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

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  • Risk Map Insurance in an unstable worldLiz McMahon discusses the findings from Aon's latest annual Risk Maps and what it means for the insurance markets Thursday, July 12, 2018
  • shutterstock_614402417 Driving change with telematicsAdvances in telematics are transforming the insurance industry. Andy Goldby looks at the benefits this technology can bring Thursday, May 10, 2018
  • Industrial-revolution- The fourth industrial revolutionRavin Jesuthasan and Day Bishop explain how technology is transforming the insurance value chain Thursday, May 10, 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 Thursday, May 10, 2018
  • p.18 When long-term is too longPeru Govindasamy looks at the liquidity and pricing consequences of developed market ultra long-term bonds Thursday, May 10, 2018
  • Mark_Azzopardi_002 Investing in changeMark Azzopardi talks with Stephen Hyams about how asset managers advise insurance companies in a rapidly changing world Thursday, May 10, 2018
  • Doors-iStock-506181864 How's your risk appetite?Chris Makomereh outlines principles for a practical approach to setting risk appetite statements Thursday, May 10, 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 Thursday, April 12, 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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