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Voting for the IFoA Council Elections 2019 closes at 12:00 (BST) on Monday 24 June.
Council elections are your opportunity to influence the strategic direction of the IFoA. Make sure you use your vote!
Seventeen candidates are standing for eight vacancies in the General constituency and three candidates are standing for two vacancies in the Scottish constituency.
The GI board has opened nominations for its Outstanding Achievement Award. The criteria for the award have been revamped to reflect a diverse range of ways that GI actuaries could have made outstanding contributions. The criteria can be found on the website here. If you would like to nominate someone for the award, please email GI.firstname.lastname@example.org outlining how you think they meet one or more of the criteria. Nominations close Monday 15th July.
Marjorie Ngwenya, Immediate Past President of the IFoA, blogs on the actuarial profession in Africa.
The actuarial profession in Africa is in an exciting growth phase. The IFoA has 2,246 registered members in the region (representing 7% of its global membership).
Policy manager Matthew Levine talks about why infrastructure finance is being put under the spotlight.
Carol Storey, Manager (Sustainability & Climate Change), PwC and Resource and Environment Research and CPD committee member, explains why a new IFoA working party will be looking at the role of energy in the economy and invites you to get involved.
Nothing happens in our world without energy. Global economic growth has depended on harnessing ever increasing amounts of energy. Since overall investment returns depend on economic growth, changes in the patterns of energy use should be of great interest to actuaries.
Saunak is currently working as a Pricing Actuary in the Casualty Asia Team for Swiss Re Global Services and currently based out of Bangalore, India.
In his current role, he leverages his knowledge on pricing and is heavily involved in providing analytical support for a wide variety of projects across the Asian region.
I am a qualified actuary and currently working in the AM Best Analytics team in Singapore.
The US Society of Actuaries has issued a request for proposals to produce introductory educational research papers in the Resource and Environment field and would welcome applications from IFoA members, or teams involving them, including academics. Detailed knowledge of the North American market is not a key requirement.
The deadline for submissions is 1 July but an intention to submit a proposal is requested by 17 June.
The 'A Study of Major Hurricanes and Subsequent Market Response' Working Party invites you to complete a questionnaire to help them build an understanding of US hurricanes and the historical market response.
Please complete the survey by end of day on Monday 8 July 2019.
All responses provided will be anonymised, aggregated and made publically availalbe on the IFoA website after the survey has ended.
Other actuary news
Added: Fri, 14/06/2019 - 17:00Artificial intelligence (AI) and automation are expected to replace one in five jobs within the next five years, a global survey of over 3,600 IT leaders by KPMG and Harvey Nash has found.
Added: Thu, 13/06/2019 - 12:00Legacy IT infrastructure and business models pose the greatest threat to the global insurance sector, a poll of more then 900 senior industry experts has found.
Added: Wed, 12/06/2019 - 17:15There has been a significant fall in interest around who should pay for social care in the UK amid a policy paralysis widely blamed on Brexit, new research has uncovered.
Added: Tue, 11/06/2019 - 12:20Employers could soon encounter a growing number of claims for musculoskeletal disorders (MSDs) as more people start working from home.
Added: Mon, 10/06/2019 - 16:00European insurance buyers should prepare for rising rates and tightening terms and conditions after insurers suffered unprecedented losses over the last two years.
Added: Fri, 07/06/2019 - 12:20The number of companies and organisations supporting the Task Force on Climate-related Financial Disclosures (TCFD) has risen by more than half since last September.
Added: Thu, 06/06/2019 - 12:00Much-anticipated pension and social care policies are likely to be delayed further thanks to the UK Conservative Party's leadership contest, Aegon has warned.
Added: Thu, 06/06/2019 - 09:00An update for June on what our society has been up to...
Added: Wed, 05/06/2019 - 18:00Many asset managers are wrongly focused on one-year planning and are failing to achieve sustainable long-term value, leaving them at serious risk of 10-year existential threats.
Added: Tue, 04/06/2019 - 16:20The financial sector is set to gain most from creating new sustainable products and services in response to climate change, a groundbreaking international study has revealed.