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The Actuary The magazine of the Institute & Faculty of Actuaries

News in brief

Have you completed your CPD record?
You have until 31 July 2009 to update your CPD record for the reporting year from 1 July 2008 until 30 June 2009. If you are in category two, three or four please make sure your online record shows you have made a CPD declaration and include sufficient CPD activity. You will not be able to make any changes to your record after 31 July 2009 and any incomplete records may be referred to the Disciplinary Investigation Team. If you have any problems or queries please contact cpd_feedback@actuaries.org.uk

Annual report published
The joint annual report for the Faculty and the Institute has been published. A limited number of printed copies are available at Maclaurin House and Staple Inn. You can also download a copy from the Profession’s website at http://www.actuaries.org.uk/ann_rep09.pdf

Our members
A new publication, based on information provided by members to our database, has been published. Printed copies are available at Maclaurin House and Staple Inn. You can also download a copy from the Profession’s website at http://www.actuaries.org.uk/OurMembers

Risk and capital modelling
A seminar on the subject: ‘Economic risk and capital assessment, a reality check: actual versus expected capital modelling’ takes place on 6 July at Staple Inn. Do not miss this opportunity to find out more about risk and capital modelling, grasp the key lessons that need to be drawn in preparation for Solvency II and improve existing economic and regulatory capital assessment. For more details, visit http://www.actuaries.org.uk/conf/economic_risk

Shaken not stirred
Would you like to learn a new party trick? Why not join our cocktail masterclass at the Voodoo Rooms in Edinburgh on 7 July to find out more about the fi ne art of mixology? We have exclusive use of the Speakeasy to host this masterclass. You will have a chance to get behind the bar and make your own cocktails, as well as network with your peers and sample cocktails. For more details, visit http://www.actuaries.org.uk/events/cocktail_master_class

Professionalism events for experienced actuaries
Are you making the most of the Profession’s CPD events for newly qualified and experienced actuaries? This one-day interactive seminar is taking place in London on 18 September and will help develop and maintain your professional competence. The CPD scheme requires actuaries to attend a professionalism event every 10 years. For more details, visit http://www.actuaries.org.uk/events/professionalism_sept

Current issues in enterprise risk management for the life industry
Regulatory changes and the challenge of embedding new risk management techniques in day-to-day operations of life insurance companies continue to present significant challenges for senior life actuaries and risk managers. This seminar, on 18 September at Staple Inn, will focus on topical developments on current issues in life insurance and enterprise risk management. For more details, contact claire.marsh@actuaries.org.uk or call +44 (0)20 7632 2147.

Market-consistent valuation workshop
Market-consistent valuation (MCV) techniques have been at the forefront of recent MCEV, Solvency II and IFRS developments. This workshop, on 15 October at Staple Inn, will develop delegates’ understanding, including the allowance for risk, interpreting model results and understanding commercial application. For more details, visit http://www.actuaries.org.uk/conf/market_consistent_valuation

Current issues in health and care
The protection market is facing forces for change from both evolving regulation and the changing economic and healthcare environment. This seminar, taking place at Staple Inn on Wednesday 28 October, will be of interest to all health and care actuaries working in the protection market. It has been designed to be informative and to provoke thought and discussion. For further information visit: http://www.actuaries.org.uk/conf/ci_health

Life exhibition and sponsorship opportunity at the EICC, Edinburgh
Find out how your company can take part in the largest exhibition and sponsorship opportunity provided by the Profession. More than 900 delegates are expected to attend this year’s Life Conference, from 25-27 November in Edinburgh. Your company could take part by displaying exhibition literature or by sponsoring an item given to all delegates, or even a whisky-tasting session! For more details, contact claire.marsh@actuaries.org.uk or call +44 (0)20 7632 2147.

Wifi at SI!
You can now get wireless internet access at Staple Inn. To find out more, please ask at reception and we will arrange a connection.