The Actuary - Magazine of the Institute and Faculty of Actuaries

Commercial insurance prices rise 15% worldwide

Global commercial insurance prices increased by 15% in the second quarter of this year amid growing cyber security threats, according to analysis by Marsh.

July 2021

Improving air quality found to reduce dementia risk

Improving air quality may boost cognitive function and reduce dementia risk, according to multiple studies unveiled at the Alzheimer’s Association International Conference 2021 yesterday.

July 2021

UK car insurance prices fall to five-year low

UK car insurance prices are the lowest they have been for five years following a significant drop in claims during successive lockdowns, new analysis has revealed.

July 2021

Editor's selection

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Louise Pryor: Make it worthwhile

Dan Georgescu spoke with IFoA president, Louise Pryor, about her varied career, the actuary’s changing role, and the need to place sustainability at the heart of all we do

July 2021

Open-access content

Choose your own adventure

Bradley Shearer and Jane Barrett on building a satisfying career throughout your working life

July 2021

Open-access content

Thinking machines

Joel Walmsley writes about the past, present and future of artificial intelligence from a philosophical point of view

July 2021

Open-access content

A woman with a mission

Sarah Rawson considers her experiences as a female actuary in senior leadership

July 2021

Open-access content

How to maintain social capital

What is social capital, and how can we maintain it if we are working from home? Geoff Trickey explains

July 2021

Open-access content

A different perspective of diversity

How can we be more supportive of neurodivergent employees in the workplace? Chika Aghadiuno explains

July 2021

Open-access content

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Browse by Topic

General Insurance

UK car insurance prices fall to five-year low

UK car insurance prices are the lowest they have been for five years following a significant drop in claims during successive lockdowns, new analysis has revealed.

Monday 26th July 2021

Open-access content

Global insurance premiums soar amid Covid turmoil

Rising risk awareness and the strongest rate hardening for 20 years in non-life insurance commercial lines are forecast to push total premium volumes 10% higher than pre-COVID-19 levels this year.

Wednesday 21st July 2021

Open-access content

A decentralised future for financial technologies

Actuaries can play a major role in helping decentralised financial technologies reach their full potential, says Zhixin Li

Wednesday 7th July 2021

Open-access content

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Importance of stress and scenario testing

Darshan Purmessur and Haedeh Nazari examine the potential scenarios arising from COVID-19 in different insurance classes, and the importance of stress and scenario testing

Wednesday 7th July 2021

Open-access content

Pensions

DB pensions urged to target net-zero emissions ahead of COP26

The Make My Money Matter campaign has written to the UK's largest defined benefit (DB) pension schemes urging them to set net-zero emission targets ahead of the COP26 climate summit later this year.

Monday 26th July 2021

Open-access content

Self-employed Gen Xers facing 'dire retirement prospects', think tank warns

Self-employed workers aged 40-55 are five times more likely than other workers to have no pension provision, the International Longevity Centre UK (ILC) has found.

Tuesday 20th July 2021

Open-access content

UK mortality rates at record low during second quarter

Mortality rates in England and Wales during the second quarter of this year were significantly lower than in any previous second quarter, the Continuous Mortality Investigation (CMI) has revealed.

Wednesday 14th July 2021

Open-access content

Women set to suffer most if pensions triple lock is scrapped

Women are far more likely to rely on a state pension in retirement than men, and will suffer most if the government scraps the triple lock system, new research suggests.

Wednesday 14th July 2021

Open-access content

Regulation Standards

Eight in 10 asset managers adopt ESG programme

More than eight in 10 UK asset managers have adopted an environmental, social and governance (ESG) programme amid growing regulatory pressure and investor demand, new research has found.

Tuesday 20th July 2021

Open-access content

IFoA raises concerns over changes to actuarial regulation

The Institute and Faculty of Actuaries (IFoA) has today raised “significant concerns” about how changes to actuarial regulation set out by the UK government will work in practice.

Wednesday 30th June 2021

Open-access content

Governance guide launched for pension schemes

UK pension schemes should consider appointing an independent professional trustee (IPT) to help navigate increasingly complex risks, according to a new governance guide published today.

Tuesday 22nd June 2021

Open-access content

IFRS 17 to cost insurers up to $20bn

The IFRS 17 accounting standard is expected to cost the global insurance industry up to $20bn (£14bn) to implement, a survey by Willis Towers Watson (WTW) has uncovered.

Monday 7th June 2021

Open-access content

Data Science

Supervised learning techniques in claims frequency modelling

Neptune Jin shares the Data Science Research Working Party’s work looking at the merits of different supervised learning techniques for claim frequency modelling

Wednesday 7th July 2021

Open-access content

Thinking machines

Joel Walmsley writes about the past, present and future of artificial intelligence from a philosophical point of view

Wednesday 7th July 2021

Open-access content

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The price is righter

Alastair Black looks at how the increasing use of analytics is affecting life insurance pricing

Wednesday 7th July 2021

Open-access content

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Get in on the data action

Edward Plowman explains some of the developments currently taking place in insurtech, and why actuaries must embrace this change if they are to succeed

Wednesday 7th July 2021

Open-access content

About the IFOA

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 »