Milliman wins two prestigious awards & more…Keep up with what has been happening this week in our latest actuary news round-up…

Milliman wins two prestigious InsuranceERM Awards for its transformational insurtech products

Milliman Mind and Milliman Integrate recognized as “Actuarial Modeling Solution of the Year” and “Regulatory Reporting Software of the Year,” respectively

USQRisk names Rhys Jones head of UK pricing

USQRisk, an international managing general agent (MGA) specialising in alternative risk transfer solutions, has announced the appointment of Rhys Jones as head of UK pricing and senior underwriter.

Deforestation ignored in net-zero pledges & more…Keep up with what has been happening this week in our latest actuary news round-up…

FCA forces firms to stop offers to British Steel pensioners

The FCA told advice firms they should stop making unsolicited settlement offers to former members of the British Steel Pension Scheme (BSPS) who are likely to be part of the redress scheme we have established.

Insurers committed to making bigger impact on mental health & more…Keep up with what has been happening this week in our latest actuary news round-up…

Insurers committed to making bigger impact on mental health

Globally, poor mental health afflicts close to a billion people.1 Incidents of mental illness soared during the pandemic due to social restrictions, isolation and increased financial insecurity.

FRC investigates gender imbalance among UK actuaries & more…Keep up with what has been happening this week in our latest actuary news round-up…

PIC completes third buy in with British American Tobacco

Pension Insurance Corporation plc, has concluded a third pension insurance buy-in with the Trustee of the British American Tobacco UK Pension Fund, insuring approximately £250 million of liabilities.

Actuary roles second only to accountants & more…Keep up with what has been happening this week in our latest actuary news round-up…

Veitchi scheme completes £8m buy-in with Just Group

The Veitchi Limited Retirement Benefits Scheme has completed an £8m full buy-in with Just Group.

First Actuarial restructures management and ownership structure & more…Keep up with what has been happening this week in our latest actuary news round-up…

First Actuarial restructures management and ownership structure

First Actuarial has overhauled its management and decision-making structures following the growth of the business.

Heriot-Watt earns international recognition & more…Keep up with what has been happening this week in our latest actuary news round-up…

Aon’s Ruth Murray receives Exceptional Service Award from Chartered Insurance Institute

RUTH Murray, Public Sector Client Services Director for Aon in Glasgow, has been honoured by the Chartered Insurance Institute with an Exceptional Service Award.

Isio announce intent to acquire Deloitte’s pensions business & more…Keep up with what has been happening this week in our latest actuary news round-up…

Convex Group names new CFO

Convex Group Limited, an international specialty insurer and reinsurer, has announced the promotion of Brian Bissett to group chief financial officer.

Allianz Holdings appoints new chief actuary & more…Keep up with what has been happening this week in our latest actuary news round-up…

Allianz Holdings has appointed Laurence Townley as chief actuary for UK business 

Allianz Holdings has announced the appointment of Laurence Townley as chief actuary for the UK business effective 1 January 2023.

Companies confused on diversity and inclusion & more…Keep up with what has been happening this week in our latest actuary news round-up…

TPR appoints Nausicaa Delfas as new Chief Executive

The Pensions Regulator (TPR) has announced the appointment of Nausicaa Delfas as its new Chief Executive.

GAD engages at GIRO & more…Keep up with what has been happening this week in our latest actuary news round-up…

GAD engages at GIRO

Speakers from the GAD have shared knowledge and expertise with delegates at GIRO – a major actuarial conference on general insurance.

Aon announces new UK partners & more…Keep up with what has been happening this week in our latest actuary news round-up…

Milliman appoints Junaidi Amin as head of life insurance consulting in Indonesia

A statement from the firm said Amin moved into his role earlier this week.

WTW launches ‘Dream Big’ program & more…Keep up with what has been happening this week in our latest actuary news round-up…

FCA unveils moves for more accessible financial advice

Proposals to improve people’s access to financial advice and help them to invest with confidence have been unveiled by the Financial Conduct Authority (FCA).

Canopius Group names US head of actuarial & more…Keep up with what has been happening this week in our latest actuary news round-up…

GAD’s work with HM Land Registry

GAD provided actuarial advice to HM Land Registry as it looks to estimate the cost of fraud and errors.

GAD Actuaries and Pupils discuss climate change & more…Keep up with what has been happening this week in our latest actuary news round-up…

ABI publishes DEI Blueprint to help improve diversity and inclusion

The Association of British Insurers (ABI) has published an ambitious new Blueprint, setting out a multi-year strategy and work plan to improve Diversity, Equity and Inclusion across the insurance and long-term savings industry.

WTW reveals partnership with UNICEF & more…Keep up with what has been happening this week in our latest actuary news round-up…

WTW reveals partnership with UNICEF

Global broker WTW is supporting a newly announced initiative by the United Nations Children’s Fund (UNICEF) to provide sustainable disaster and climate change protections geared to meet the needs of vulnerable children.

Actuaries ‘can contribute’ at COP27 & more…Keep up with what has been happening this week in our latest actuary news round-up…

ARM launches Data and Modeling Institute

Actuarial Risk Management Ltd.

Standard Life completes £530m buy-in with the Cobham Pension Plan & more…Keep up with what has been happening this week in our latest actuary news round-up…

Agfa UK Group Pension Plan completes £200m buy-in with Standard Life

The Agfa UK Group Pension Plan has completed a £200m buy-in with Standard Life, securing the benefits of 770 scheme members.

ARM launches Data and Modeling Institute & more…Keep up with what has been happening this week in our latest actuary news round-up…

Standard Life completes buy in with the Cobham Pension Plan

Standard Life, part of Phoenix Group, has concluded a £530 million Bulk Purchase Annuity (“BPA”) transaction covering c.

Broadstone and Buck comment on the October PPF 7800 Index & more…Keep up with what has been happening this week in our latest actuary news round-up…

Zedra acquire Clear Pen Solutions

Deal follows the acquisitions of Inside Pensions Ltd, PTL Governance Limited and Caledonian Trustees Limited, as well as the launch of ZEDRA’s Pensions & Incentives offering.

Aon expands reputational risk data and analytics capabilities & more…Keep up with what has been happening this week in our latest actuary news round-up…

Aon expands reputational risk data and analytics capabilities

Global professional services firm, Aon, has expanded its data and analytics capabilities for reputational risk with the acquisition of advanced analytics and advisory services provider, Pentland Analytics’ reputation crisis database.

IFoA welcomes Work and Pension Committee report & more…Keep up with what has been happening this week in our latest actuary news round-up…

IFoA welcomes Work and Pension Committee report

The IFoA welcomes the publication of the Work and Pensions Committee third stage inquiry report into ‘saving for later life’.

Isio appoints three new partners & more…Keep up with what has been happening this week in our latest actuary news round-up…

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.

Hymans Robertson named UK Stewardship Code signatory & more…Keep up with what has been happening this week in our latest actuary news round-up…

Oliver Wyman opens actuarial office in Bermuda led by Faisal Haddad

Management consultancy Oliver Wyman last month announced the opening of a new actuarial office in Bermuda.