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The Actuary The magazine of the Institute & Faculty of Actuaries


  • Healthcare: A long-term view on social careSue Elliott considers the changing social care landscape in the UK and how proposed reforms such as those set out in the Dilnot Commission report could stimulate demand for long-term care insurance products 02 May 2012
  • Health care Healthcare: NHS in critical condition?As the National Health Service prepares to undergo a potentially life-changing restructure, Joanne Buckle and Simon Moody assess the intensive care that might be needed from actuaries and insurers 02 May 2012
  • crowd people population Consumers no clearer on long-term careHealth and care industry experts have expressed dismay that, nearly a year on from the Dilnot Commission report, consumers are no clearer on how they should best plan for their long-term care needs. 02 May 2012
  • Q&A: On my agenda: Andrew DilnotDeepak Jobanputra and Sarah Bennett talk to Andrew Dilnot, chair of the Dilnot Commission, about the UK social care system, statistics, celebrating increased longevity and why he is not particularly wedded to the Dilnot Commission proposals 02 May 2012
  • Jane Curtis Half of over 50s 'will have to save more and work longer'Around a half of today's over 50s will have to save more and work longer if they want an adequate income in retirement, according to research jointly sponsored by the Actuarial Profession. 25 April 2012
  • 65-year-olds 'can expect nine more healthy life years'Both men and women aged 65 are expected to live almost nine more years in a healthy condition, according to figures published by the European Union's statistical service Eurostat. 23 April 2012
  • IoD figures reveal 'crisis of confidence' in pensionsFigures showing pension saving declining at the same time as the amount paid into ISAs increases point towards a 'crisis of confidence' in the UK pension system, Saga said today. 20 April 2012
  • Insurers welcome asbestos claims 'clarity'Insurance companies have welcomed the 'clarity' provided by yesterday's Supreme Court ruling that the insurer on cover when a claimant is exposed to asbestos is liable to pay compensation if they develop the cancer mesothelioma. 29 March 2012
  • One third of 2012 babies 'will reach 100'Around one third of babies born in the UK this year are expected to reach 100, the Office for National Statistics said yesterday. 27 March 2012
  • Business meeting ISTOCK The Profession reaches 22,611 members in 2010/11Membership of the Institute and Faculty of Actuaries reached 22,611 in the year to the end of September 2011, the Profession has revealed. 15 March 2012
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Actuaries and healthcare

Actuaries have long been involved in financial planning for the NHS, and this is now a growing area for actuarial work, as the Government looks for ways to restructure the welfare state to meet the changing needs, demands and expectations of a changing population.

Evolving health provision models to meet changing needs is also a feature of the expansion of private sector work. Here actuaries work with other health professionals to find appropriate solutions for private medical insurance, income protection, critical illness, and long-term care insurance.

Find out more