Life insurance has evolved to become an indispensable economic and social driver and is no longer a mere financial product, amid the rapid demographic and digital transformations taking place in the Arab region, said speakers at the "Life Insurance Pricing" webinar organised by the General Arab Insurance Federation (GAIF) last week.
The government has proposed the establishment of the Actuarial Institute of Bangladesh (AIB) to develop and promote the actuarial profession in the country.
The Arab Actuarial League (AAL) has established working groups to tackle challenges facing the compilation of mortality tables for Arab countries.
Participants at the recent Singapore Actuarial Conference discussed the qualities needed in actuaries who aspire to move into business leadership roles or start a new business.
Thailand's regulator, the Office of Insurance Commission (OIC), has ordered the license of Mr Chalermkiat Charamburaphong, Actuary, License No. W012/2024, to be suspended for a period of 12 months, pursuant to Order No. 47/2025.
In her keynote speech at the Singapore Actuarial Conference 2025, Central Provident Fund Board (CPFB) CEO Melissa Khoo referenced the theme of the event, "Clarity in Uncertainty: An Actuary's Home Ground".
It is not too late for senior actuaries to learn to use AI and the technology is unlikely to derail their careers, Uber Technologies vice president of applied science, Dr Frank Chang, said.
Actuaries can bring clarity to a world where uncertainty and unpredictability are "through the roof", said Singapore Actuarial Society council member Akash Gupta.
The National Health Insurance Authority (NHIA) has stressed the urgent need to strengthen actuarial capacity and institutionalise evidence-based policymaking within Nigeria's healthcare financing sector, as the country grapples with mounting pressures on the public health system.
A group of South African actuaries has published the first iteration of the Mortality and Morbidity Impact Assessment Framework, according to a statement released by the Actuarial Society of South Africa (ASSA).