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Governments face tide of framework litigation cases

Governments around the world are facing a growing number of framework litigation cases that challenge their policies for tackling climate change.
September 2022
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Older workers struggle to get jobs post-COVID-19

Older workers are facing increasing challenges in returning to the labour market following the COVID-19 pandemic, with the latest government statistics revealing rising numbers of ‘economically inactive’ people aged over 50.
September 2022
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UK investors show more backing for renewables than ministers

UK investors are more likely to support clean energy than the government, with six out of 10 looking to raise their stakes in renewables, according to a poll.
September 2022

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Editor's selection

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Two-part solution: decumulation pathways

Stephen Hyams shares a proposal from the Pension Decumulation Pathway Working Party that could help those with defined contribution pensions to achieve better outcomes
August 2022
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Interview: Catherine Howarth on shaping responsible investing

Catherine Howarth talks to Travis Elsum about shaping responsible investing, and the changes needed to accelerate the transition to a sustainable and ethical economy
August 2022
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A bulky issue: Solvency II reforms and potential implications

Brandon Choong and Claire McColl discuss Solvency II reforms and their potential implications for the UK bulk purchase annuity market
August 2022
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Project new horizon

Tan Suee Chieh and Nick Spencer share the lessons of the Project New Horizon programme, which aims to prepare the profession for an increasingly complex future
August 2022
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A tale of three capitals: preserving natural capital

Ian Trim explores The Dasgupta Review’s findings on the importance of preserving natural capital, and the role actuaries can play in achieving this
August 2022
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Post 2039: how to usher in a new era of flood resilience

Kemi Bello considers how government, insurers and homeowners can usher in a new era of flood resilience before the Flood Re initiative ends in 2039
August 2022
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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.

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General Insurance

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Exchange of ideas: IFRS 17 implementation in the Caribbean

Servaas Houben considers how IFRS 17 principles could benefit insurers in the Caribbean – and what European insurers could learn from the region when it comes to implementing the standard
Wednesday 31st August 2022
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A nuclear option: the value of blockchain in reinsurance

Pratap Tambe explains how blockchain and distributed ledger technologies may be useful in the reinsurance value chain, using nuclear risk as an example
Wednesday 31st August 2022
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Game on: the outcomes of a motor insurance competition in Saudi Arabia

Juan Ignacio de Oyarbide discusses the outcomes of a motor insurance pricing game held in Saudi Arabia, and key lessons to emerge from it
Wednesday 31st August 2022
Open-access content
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Post 2039: how to usher in a new era of flood resilience

Kemi Bello considers how government, insurers and homeowners can usher in a new era of flood resilience before the Flood Re initiative ends in 2039
Wednesday 31st August 2022
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More from General Insurance »
Pensions topic header

Pensions

Large generational divide found on views around pensions triple lock

Large generational divide found on views around pensions triple lock

More than half of UK adults believe that the pensions triple lock should remain in place, although views vary significantly across age groups as inflation continues to rise.
Wednesday 7th September 2022
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Pension funds see assets balloon to record $23.6trn

Pension funds see assets balloon to record $23.6trn

Assets under management (AUM) at the world’s top 300 pension funds increased by 8.9% to reach a record $23.6trn (£20.5trn) in 2021, the Thinking Ahead Institute has revealed.
Wednesday 7th September 2022
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Climate risk consultation launched for Local Government Pension Scheme

Climate risk consultation launched for Local Government Pension Scheme

The UK government has launched a consultation on new requirements for the Local Government Pension Scheme (LGPS) to manage and report on climate-related risks.
Wednesday 7th September 2022
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Two-part solution: decumulation pathways

Stephen Hyams shares a proposal from the Pension Decumulation Pathway Working Party that could help those with defined contribution pensions to achieve better outcomes
Wednesday 31st August 2022
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More from Pensions »
Regulation Standards topic header

Regulation Standards

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Exchange of ideas: IFRS 17 implementation in the Caribbean

Servaas Houben considers how IFRS 17 principles could benefit insurers in the Caribbean – and what European insurers could learn from the region when it comes to implementing the standard
Wednesday 31st August 2022
Open-access content
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Worldview: Mauritius

Mauritius is more than a picture-postcard holiday destination, says Bernard Yen – it is also a thriving location for financial services
Wednesday 31st August 2022
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Show your working: new standards from the ISSB

Wendy Walford outlines the need for consistent and comparable sustainability disclosures, and discusses why two new standards from the International Sustainability Standards Board are a step in the right direction
Wednesday 31st August 2022
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A bulky issue: Solvency II reforms and potential implications

Brandon Choong and Claire McColl discuss Solvency II reforms and their potential implications for the UK bulk purchase annuity market
Wednesday 31st August 2022
Open-access content
More from Regulation Standards »
Data Science topic header

Data Science

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Game on: the outcomes of a motor insurance competition in Saudi Arabia

Juan Ignacio de Oyarbide discusses the outcomes of a motor insurance pricing game held in Saudi Arabia, and key lessons to emerge from it
Wednesday 31st August 2022
Open-access content
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On the write track: using machine learning to predict underwriting decisions

Yafei (Patricia) Wang looks at the use of machine learning to predict underwriting decisions for life and health insurance
Wednesday 3rd August 2022
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An end to underwriters? The challenges of machine learning

Is machine learning a threat to the underwriting practice? Reza Hekmat and Balint Bone consider this possibility and its challenges
Wednesday 6th July 2022
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Bringing data to mind: understanding mental health

Lisa Balboa, Maryse Nashime, Serena Soong and Joe Wilson assess how data use could help to progress actuarial understanding of mental health
Wednesday 6th July 2022
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More from Data Science »

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 »

F&I Board update - June 2022

An update from the outgoing Chair, Gareth Mee. As I hand over the reins of the F&I Board to Clara Hughes, it falls to me to write the final blog post of this session. It has been a privilege to work with the F&I Board despite the very unusual two years of my chairmanship and I reflect on what I believe to be a successful period in the circumstances.

Wednesday 14th September 2022

Climate Change General Insurance Reserving Survey

The Climate Change Reserving Working Party is looking into how best to support reserving actuaries in responding to climate change. This is expected to be a wide-ranging and multiyear endeavour so the Working Party is seeking to engage with the community of GI reserving actuaries who will be having to think about climate change and how it will impact on their work.

Tuesday 30th August 2022

Pensions Board update - June 2022

Sarah Brough, Pensions Board member, provides an update on their June meeting. The June Pensions Board meeting took place on one of the hottest days of the year. I was pleased that our meeting was virtual and I didn’t need to travel on the tube in the hot weather! I volunteered to write a blog summarising our discussions and here’s my summary of our June meeting.

Thursday 25th August 2022

Sustainability Board update - July 2022

Wendy Walford provides an update. The last Sustainability board of the session was held in July, I want to highlight three important topics that we covered in that meeting:

Wednesday 17th August 2022

Voting opens on Honorary Fellowship ballots

Member votes on proposed Honorary Fellows of the IFoA, and on changing the process for electing Honorary Fellows in the future, have opened today.

Tuesday 2nd August 2022