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IFoA

Why you should consider standing in the IFoA Council elections 2025: Matthew Ford’s story

Matthew Ford was elected to IFoA Council in 2024. Matthew has been a life actuary for around 30 years, working in several life companies and consultancies. He is currently a Principal at Milliman and based in London. Here he shares his thoughts on standing for Council and his experience as an IFoA Council member.

IFoA

Why you should consider standing in the IFoA Council elections 2025: Riekie Gordon’s story

Riekie Gordon was elected on to IFoA Council in 2024. Riekie began her actuarial career working in Defined Contributions pensions in Namibia and is currently a Senior Actuary in General Insurance pricing at AXA Luxembourg. Here, she shares her experience of becoming a Council member for the first time.

Infrastructure
Finance

Roundtable: infrastructure investment and public private partnerships

This roundtable discussion brought together senior individuals with extensive experience of infrastructure projects involving both the public and private sectors. They included Treasury officials, investors from pension funds and insurance firms, project managers, consultants, and the chair and members of the IFoA Infrastructure Working Party (IWP). This note summarises the discussion and ends with some agreed recommendations for government. The roundtable was held at Staple Inn Hall, London, on 30 April 2025.

Annuities
CMI
Covid-19

Signal or noise – making sense of mortality post COVID-19 in the CMI annuitant dataset to 2023

Chipo Scolley (of Legal & General), member of the CMI Annuities Committee, reflects on the key findings of their analysis of the mortality experience of pension annuities in payment in 2023.

Sustainability
Climate Change

Authors of our own (climate) scenarios

This blog describes the discussion from an interactive session exploring climate scenarios for insurers. It outlines some lessons this exercise might have for life insurers when developing climate scenarios as part of their risk management processes.

IFoA

A new chapter for the Formulae and Tables book

Actuaries Sally Calder and Colin Thores share their thoughts on the new edition of the Formulae and Tables book.

General Insurance
Volunteering

From pub chat to highly commended: the journey behind a Brian Hey-recognised paper

This blog reflects on the journey behind one of the two papers highly commended for the 2024 Brian Hey Prize. Co-author Cian Creedon shares how the idea was sparked, the collaborative effort that brought it to life, and how support from the IFoA helped turn research into recognition. A motivating read for anyone thinking of submitting in 2025.

General Insurance
Great Risk Transfer

Contents insurance and the Great Risk Transfer: practical solutions for vulnerable groups

A workshop between the IFoA and Fair4All Finance has produced concrete recommendations for improving insurance access among vulnerable populations. These include plans for a pilot minimum value contents insurance product.

Sustainability
Finance
Global Markets
Infrastructure
Climate Change
Investment markets and net zero

How are green bonds helping China’s efforts to achieve net zero?

This is part of a series of blogs about net zero investment in different regions of the world outside of UK and EU. We explore how different countries are approaching the net zero transition and the investment markets that exist to support this. Here, Randall Ramsahai focuses on China.

Climate Change
Sustainability

Planetary insolvency: could climate change outpace insurance solutions?

Climate disasters are driving insurance losses up 7% annually, threatening to make vast areas uninsurable. Sandy Trust explores the looming ‘great risk transfer’ from insurers to society.

Risk

Reflections from the IFoA’s 2025 risk management symposium

The IFoA’s risk management symposium in May explored AI, climate risks, and professional development across the actuarial community. Sophie Wright, who chaired the committee, reflects on the event.

Health and care

Actuarial insights supporting Saudi healthcare reform

The IFoA has supported Saudi Arabia’s healthcare transformation by facilitating an independent review of new payment and governance frameworks. Volunteers provided feedback on strategy, sector capability gaps, and data governance.

IFoA Asia Conference

Celebrating a decade of impact: IFoA Asia Conference turns 10

Saroja Gunatilleke, IFoA Asia Conference 2025 committee member, explores the evolution and impact of the conference as it celebrates its 10th anniversary in Kuala Lumpur.

CMI
Mortality

A closer look at 2023: What’s changing in term assurance experience?

As we publish our latest analysis of term assurance experience, covering data up to the end of 2023, we find ourselves at a crossroads. While the “16” Series tables continue to provide a broadly reasonable fit to recent experience, subtle shifts in patterns—especially by age, duration, and socio-economic indicators—are prompting us to ask: is it time to consider new tables?

In this blog, we explore the key themes from Working Paper 202, highlight emerging trends, and share our thoughts on what might lie ahead.

Sustainability
Finance
Global Markets
Infrastructure
Climate Change
Investment markets and net zero

Net zero investing in Indonesia

This is part of a series of blogs about net zero investment in different regions of the world outside of UK and EU. The series explores how net zero investment markets vary in different countries and the extent to which they are supporting the net zero transition. Here, Martin Earle takes a look at Indonesia.

IFoA
AI
Modelling
Mortality
Research
Health and care

Celebrating excellence: 2024 Geoffrey Heywood and Peter Clark prize winners

Every year, the IFoA recognises excellence in research and communicating actuarial knowledge by awarding prestigious prizes for outstanding papers published in IFoA publications. This year’s prizes, rewarding articles published in 2024, demonstrate excellence and impact across a range of areas encountered by actuaries in their practice and research. 

Climate Change

Transition plan reporting: lost in translation?

Despite their noble intent, these reports often face the challenge of being ‘lost in translation’, leaving stakeholders puzzled or misinformed. This blog explores the intricacies of transition plan reporting, exploring the challenges and offering insights to create meaningful and impactful communication.

Risk

2025 liquidity risk management survey

The IFoA Liquidity Working Party has conducted a benchmarking survey on current liquidity management practices to understand key topics and common approaches taken across the industry. The survey consisted of multiple choice and open-ended questions in a range of areas including contingency/optimisation actions, methodology, governance and current issues. Seven life insurance companies responded to the survey (though one firm opted to respond to only a subset of the questions). This blog summarises the key findings from the responses received and a full report will follow later this year.

CMI

Insights from the CMI’s latest subscriber survey

Jonathan Hughes (Chair of the CMI) and Stuart McDonald (Deputy Chair of the CMI) summarise the key takeaways from the CMI’s latest subscriber survey.

Resilience
Learning
Careers

Taking charge of your actuarial career

The actuarial profession is rapidly evolving with AI and changing business models reshaping how actuaries work. Career coach Jane Barrett, author of ‘Taking Charge of Your Career’ argues that actuaries must proactively develop three key areas to future-proof their careers.