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The Actuary The magazine of the Institute & Faculty of Actuaries

Global banking crisis what ifs?


The global banking crisis is the largest macroeconomic event that many actuaries have experienced and has had devastating consequences for tens of millions of people across the world.

Could governments have avoided the crisis? If so, at what cost? Could governments have avoided some of the consequences? What impact could the crisis have on the global insurance industry? Are there any lessons for actuaries?

These are just some of the questions that will be considered. The speaker will consider the various avenues that our governments/financial institutions could have taken and how things could have been.