Global insurance trends

OAC Joins FinanceMalta Association

The latest from OAC, who are building connections in Malta; Leading actuarial consultancy OAC (part of the Broadstone Group) has joined FinanceMalta, a public-private initiative set up to promote Malta as an International Financial Centre. […]

News

IFoA, Kennedys and IEA Comments on The King’s Speech

Commenting on the King’s Speech at the State Opening of Parliament yesterday (7 November 2023), Kalpana Shah, President at the Institute and Faculty of Actuaries (IFoA) said: “Five years on from Sir John Kingman’s independent review […]

UK Insurance Trends

Life, Pensions & Illness: Time For a Great Reset?

The latest update to the CMI Mortality Projections Model for 2022 make interesting reading for anyone working in Life and critical illness insurance. The impact of the pandemic and the vaccine rollout is plain to […]

Insurance Regulation

IFoA Modernises Its Governance

The Institute and Faculty of Actuaries (IFoA) Council has approved a series of measures to strengthen and modernise its governance. The changes reflect leading governance practice and support the IFoA’s ambition to be a globally leading professional […]

Insurance Brokers

Actuarial Standards in Focus in New IFoA Review

Latest from the IFoA; Actuaries advising sponsors of UK defined benefit (DB) pension schemes don’t always focus on articulating the sponsor’s objectives and clearly communicating how they relate to funding advice. That’s one of the […]

News

Life & Critical Illness Sector Faces a Mortality Data Challenge

Will insurers and actuaries see the recent trend in excess mortality as a blip, or something that presages the future? It’s a profound question because the causes of death are inextricably linked not only to […]

News

Modest Increase in Reinsurance Rates, Says Gallagher

Reinsurance rates showed modest increases at 1.4 characterised by an orderly renewal season, according to the latest 1st View April reinsurance renewals report published today by Gallagher Re, the global reinsurance broker. In general, buyers’ largely stable capacity […]

News

Deals: Aventum Buys Mulberry Risk

Aventum, the fast growing International (Re)Insurance Group, currently trading more than USD1.1bn GWP annually, has acquired Mulberry Risk, a boutique consultancy providing actuarial, analytical, exposure and capacity management services to MGAs. The acquisition is a seminal development in the […]