Capita to work with government to help provide COVID-19 testing sites & more…Keep up with what’s been happening this week in our latest actuary news round-up…
A COVID-19 Actuaries Response Group forum for actuaries has been launched to bring actuarial professional together to help learn about how to respond to coronavirus. The group has 11 members which included epidemiologists, actuaries and longevity specialists.
Travel insurance companies worldwide are estimated to pay out the highest number of claims this year due to the pandemic, particularly in the UK. The Association of British Insurers expects travel insurance companies to pay out at least £275m to cover cancellations related to COVID-19.
British outsourcer Capita are looking at contributing resources to healthcare call centres as well as work with the government to set up coronavirus testing sites.
After the Chancellor has announced that self-employed people will be eligible to receive income support, The Self-Invested Technical Specialist at Barnett Waddingham has called on the government to be consider auto-enrolment for the self-employed.
British insurance company, Aviva are automatically giving their customers who work for the NHS free breakdown cover to all NHS workers who have an Aviva, Quotemehappy or General Accident branded policies.
The Pension Climate Risk Industry Group (PCRIG) has published new guidance to help trustees manage and report climate-related risks in line with the Government’s Green Finance Strategy. LCP responded by saying that trustees need to take the guidelines seriously to manage climate related risks.
Earlier this week, the International Accounting Standards Board (IASB) has proposed to further delay the effective date of IFRS 17 Insurance Contracts by 1 year from the initial date to 1 January 2023.