Welcome to The Actuary - Magazine of the Institute and Faculty of Actuaries

Issue

News

web_empty-road_iStock-1215872588.png

UK car insurers save £1.3bn during lockdown

UK car insurance companies have saved approximately £1.3bn during the coronavirus lockdown due to a huge reduction in claims, research by hello-safe.co.uk suggests.
July 2020
iStock-696880830.jpg

IFoA and IEMA publish new climate risk disclosure guide

The Institute and Faculty of Actuaries (IFoA) and sustainability body IEMA have today published a new guide to help companies engage with the Task Force on Climate-related Financial Disclosures (TCFD).
July 2020
Rishi_Sunak_©UK-parliament-.jpg

UK employers to be reimbursed pension contributions

UK employers will be reimbursed for pension contributions this year under a new £2bn 'Kickstart' scheme unveiled in chancellor Rishi Sunak's summer economic update today.
July 2020

Editor's selection

web_p12-14_IMG_0251-BW.jpg

Tan Suee Chieh: Leading into tomorrow

The high-flying new president of the IFoA, Tan Suee Chieh, talks to Dan Georgescu about his rise to the top and his vision for the actuarial profession
July 2020
web_p24-27_algorithm_shutterstock_714415102-[Converted].jpg

Algorithmic trading

Jing Xu explains what a quant does in the algorithmic trading world
July 2020
web_p20-22_shutterstock_1254162373-[Converted].jpg

Backtesting in Banking and Insurance

Radu Popescu and Daniel Suciu compare and contrast backtesting in insurance and banking
July 2020
web_p18-19_dog_shutterstock_688998025n.jpg

Model behaviour in the banking sector

Alan Forrest shares the importance of model risk management in the banking sector
July 2020
web_p34-35_servers_shutterstock_1119938126-[Converted].jpg

Action on insurtech

Ed Plowman examines insurtech’s development, and where it could go from here
July 2020
web_p36-37_books_shutterstock_1171902043-[Converted].jpg

New lessons in learning

Moving between industry and academia can provide great personal insight, as the first part in our series shows
July 2020

Most-Popular

The Actuary Jobs

The Actuary Jobs is the jobs website for The Actuary magazine and the official job board for IFoA (Institute and Faculty of Actuaries). 

Our aim is to help Actuarial Profession members and non-members to find jobs and recruit appropriate staff. We cover both permanent and interim positions in all actuarial areas, from junior posts to senior roles. Our goal is to put the right employer in touch with the right potential employee as efficiently as possible.

Visit The Actuary Jobs website »

Browse by Topic

General Insurance topic header

General Insurance

web_empty-road_iStock-1215872588.png

UK car insurers save £1.3bn during lockdown

UK car insurance companies have saved approximately £1.3bn during the coronavirus lockdown due to a huge reduction in claims, research by hello-safe.co.uk suggests.
10th July 2020
web_p32_mainimage.jpg

Insurance claims forecasting with cluster analysis

Sen Hu and Adrian O’Hagan investigate how cluster analysis with copulas can improve insurance claims forecasting
8th July 2020
web_p30-31_work_iStock-1130231307-[Converted].jpg

Pieces of the technology puzzle

Małgorzata Śmietanka and Philip Treleaven explain the technologies making up the data-driven insurance picture
8th July 2020
poverty-istock-514780670.png

IFoA report calls for Universal Credit reform to help renters

Universal Credit (UC) rules should be revamped so that renters can receive insurance payouts with no deduction to their benefits, a new report from the Institute and Faculty of Actuaries (IFoA) has suggested.
8th July 2020
More from General Insurance »
Pensions topic header

Pensions

Rishi_Sunak_©UK-parliament-.jpg

UK employers to be reimbursed pension contributions

UK employers will be reimbursed for pension contributions this year under a new £2bn 'Kickstart' scheme unveiled in chancellor Rishi Sunak's summer economic update today.
8th July 2020
climate_shutterstock-1372578665_v2-lighter.png

Campaign launched to shift UK's £3trn pension pot into sustainable investments

A new campaign has been launched today to help transfer the UK's £3trn pension pot into sustainable investments by giving millions of savers more voice and choice in how their money is invested.
30th June 2020
web_1_pension_shutterstock_264841286.jpg

Pensions Regulator sets out ground rules for superfund landscape

The Pensions Regulator is calling for “stringent” standards and a robust regulatory framework for defined benefit (DB) pension “superfunds” ahead of forthcoming legislation.
24th June 2020
Pension-iStock-1170264041.jpg

UK workplace pension saving hits new heights

The number of UK employees saving for retirement through a workplace pension has skyrocketed since automatic enrolment came into effect eight years ago.
22nd June 2020
More from Pensions »
Regulation Standards topic header

Regulation Standards

web_p28-29_iStock-1163299084-[Converted].jpg

Joining the dots between operational and non-operational risk

Patrick Kelliher covers issues in modelling dependencies between operational and non-operational risks
8th July 2020
web_financial_report_istock-186765491_0.png

IFRS 17 amendments published

The International Accounting Standards Board (IASB) has published amendments to IFRS 17 to help companies implement the standard and more easily explain their financial performance.
29th June 2020
web-p20-22-©IKON--00024562-1n-copy.jpg

Supervision reforms in the frame

Pau Ling Yap and Paolo Cadoni on the recently agreed reforms that aim to improve supervision of internationally active insurance groups
4th June 2020
HIRES_Ikon-00011729-1n.jpg

Sustainable investment's new frontiers

Gareth Sutcliffe and Holger Schalk look at the impact of ESG regulation, and different approaches to implementation
7th May 2020
More from Regulation Standards »
Data Science topic header

Data Science

web_p30-31_work_iStock-1130231307-[Converted].jpg

Pieces of the technology puzzle

Małgorzata Śmietanka and Philip Treleaven explain the technologies making up the data-driven insurance picture
8th July 2020
web_p19_iStock-1077892282

Crystal clear: AI and transparency

The last few years have seen a number of calls for 'transparency' around the workings of the latest artificial intelligence systems.
4th March 2020
2

New frontiers of technology

Alizabeth Calder examines the challenges facing actuaries in an increasingly tech and data-based world
3rd October 2019
2

On the LiDAR

As environmental risks become an everyday threat to the market, there could be huge value in contributed claims data and new mapping technology, says Richard Toomey
3rd October 2019
More from Data Science »

About the IFOA

IFoA logo

The Institute and Faculty of Actuaries (IFoA) came into being on 1 August 2010.

It is the UK's only chartered professional body dedicated to educating, developing and regulating actuaries based both in the UK and internationally.

Find out more about us by visiting our website »

It was on the risk register

Neil Cantle, Principal at Milliman, blogs on the value of risk registers and why we might need to...

July 2020