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Natural catastrophes drive insured losses of $38bn

Natural catastrophes drive insured losses of $38bn

Unprecedented flooding in Australia and South Africa saw total insured losses from natural catastrophes reach $35bn (£29bn) in the first half of 2022, Swiss Re has found.
August 2022
Fifth of global executives dismiss blockchain as 'all hype'

Fifth of global executives dismiss blockchain as 'all hype'

More than a fifth of global executives believe that blockchain is “all hype”, with many sceptical about the technology's practical use in their organisations.
August 2022
Potential UK equity release value hits record levels

Over a million SME workers slipping through pension saving net

More than one million eligible UK workers at small and medium-sized companies (SMEs) are not currently saving into a workplace pension, new research has uncovered.
August 2022

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Complexity challenge: understanding complicated risks

Emerging risks can mean not just a lack of historical data but also cascading consequences. Lawrence Habahbeh proposes a framework for understanding these more complicated risks
August 2022
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Interview: Hisham Ramadan on the growth and challenges of the actuarial and insurance sectors in Egypt

Hisham Ramadan tells Ruolin Wang and Yiannis Parizas about the growth of the actuarial and insurance sectors in his country, and the challenges that remain
August 2022
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tdj

On message: communicating risk to stakeholders and other audiences

Chris Sutton speaks to three members of the Risk Management Board about how best to communicate risk to stakeholders and other audiences
August 2022
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ytd

Green blueprint for building

Lending in the property sector is increasingly focusing on environmental factors, write Wojciech Herchel, Sam Taylor, Clarence Er and David Devlin
August 2022
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A fairer measure: does GDP fail to measure up?

GDP is increasingly being seen as too crude a tool, failing to reflect factors such as wellbeing and sustainability. Nick Spencer and Aled Jones consider some alternatives, and the implications for actuaries.
August 2022
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rae

Re-examing capital management actions

Rosalind Rossouw re-examines the capital management actions taken by firms during the COVID-19 pandemic
August 2022
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General Insurance

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Interview: Hisham Ramadan on the growth and challenges of the actuarial and insurance sectors in Egypt

Hisham Ramadan tells Ruolin Wang and Yiannis Parizas about the growth of the actuarial and insurance sectors in his country, and the challenges that remain
Wednesday 3rd August 2022
Open-access content
rt

Casualties of war: the impact on speciality (re)insurance lines

As well as its appalling human cost, the conflict in Ukraine has had a massive impact on speciality (re)insurance lines. Rajeshwarie VS takes stock
Wednesday 3rd August 2022
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rae

Re-examing capital management actions

Rosalind Rossouw re-examines the capital management actions taken by firms during the COVID-19 pandemic
Wednesday 3rd August 2022
Open-access content
rr

Complexity challenge: understanding complicated risks

Emerging risks can mean not just a lack of historical data but also cascading consequences. Lawrence Habahbeh proposes a framework for understanding these more complicated risks
Wednesday 3rd August 2022
Open-access content
More from General Insurance »
Pensions topic header

Pensions

Potential UK equity release value hits record levels

Over a million SME workers slipping through pension saving net

More than one million eligible UK workers at small and medium-sized companies (SMEs) are not currently saving into a workplace pension, new research has uncovered.
Tuesday 9th August 2022
Open-access content
Potential UK equity release value hits record levels

Potential UK equity release value hits record levels

More than £800bn of equity was available for release in UK homes during the second quarter of this year, which is the first time the value has exceeded this milestone.
Tuesday 9th August 2022
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Majority of US workers not saving enough for retirement

Majority of US workers not saving enough for retirement

Seven out of 10 US employees are not saving enough for retirement, while older workers are now more likely than before the pandemic to say they will retire beyond the age of 70.
Thursday 28th July 2022
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Consultation on DB funding rules launched

Consultation on DB funding rules launched

The UK's Department for Work and Pensions (DWP) has today launched a consultation on measures to boost protections for members of defined benefit (DB) pension schemes.
Tuesday 26th July 2022
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Regulation Standards topic header

Regulation Standards

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Interview: Hisham Ramadan on the growth and challenges of the actuarial and insurance sectors in Egypt

Hisham Ramadan tells Ruolin Wang and Yiannis Parizas about the growth of the actuarial and insurance sectors in his country, and the challenges that remain
Wednesday 3rd August 2022
Open-access content
ihi

Revolution: adopting operational resilience for risk management systems

In a complex world, our current risk management systems may not be up to the job of navigating disruption. Adél Drew looks at how adopting ‘operational resilience’ can help
Wednesday 3rd August 2022
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IFoA responds to plans for Solvency II reforms

IFoA responds to plans for Solvency II reforms

The Institute and Faculty of Actuaries (IFoA) has welcomed the UK government's plans for reforms to Solvency II regulation, but has recommended an alternative approach to the fundamental spread methodology.
Tuesday 26th July 2022
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Commons purpose: the organisations and networks behind climate-related governance

Neil Mitchell examines the structures behind the governance of the climate commons through a social network analysis
Wednesday 6th July 2022
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Data Science topic header

Data Science

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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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Currency conversion: attitudes to cryptocurrencies

Nicky Witras provides an overview of attitudes to cryptocurrencies in different countries, and explains why institutional investors have been slow to invest in this asset class
Wednesday 6th July 2022
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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 »

Life Board update - June 2022

Karen Brolly provides an update. The Life Board had their last meetings of the sessional year on 14...

August 2022