In June, the Israel Association of Actuaries (ILAA) celebrated its 70th anniversary the biblical life expectancy of threescore years and ten with a conference in Tel Aviv.
In June, the Israel Association of Actuaries (ILAA) celebrated its 70th anniversary - the biblical life expectancy of "threescore years and ten" - with a conference in Tel Aviv. The association was founded by nine actuaries in 1946, during the British Mandate, and has grown over the years to a total membership of 350.
The IFoA was represented by Marjorie Ngwenya (pictured above), just a few days before her official appointment as president-elect. She greeted nearly 300 delegates at the conference, and also addressed a dinner for the lecturers.
In addition, she met members of the ILAA's council and education committee to discuss matters of mutual interest.
The ILAA uses the IFoA's course material and examinations, and signed a mutual recognition agreement in 2014.
The conference attracted speakers from the US, France, Germany and elsewhere, among them Malcolm Campbell, president of the International Actuarial Association.
In total, over 25 lecturers spoke on a variety of topics from both academic and practical perspectives.
There was also a lively panel discussion entitled 'Who moved my pension?'.
Naama Hashmonai, president of the ILAA, noted the impressive attendance by actuaries and other insurance professionals at the conference, and expressed hope that
this would increase the public awareness of actuaries and their role.