The objective of the Actuarial Research Centre (ARC)'s research programmes is to address some of the bigger, global issues in actuarial science over a number of years through a partnership of the actuarial professions, academics and practitioners
The ARC commisions the following world-class programmes:
- Modelling, Measurement and Management of Longevity and Morbidity Risk - The development of a new generation of mortality and morbidity models, with a specific focus on the drivers for mortality. Watch Andrew Cairns introduce the research programme in the first video above.
- Use of Big Health and Actuarial Data for understanding Longevity and Morbidity - The development of new statistical and actuarial methods in the use of Big Data, in the context of health and wider applications. Elena Kulinskaya introduces the programme in the second video above.
- Minimising Longevity and Investment Risk while Optimising Future Pension Plans - Future pension products that meet customer needs, balancing stability, performance and cost. Jens Perch Nielsen introduces the programme in the video above.
- Economic Modelling - This programme seeks to explore current approaches in economic modelling and identify gaps requiring future research. The first phase of the research is a survey of the economic theories used, both explicitly and implicitly, by firms which employ actuaries in the UK.
- Behavioural Finance - Behavioural Aspects of Institutional Investment Decision-Making.The aim of this new project is to explore the decision-making of institutional investors, in particular insurers and pension schemes, and the biases that may affect their investment decisions. This may include, but not be limited to, emotional, psychological and political biases
If you are interested in partnering or accessing the ARC’s research for your community, please contact the ARC mailbox below.