Congratulations to the newly-elected (and re-elected) Council members, and Matt Saker for his inauguration as the new IFoA president.
In our interview this month, Matt looks back on the changes he’s experienced in the profession during the past 30 years – in particular the past three years – and ahead to the issues he would like to tackle in his presidential term.
Fittingly, this month’s edition also focuses on a new era for the actuarial profession, as authors take stock of what we know and consider the changes that might be around the corner. As climate-related discussions proliferate, we review the various climate-related metrics (p34), networks and organisations (p30), and how they can help us on our collective journeys. Looking to the future (and futures!), we ask whether ideas from investments can help organisations hedge and prepare for climate risks (p38).
We also learn about how new technology is shaping our industries. Are wearables about to revolutionise the way health insurers interact with policyholders (p18)? What do we know (and not know) about cryptocurrencies as an asset class (p40)? And, last but not least, in the cover feature: what would the ultimate fully automated underwriting journey look like, and how close are we to realising it (p27)?
I hope you enjoy this issue.
Ruolin Wang, Editor
Ruolin Wang is a Solutions Manager at Schroders. Any views are her own and not those of Schroders.