Growing presence in life and non-life insurance sector
Colin Forrest appointed partner and UK actuarial leader
Plans to introduce 'unitary board’ approved
Alert calls on actuaries to take greater care
Actuarial consultancy Punter Southall has found evidence that HR departments are sitting on huge data inaccuracies that leaving staff un-insured, potentially meaning their companies are unknowingly holding millions of pounds worth of self-insured liabilities....
The Institute and Faculty of Actuaries has partnered with the Scottish Financial Risk Academy to further actuarial science.
The Institute and Faculty of Actuaries has identified lack of clarity about how to plan for future long term care needs and a lack of reliable sector data as barriers to market development.
Mistakes are commonly made when using life expectancy figures, as real lifespans are likely to be higher than quoted examples of life expectancy, the Institute and Faculty of Actuaries has pointed out.