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The Actuary February 2018

Issue date: February 2018

In this issue...

2

Customer satisfaction with UK insurance industry declines

Customer satisfaction with insurance companies in the UK is lower now than at the beginning of last year, with the industry continuing to fall short in the way it handles complaints.
Tuesday 6th March 2018
Open-access content
2

Auto-enrolment changes to boost pensions by nearly a third this year

Britons enrolled in a workplace pension could see their savings grow by 30% this year as a result of mandatory increases to minimum contribution levels.
Friday 2nd March 2018
Open-access content
2

Slowdown in mortality improvements a 'trend' rather than a blip

Average mortality improvements between 2011 and 2017 were significantly lower than for any other recent six-year period, according to data from Continuous Mortality Investigation (CMI).
Thursday 1st March 2018
Open-access content
2

FinTech investment hits all-time high

Investment in financial technology ventures increased by 18% to hit a record high of $27.4bn (£19.9bn) in 2017, according to research by consultancy firm Accenture.
Wednesday 28th February 2018
Open-access content

IACA Call for Committee Member Nominations and Other Volunteers

The International Association of Consulting Actuaries (IACA) seeks nominations for members to serve on its Committee.
Monday 26th February 2018
Open-access content
2

Cryptocurrencies dismissed as threat to global financial stability

Digital currencies will need some form of regulation and guidance before they have the potential to significantly disrupt financial markets, according to S&P Global Ratings.
Monday 19th February 2018
Open-access content
2

Leading insurers to boost revenues by $375bn through innovation

Insurance firms that continuously innovate and adapt to changing consumer needs will outperform competitors and seize a potential $375bn (£267bn) in new revenue over the next five years.
Friday 16th February 2018
Open-access content
2

Technology solution identified to address distrust of health and life insurers

New research from Munich Re has uncovered a lack of trust of the protection industry, with a quarter of potential customers reluctant to apply for cover because they believe claims will not be paid out.
Wednesday 14th February 2018
Open-access content
2

One million employers sign up to pensions auto-enrolment

The Pensions Regulator (TPR) has today announced that one million employers in the UK are now automatically enrolling their staff into a workplace pension.
Tuesday 13th February 2018
Open-access content
2

UK identified as fifth most prepared country for driverless cars

The UK has been ranked the fifth most prepared nation for the introduction of self-driving cars, just behind the Netherlands, Singapore, the US and Sweden.
Monday 12th February 2018
Open-access content

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