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Survey shows widespread use of the latest CMI Model
This blog provides a high-level summary of the CMI’s latest survey on the use of the CMI Mortality Projections Model by insurers and reinsurers, focussing on how users are reacting to the pandemic.
Initial census results suggest lower life expectancies in the general population
This blog considers how initial results from the 2021 census in England & Wales might lead to lower estimates of recent and future mortality improvements and cohort life expectancies from the CMI Model than previously thought.
A Milestone for the Actuarial Profession in the Middle East – Bahrain Takes the Lead
For the first time in the Middle East, a comprehensive initiative to develop actuarial capacity was launched and announced last June in Manama, the Capital of Bahrain, making it the starting ground for developing qualified actuaries across the GCC and the rest of the MENA region.
Moving beyond GDP - IFoA gives evidence to Parliamentary Committee
IFoA Council member Nick Spencer gave evidence yesterday on behalf of the IFoA today to the House of Commons Environmental Audit Select Committee on their inquiry into how to align the UK’s economic goals with environmental sustainability. The committee considered alternatives to GDP, looking at how including natural and social capital might impact government, private firms, and financial institutions.
Mental Health in Life Insurance: Underwriting mental health conditions
1 in 4 people will experience a mental health challenge of some kind each year, and 1 in 6 people report experiencing a common mental health issue like anxiety and depression in any given week in England.
Mental Health in Life Insurance: Access to insurance with a consideration of consumers who have a mental health condition.
Mental Health in Life Insurance: Access to insurance with a consideration of consumers who have a mental health condition.
Sustainability Book Club – Less is more: How degrowth will save the world
‘Less is more – How degrowth will save the world’ ‘Less is more – How degrowth will save the world’ is a book by Jason Hickel: an economic anthropologist, Fullbright Scholar and Fellow of the Royal Society of Arts.
Mental Health in Life Insurance: How the claims process for income protection supports mental health vulnerability
Mental Health in Life Insurance: How the claims process for income protection supports mental health vulnerability
A look back on Mental Health in Life Insurance week
Over the last decade, the UK, along with the insurance industry, has experienced an increased focus on awareness and treatment of mental health conditions. The pandemic has further focused the national conversation around mental health which has been encouraging. This is beginning to break down some of the barriers and stigmas surrounding those living with mental health conditions. The industry has been giving considerable thought to the challenges surrounding mental health in recent years and we have seen some really great examples of insurers putting customer needs first in this area.
Mental Health in Life Insurance: Mental Health and Disability Insurance Claims
Mental Health in Life Insurance: Mental Health and Disability Insurance Claims
IFoA Foundation Q&A with Rutendo Mupani, Actuarial Student
Rutendo Mupani is an actuarial student from Zimbabwe. She received funding support from the IFoA Foundation for her CS1 examination.
Will you enter The Frank Redington Prizes?
With just a month to go until the competition closes, Immediate Past President Tan Suee Chieh blogs on the inspiration behind the Frank Redington Prizes and calls on the profession to step forward with innovative thinking.
The Great Risk Transfer – looking to the future
Imagine a world in which there was nothing to prompt the IFoA to initiate our ‘Great Risk Transfer’ campaign. This is not a Utopian John Lennon ‘Imagine’ – much more modest than that. But let’s dip a toe into this imaginary world (at an unknown date in the fairly near future) – what might it look like?
Proud of the Standard: what has IFoA regulation ever done for us?
Proud of the Standard: what has IFoA regulation ever done for us?
Pensions volunteering: join the Pensions Research Sub-committee
The chair of the IFoA’s Pensions Research Sub-committee Glyn Bradley talks about the committee’s work and how you can get involved.
The Great Risk Transfer – one year on
In a blog published in April we described the tremendous practical potential of some of the recommendations from our Great Risk Transfer (GRT) campaign, imagining a future financial landscape in which they had been implemented and were helping individuals to manage their risks in pensions and insurance.