Canada Life increases annuity rates for 16th time this year & more…Keep up with what has been happening this week in our latest actuary news round-up…

PhilHealth ‘will last forever,’ actuarial life until 2027 only an assumption

An executive of the Philippine Health Insurance Corporation (PhilHealth) on Wednesday said that the state insurer will last “forever,” amid a remark by its chief that its actuarial life may only last until 2027.

IFoA issues Risk Alert on high inflation

The Institute and Faculty of Actuaries (IFoA) has issued a Risk Alert to all its members on the impact of high inflation, with a particular focus on actuaries working in general and life insurance and pensions.

Canada Life increases annuity rates for 16th time this year

Canada Life has announced a further improvement to annuity rates, with the latest change the 16th time this year rates have improved.

Aon names Jeremy Goodman as UK president for Reinsurance Solutions

Insurance and reinsurance broker Aon has named Jeremy Goodman as the UK president for its Reinsurance Solutions business.

Actuaries Institute names Actuary of the Year 2022

The Actuaries Institute has named Chris Dolman the Actuary of the Year for 2022 for making a notable contribution to the community and bringing credit to the profession.