How Gen AI is transforming actuarial work in Canada & more…Keep up with what has been happening this week in our latest IP news round-up…
PMI Launches Trustee Special Interest Group
The PMI is excited to announce its first Special Interest Group (SIG), which has been created for trustees.
Posts
IFoA introduces chartered actuary designation & more…Keep up with what has been happening this week in our latest IP news round-up…
IFoA introduces chartered actuary designation
The Institute and Faculty of Actuaries (IFoA) has introduced a chartered actuary designation for its fellows and associates, establishing a legally protected title that sets apart fully qualified IFoA actuaries.
Posts
Less than half of UK businesses have sustainability targets in place & more…Keep up with what has been happening this week in our latest IP news round-up…
Chartered actuary designation for IFoA qualified actuaries
The Institute and Faculty of Actuaries (IFoA) has now introduced chartered actuary designation for all IFoA Fellow members and IFoA Associate members.
Posts
Building society retirement scheme secures £70m buy-in & more…Keep up with what has been happening this week in our latest IP news round-up…
PPF launches its 5th Responsible Investment report
PPF launches its fifth Responsible Investment report, highlighting the impact collaboration across both Private and Public markets has had on disclosure and driving value across its portfolio.
Posts
Netherlands tops global pension rankings & more…Keep up with what has been happening this week in our latest IP news round-up…
Legal and General completes buyin with Deutsche Bank Pension
Legal & General Assurance Society Limited has completed a £1.1 billion full buy-in with the DB (UK) Pension Scheme, securing the benefits of around 4,000 members.
Posts
Ethical and regulatory concerns remain over GenAI & more…Keep up with what has been happening this week in our latest IP news round-up…
Ethical and regulatory concerns remain over GenAI
A new study exploring the use of generative AI (GenAI) in insurance suggests that 9 in 10 insurers plan to invest in GenAI in the next year, but the ethical and regulatory implications of innovation continue to frustrate many.
Posts
IFoA appoints Paul Lewis as new CEO & more…Keep up with what has been happening this week in our latest IP news round-up…
IFoA appoints Paul Lewis as new CEO
The IFoA has appointed Paul Lewis as its new chief executive officer.
Posts
Aviva completes £1.5bn buy-in & more…Keep up with what has been happening this week in our latest IP news round-up…
Aviva completes £1.5bn buy-in with Michelin Pension and Life Assurance Plan
Aviva has announced the completion of a £1.5 billion bulk purchase annuity full-scheme buy-in with the Michelin Pension and Life Assurance Plan.
Posts
Broadstone Insurance Risk Monitor & more…Keep up with what has been happening this week in our latest IP news round-up…
Non-executive chair reappointment at Government Actuary’s Department
The Government Actuary’s Department (GAD) announces the reappointment of Les Philpott as non-executive director and Management Board chair.
Posts
Climate change and sustainability driving corporate strategies & more…Keep up with what has been happening this week in our latest IP news round-up…
Ewen Tweedie appointed Actuarial Director at Broadstone
Ewen joins Broadstone from PwC with over 16 years sector experience.
Posts
Underwriters and actuaries worry as insurers invest in AI & more…Keep up with what has been happening this week in our latest IP news round-up…
Aviva completes £200m buyin with Arriva Merseyside Ltd
Aviva has announced the completion of a £200 million bulk purchase annuity scheme buy-in with the Merseyside Pension Fund (MPF).
Posts
Actuaries institute on what’s driving significant pension losses & more…Keep up with what has been happening this week in our latest IP news round-up…
Dalbir Singh appointed Actuarial Director at Broadstone
Dalbir joins Broadstone from WTW with nearly 20 years sector experience.
Posts
Nigeria convention attracts stellar attendees & more…Keep up with what has been happening this week in our latest IP news round-up…
CEO of Marsh McLennan UK gives evidence to FSRC
Chris Lay, CEO of Marsh McLennan UK and of Marsh in the UK, gave evidence to the Financial Services Regulation Committee for their session on the “FCA and PRA’s secondary competitiveness and growth objective”.
Posts
Bursary honours actuarial science alumnus & more…Keep up with what has been happening this week in our latest IP news round-up…
Helping life insurance pricing actuaries overcome challenges
Eric Peterson, a pricing actuary at Americo Financial Life, shares how Swiss Re has been a great partner for him in terms of pricing, knowledge, and collaboration.
Posts
Canada Life partners with ELSA Next Generation & more…Keep up with what has been happening this week in our latest IP news round-up…
Scottish risk transfer team grows as two new hires join Hymans Robertson
Hymans Robertson has announced two new experienced hires to its Edinburgh office as the firm’s risk transfer team continue to grow.
Posts
Grant Thornton unveils new programme & more…Keep up with what has been happening this week in our latest IP news round-up…
Two new partners promoted at First Actuarial
Professional services firm First Actuarial has created two new partnerships, to recognise the efforts of a duo of long-standing members.
Posts
GAD supports power station development & more…Keep up with what has been happening this week in our latest IP news round-up…
Thailand:Regulator sets up committee to vet the performance of actuaries
The Office of the Insurance Commission (OIC) has established a committee to screen actuaries in Thailand and decide on their licences.
Posts
Institutes join forces to raise actuaries’ AI skills & more…Keep up with what has been happening this week in our latest IP news round-up…
ICSWG launches new workstream
The Investment Consultants Sustainability Working Group (ICSWG) has set up a new workstream that will be working with regulators and policymakers to help enable pension scheme trustees to be freed from ‘tick box’ exercises and focus on making more impactful decisions that will boost sustainable investment and enhance scheme members’ outcomes.
Posts
Actuaries form close ties with finance as insurers meet reporting standard & more…Keep up with what has been happening this week in our latest IP news round-up…
King’s Speech launches drive for pension and audit reform
Pension reforms, a new audit regulator and tougher corporate governance rules were among a raft of legislative proposals announced in the King’s Speech.
Posts
ACA stresses holistic approach for legislation on pensions & more…Keep up with what has been happening this week in our latest IP news round-up…
King’s Speech must set the tone for the long-term, says IFoA president
Ahead of the King’s Speech at the state opening of UK Parliament on 17 July, the IFoA is calling on the new government to set out a bold and ambitious legislative agenda to tackle the pressing long-term issues facing the UK.
Posts
Isio secures new investment from Aquiline & more…Keep up with what has been happening this week in our latest IP news round-up…
Isio secures new investment from Aquiline
Isio has secured new investment from Aquiline Capital Partners LP (“Aquiline”), a private investment specialist in financial services and related technologies, to support the next phase of its growth.
Posts
Risk professionals unfazed by rise of the far right & more…Keep up with what has been happening this week in our latest IP news round-up…
Risk professionals unfazed by rise of the far right
Most European risk professionals are “unperturbed” by the far right’s performance in recent elections and think it will be “business as usual”, according to a poll.
Posts
IFoA partners with EY Foundation & more…Keep up with what has been happening this week in our latest IP news round-up…
IFoA appoints new director of learning
Actuary Mike McDougall, a business leader with experience of strategic and operational change, is to be the IFoA’s new director of learning.
Posts
Health and pharma most exposed to AI failures by 2034 & more…Keep up with what has been happening this week in our latest IP news round-up…
Mercer to acquire Cardano Group including NOW Pensions
Mercer, a business of Marsh McLennan has announced that it reached an agreement to acquire Cardano Group.
Posts
IFoA Risk Alert on climate change scenario analysis & more…Keep up with what has been happening this week in our latest IP news round-up…
Dalriada appoints Barbara Fewkes as a professional trustee
Dalriada Trustees has appointed Barbara Fewkes as a professional trustee.
Posts