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Actuarial tag returned 80 results

  • Australia: Actuaries' climate index shows a lull in extreme events but a persistent trend in overall climate

    The weather has largely returned to typical levels in Australia after a period of extremely destructive bushfires and storms, says the Actuaries Institute citing the Australian Actuaries Climate Index (AACI). The record-breaking extreme high temperatures, dryness and rainfall of the summer have subsided.

    Asia | 16 Jul 2020
  • Tan Suee Chieh becomes IFoA president

    The Institute and Faculty of Actuaries (IFoA) has announced that Mr Tan Suee Chieh FIA has begun his presidential term, taking over from Mr John Taylor FFA. Mr Tan has been part of the presidential team for the past year, in the position of president-elect. Ms Louise Pryor FIA joins the team as the next president-elect.

    People | 19 Jun 2020
  • Institute and Faculty of Actuaries forms COVID-19 Action Group

    The Institute and Faculty of Actuaries (IFoA) has set up an action group to lead and coordinate its response to the coronavirus crisis and has called for volunteers to help.

    Asia | 17 Apr 2020
  • Australia: Actuary outlines effects of COVID-19 on general insurers

    Overall, the general insurance industry will not be one of the sectors most heavily impacted by the current COVID-19 pandemic, says Ms Estelle Pearson, a principal at Finity Consulting, the largest independent actuarial and analytics consulting firm in Australia and New Zealand.

    Asia | 19 Mar 2020
  • Actuarial modelling of COVID-19 proving to be tricky

    The variability of the mortality effect by age makes the impact of COVID-19 highly variable by type of insurer, according to actuaries from Willis Towers Watson.

    Asia | 11 Mar 2020
  • Saudi Arabia: SAMA issues new actuarial regulation

    The Saudi Arabian Monetary Authority (SAMA) has issued the Actuarial Work Regulation, for more effective oversight of the growing insurance market in the kingdom.

    Middle East | 03 Mar 2020
  • Actuarial talent supply struggles to meet increasing demand

    Asia's growth over the last decade has seen many (re)insurers establish and expand their presence in the region. However, insurance is a very niche industry - requiring very specific skillsets - and the industry has recently been bemoaning the shortage of individuals with talent in the actuarial sciences (or arts, some might argue).

    AIRPlus | 06 Feb 2020
  • Aspen appoints Andrew Kudera as executive VP and group chief actuary

    Aspen has announced that Andrew Kudera has been appointed executive vice president and group chief actuary, effective February 3, 2020.

    People | 31 Jan 2020
  • South Korea: Regulator calls for insurers to brace for IFRS 17

    South Korea's insurance regulator has urged the country's insurers to strenghten their capital base and align their assets and liabilities in preparation of IFRS 17's implementation on 1 January 2022.

    Asia | 23 Dec 2019
  • Major accounting change for global reinsurer

    Zurich-headquartered Swiss Re Group has decided that its consolidated financial statements will be prepared in accordance with International Financial Reporting Standards (IFRS) from 1 January 2024.

    Asia | 09 Dec 2019

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