Keep up with what has been happening this week in our latest actuary news round-up…
The Continuous Mortality Investigation (CMI) have found that in the week before Christmas this year there were 51% more deaths than the same time in 2019 with 2,912 Covid-19 related death certificates between 19th – 25th December.
Analysis by Mercer, a consultancy firm, has found that the accounting deficit of defined benefit pension schemes at FTSE 350 firms was nearly double last years at £70bn in 2020 compared to £40bn in 2019.
It has been predicted that the insurance industry will have to continue and change to adapt to a more digital approach after the Covid-19 pandemic has cost the global insurance industry an estimated $203bn.
Redington has announced that Nick Horsfall and Andrew Drake were appointed as managing directors for their investment consulting team.
Davies Group, a UK-based firm aims to expand to the US insurance market with their new acquisition of Northshore International Insurance Services, a provider of audit, management, and consulting services.
After six consecutive months of GDP growth, the monthly gross GDP fell in November by 2.6% after new Covid-19 restrictions have been put in place by the government.
Legal & General has appointed Dr Tarun Gupta as their new medical officer where he will provide medical opinion on complex group risk cases and clinical issues.