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The Actuary The magazine of the Institute & Faculty of Actuaries
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General insurance

  • p.18 When long-term is too longPeru Govindasamy looks at the liquidity and pricing consequences of developed market ultra long-term bonds 10 May 2018
  • Industrial-revolution- The fourth industrial revolutionRavin Jesuthasan and Day Bishop explain how technology is transforming the insurance value chain 10 May 2018
  • p20-22-IIRM-Juggling-man- The great juggling actThe current pace of change in regulatory and accounting standards makes now a better time than ever for firms to revisit their asset liability management strategies, argues Richard Schneider 10 May 2018
  • Mark_Azzopardi_002 Investing in changeMark Azzopardi talks with Stephen Hyams about how asset managers advise insurance companies in a rapidly changing world 10 May 2018
  • Doors-iStock-506181864 How's your risk appetite?Chris Makomereh outlines principles for a practical approach to setting risk appetite statements 10 May 2018
  • Anthony Painter Retiring retirementAnthony Painter talks to David Boland about universal basic income and how, given a sense of freedom and security, people can take decisions that are right for their lives 12 April 2018
  • p32-33-Meeting-in-Watercolour--Istock--855195688 The art of quantum negotiationKaren Walch, Stephan Mardyks and Joerg Schmitz describe predictive intelligence and the art of quantum negotiation 12 April 2018
  • David Braun David Braun interview: Risk and rewardDavid Braun, managing director and fixed income investment manager at PIMCO, is an actuary with a strong background in insurance and risk, experience which he says is invaluable when running investment portfolios for insurance companies. 08 March 2018
  • p17-19-Actuary-Cover-2 The cost of catastrophesJunaid Seria looks back on 2017, a record year for devastating weather events 08 March 2018
  • Sarah Winkless MBE © Peter Searle Sticky floors & glass ceilingsSarah Winckless talks with Stephen Hyams about Project AMP, the newly launched mentoring programme for aspiring female actuaries which helps to support their career paths 08 February 2018
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Actuaries in general insurance

Actuarial involvement in general insurance has grown significantly in recent years. Nowadays, general insurance actuaries might help insurance companies estimate the reserves they require for future claims as well as identify the other management information they need.

Actuaries will also work on rating insurance products in areas such as motor and household insurance where large volumes of data exist. In other fields, they will advise building societies on the capital requirements for their own insurance companies, and advise reinsurance companies on their rates for 'excess of loss reinsurance'.

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