IFoA returns to party conferences & more…Keep up with what has been happening this week in our latest actuary news round-up…
After a pandemic-induced hiatus, the IFoA’s Public Affairs team returned to the party conference circuit this year, attending both the Labour and Conservative conferences in Brighton and Manchester respectively.
The report, Climate-related risk: An information gathering report on actuarial involvement concluded that, in many organisations, actuaries are among those leading the thinking on climate-related risk. The key areas of work carried out by actuaries are scenario modelling and stress testing as well as working alongside others in asset management.
Arch Capital Group Ltd., alongside investment partners Warburg Pincus and Kelso & Company (Kelso), today announced that Watford Holdings Ltd. and Watford Re Ltd. have been renamed Somers Group Holdings Ltd. (Somers Group) and Somers Re Ltd. (Somers Re), respectively.
Today, it has become obvious that we need to build an army of actuaries to better respond to the requirements of International Financial Reporting Standards (IFRS), the new global accounting system, which has since replaced the International Accounting Standards (IAS).