn, says AonInsurers face a $1bn bill following storms in the US over the last month, a report by reinsurer Aon Benfield has found. 06 June 2014
  • kelvin_chamunorwa Learn from the futureIn areas of growth, the right education is essential to seize the benefits, says Kelvin Chamunorwa 05 June 2014
  • Water and sand Liquid assetThe trend towards water as an investment asset is likely to grow. Aled Jones and Michael Green explain how the actuarial profession could play a vital role in long-term risk modelling and enterprise risk management for the water sector 05 June 2014
  • Insurers are coping with climate change risks, says S&PReinsurers and insurers have so far coped well with climate change Standard and Poor's has said, but the ratings agency believes a sudden spike in the frequency and severity of weather events could test the industry. 20 May 2014
  • kelvin_chamunorwa Healthy debateCollaboration is the way to meet the challenges of health and elderly care, says Kelvin Chamunorwa 08 May 2014
  • kelvin_chamunorwa Trending nowKelvin Chamunorwa looks at the impact of advancing technology and how this will transform the role of actuaries 03 April 2014
  • Budget brings another £140m for flood defencesChancellor George Osborne announced a £140m investment for UK flood defences in his Budget today, but risk experts warned this would not be enough to plug gaps. 19 March 2014
  • kelvin_chamunorwa Acting the partKelvin Chamunorwa considers the perception of actuaries and the importance of demonstrating the value of our unique skill set to society 06 March 2014
  • Otto Thoreson Insurers' flood response under control, ABI says following 'constructive' talksInsurance bosses have assured ministers that the industry's response to the ongoing flood crisis is under control, but warned that the UK faces a long road to recovery. 19 February 2014
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Resource and Environment Practice

The social, business and financial worlds are increasingly being affected by environmental risks, the likelihood of future changes and the measures taken by governments to try to deal with them. As long-term risk managers such developments are of crucial interest to actuaries. The Resource and Environment practice area works to identify the implications for actuaries and their clients and help in the development of appropriate responses. 

See https://www.actuaries.org.uk/practice-areas/resource-and-environment/about-resource-and-environment