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Pension fund recovery falters

Pension fund recovery falters

UK pension funds endured faltering returns in the third quarter of this year, despite recording their strongest quarterly performance in a decade over the previous three months.
October 2020
Study links 15% of COVID-19 deaths to air pollution

Study links 15% of COVID-19 deaths to air pollution

A new scientific study has linked 15% of worldwide COVID-19 deaths with long-term exposure to air pollution, with the figure rising to as high as 27% in East Asia.
October 2020
Huge pandemic insurance protection gap uncovered

Huge pandemic insurance protection gap uncovered

Property and casualty (P&C) insurers would have to collect business interruption premiums for 150 years to make up for the projected global output losses related to COVID-19 in 2020.
October 2020

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Editor's selection

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Ahead of the game

Matthew Edwards and Matt Fletcher report on behalf of the COVID-19 Actuaries Response Group on the data and model risks in trying to make sense of the pandemic
October 2020
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A question of compensation

Nicole Gray and Madeleine Reid examine two methods for estimating the life expectancy of those with multiple impairments
October 2020
A point of inflection

A point of inflection

IFoA president Tan Suee Chieh and Diversity Advisory Group chair Chika Aghadiuno speak to editor Dan Georgescu about how the actuarial profession must evolve to better reflect society’s ethnic and social diversity
October 2020
Shifts in social structure

Shifts in social structure

Governments cannot divorce social security from public health responses to coronavirus, says the COVID-19 Action Taskforce Social Security group
October 2020
Residential reflection

Residential reflections

Guy Thomas considers how policymaker interventions in the housing market could affect the value of no negative equity guarantees
October 2020
Piece by piece

Piece by piece

Using piecewise Pareto distribution could help create better outcomes in reinsurance treaty pricing, says Saliya Jinadasa
October 2020

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General Insurance topic header

General Insurance

Huge pandemic insurance protection gap uncovered

Huge pandemic insurance protection gap uncovered

Property and casualty (P&C) insurers would have to collect business interruption premiums for 150 years to make up for the projected global output losses related to COVID-19 in 2020.
27th October 2020
Car insurance prices fall for third consecutive quarter

Car insurance prices fall for third consecutive quarter

UK car insurance prices have fallen for the third consecutive quarter, with drivers now paying £50 less on average than they were at the start of 2020.
21st October 2020
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A question of compensation

Nicole Gray and Madeleine Reid examine two methods for estimating the life expectancy of those with multiple impairments
7th October 2020
Drawing the line

Drawing the line

Paul Fulcher and Sihong Zhu explore the history of the ‘prudent person principle’ and its relevance to the Prudential Regulation Authority’s expectations today
7th October 2020
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Pensions topic header

Pensions

Pension fund recovery falters

Pension fund recovery falters

UK pension funds endured faltering returns in the third quarter of this year, despite recording their strongest quarterly performance in a decade over the previous three months.
28th October 2020
Netherlands tops global pension ranking

Netherlands tops global pension ranking

The Netherlands has topped a global ranking of pension systems covering almost two-thirds of the world’s population, with the UK languishing in fifteenth place.
21st October 2020
Two in five pension schemes target de-risking transactions

Two in five pension schemes target de-risking transactions

Two in five defined benefit (DB) pension schemes in the UK expect to complete a de-risking transaction within the next three years, polling of over 129 trustees, pension managers and other key stakeholders has found.
14th October 2020
Half of DB pension schemes now targeting buyouts

Half of DB pension schemes now targeting buyouts

Almost half of defined benefit (DB) pension schemes in the UK are now targeting a buyout as their long-term objective, up from just 15% four years ago, a survey of 100 trustees has found.
7th October 2020
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Regulation Standards topic header

Regulation Standards

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Putting risk into perspective

Simon Wasserman and Matthew Myring-McCullagh explain the importance of the Joint Forum on Actuarial Regulation’s Risk Perspective publication
2nd September 2020
Imperfect numbers under IFRS 17

Imperfect numbers under IFRS 17

Kunj Behari Maheshwari and Brian Ring discuss considerations for excluding factors that do not impact insurance cashflows but may influence observable prices in emerging market discount rates
2nd September 2020
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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
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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
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Data Science topic header

Data Science

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Data science and global development

Tim Harris and Jacob Wilcock describe how data science is helping the UK’s Department for International Development tackle global development challenges
5th August 2020
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Pieces of the technology puzzle

Małgorzata Śmietanka and Philip Treleaven explain the technologies making up the data-driven insurance picture
8th July 2020
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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
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New frontiers of technology

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

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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 »

The IFoA Asia Town Hall 2020

The Institute and Faculty of Actuaries (IFoA) held a virtual Asia Town Hall 2020 on 15 October...

October 2020