Keep up with what’s been happening this week in our latest actuary news round-up…

Life expectancy declines for the UK’s poorest women in a decade-long review

The UCL Institute of Health Equity has warned that the decline in life expectancy is more than 80% attributed from influences other than winter related mortality between 2011-19 with austerity having a harmful impact on health.

New Group Chief Actuary has been appointed at Aspen Insurance Holdings

Aspen Insurance Holdings has appointed Andrew Kudera as group chief actuary and executive vice-president as the previous group actuary, Paul Frydas, will take on the new role of chief analytics officer.

FRC announces major review of how climate risk is reported

The Financial Reporting Council (FRC) which regulates actuaries, auditors and accountants has announced that it would review how companies and auditors assess and report on the impact of climate change to determine the quality of climate risk reporting from a sample of company documents.

Zurich to expand cyber protection by teaming up with global security specialist as risks grow

Zurich has teamed up with cyber security company CYE to offer businesses the help to define and deploy effective cyber-risk management programs which will help shield businesses against the growing risks of cyber attacks.

Nearly half of Europeans are not saving enough according to recent pensions survey

Insurance Europe have conducted a broad survey of 10,000 people across 10 European countries and have found that 43% of European citizens are not saving privately for their retirement however, of those not saving, 62% say they are interested in saving but 42% said they can’t afford to do so.

Stocks Markets plummet globally due to Coronavirus

Shares across the worlds are suffering the work week since the 2008 global financial crisis as fears over the impact of the Coronavirus affect investors. Stock markets in Europe fell sharply this week with London’s FTSE 100 index sinking more than 3%.

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