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AI
Risk

Why actuaries are uniquely positioned to lead AI governance

As AI reshapes the insurance industry, questions of governance grow more urgent. In this thought-provoking piece, Atreyee Bhattacharyya, member of the AI Ethics Working Party, explores why actuaries are uniquely equipped to lead the charge in ethical, accountable AI oversight. This is the second in a series of blogs by the AI Ethics Working Party.

DEI
Diversity
Volunteering

At the heart of our community: meet the Women Actuaries Community Committee

The IFoA Women Actuaries Community Committee introduce themselves and their ongoing work

Biodiversity

Nature at risk, models at fault: Why biodiversity can't wait

Today, the Biodiversity Working Party Scenarios group released their report “Nature at Risk, Models at Fault: Why Biodiversity Can't Wait”.

Health and care
Prizes
Life Conference

From ideas to influence: the story of The Big Pitch

Mohamed Elsheemy, Chair of the IFoA Health and Care Lifelong Learning Committee, explains the background to The Big Pitch, the success of the first such event and why you should enter The Big Pitch 2025.

IFoA
IFoA India Conference

Reflecting on our Actuarial Innovation Challenge experience

The Actuarial Innovation Challenge made its debut at the IFoA India Conference 2024 — and what a debut it was. With over 150 teams from across South Asia, the competition showcased the talent, creativity, and drive of the next generation of actuaries. Last year’s winners, the Actuarial Alchemists, share how the experience shaped their journey and why it’s an opportunity no student should miss.

CMI
Mortality
Pensions

How effective are the “S4” Series socio-economic tables?

The Continuous Mortality Investigation (CMI) Self-administered Pension Schemes (SAPS) Committee has published an investigation into the efficacy of the “S4” Series socio-economic tables. This is the first analysis of its kind published by the Committee.

AI
Careers
Learning

Do you still need to learn programming

In an era where AI can generate code in seconds, it’s a fair question for any actuary to ask: "Do I still need to learn programming?"

CMI
Mortality

CMI Model: Reflecting pandemic impacts in different countries

The CMI has updated the CMI Mortality Projections Model so it can better reflect the impact of the pandemic in different countries. This blog describes the changes and the reasons for them.

Risk
AI

All bugs are insects, not all insects are bugs: automation and AI in insurance

This blog explores the crucial differences between automation and AI in the insurance industry, highlighting how each presents unique ethical risks and governance challenges. This is the third in a series of blogs by the AI Ethics Working Party.

IFoA Asia Conference

Celebrating the success of IFoA Asia Conference 2025

The IFoA Asia Conference 2025 in Kuala Lumpur brought together more than 560 delegates from across the region and beyond. Over two days, actuaries, business leaders, academics, and students explored new ideas, debated big issues, and strengthened connections – reflecting the profession’s growing influence in Asia’s dynamic landscape.

CMI
Assurances
Mortality

Unequal lives: socio-economic variation in mortality experience

Michael Anderson (of RGA), a member of the CMI Annuities Committee, reflects on the key findings of their analysis of mortality experience by IMD to 2022.

Mental health

World Mental Health Day 2025: Take our survey on the mental health of actuaries

World Mental Health Day 2025 takes place on 10 October with the theme ‘Access to Services – Mental Health in Catastrophes and Emergencies.’ It is a timely reminder that crises – whether natural disasters, armed conflicts or other emergencies – leave deep psychological impacts alongside physical ones.

Public Affairs
Policy

Actuaries lead pensions debate at 2025 party conferences

Our Policy and Public Affairs Team reports back from the 2025 party conferences, an opportunity to bring the actuarial profession to life to political stakeholders.

Climate Change
Modelling
Mortality

A hostile climate?

Climate change is reshaping the conditions on which human civilisation depends. From rising mortality risks to modelling challenges, the actuarial profession must urgently engage with this evolving threat.

Finance
Insurance

FCA’s protection market study: market overview

Yavi Ganeshamohan, Adam Hughes, and Joshua Lea of the IFoA’s Consumer Duty Working Party provide insights into the FCA’s protection market study, highlighting key dynamics shaping the retail protection landscape.

Risk
AI

Thinking fast and slow: improving how we understand and control the use of LLMs

LLMs may sound like careful thinkers. But beneath the surface, there is just statistical pattern-matching. Financial services firms must stay sceptical, enforce human oversight, and design for safety. By Brandon Horwitz (with some help from ChatGPT)*, Chair of the IFoA’s AI Ethics, Governance and Risk Management Working Party. This is the fourth in a series of blogs by the working party.

QAS

QAS: Setting the standard for actuarial teams across the industry

Saurabh Agrawal, Head of With-Profits Management at NFU Mutual, explains what QAS accreditation means for the organisation – and how it goes beyond a standard accreditation.

AI

After the headlines: six practical techniques for managing LLM hallucination

From making sure you have selected web search to learning how to engineer your prompts, Nnamdi Odozi and the AI Ethics Working Party explore six ways to work around LLM weaknesses and limitations. This is the fifth in a series of blogs by the working party.

Life Insurance
Climate Change
Risk

When black swans turn into gray rhinos

To introduce a new blog series on climate risk, the IFoA’s Life Climate Change Working Party explores the concepts of ‘black swans’ and ‘gray rhinos’ in a climate context.

General Insurance

Claims inflation estimation: A practical guide for historical data

The Brian Hey Prize 2025 had an exceptionally high number of submissions this year, reflecting growing enthusiasm across general insurance, data science and health fields. Here one one of the runners up, Chair of the IFoA’s Claims Inflation Working Cian Creedon, introduces research into adjusting claims’ reserving methods for economic inflation volatility.