Actuaries in Africa are eschewing the use of old mortality tables from other countries in favour of creating their own applicable ones, according to an article in the May 2024 edition of The Actuary, a publication of the London-headquartered Institute and Faculty of Actuaries (IFOA).
The London-headquartered Institute and Faculty of Actuaries (IFoA) is holding its inaugural Middle East Conference this month with two events - in Riyadh and Dubai.
Insurers need to "think bigger" to develop a system-wide understanding of the challenges and cooperate on solutions, not just within the insurance industry but also by engaging the wider ecosystem, APRA executive board member Suzanne Smith has said.
The Institute and Faculty of Actuaries (IFoA) has appointed Mr Paul Sweeting as the next president-elect. He will assume the role on 24 July 2024 at the IFoA annual general meeting when Ms Kartina Tahir Thomson, the present president-elect, becomes president.
The Actuaries Institute is calling for the annual Superannuation Performance Test to transition to a two-metric Test, so it better aligns with the overarching duty of super fund trustees to act in the best financial interests of their members.
Bangladesh is lagging in providing insurance education because of a reluctance among students to pursue insurance studies, educators say.
The Actuaries Institute has identified barriers that must be overcome as the focus of superannuation policy development moves more strongly to support Australians in their retirement.
Australia should reimagine its retirement ecosystem so people can easily access targeted support to plan their futures and fund their lifestyles by having greater work flexibility and access to equity in their homes, if they can and wish to do so, a paper published by the Actuaries Institute says.
The Actuarial Association of Sri Lanka (AASL) is organising its third South Asian Actuarial Conference (SAAC 2023).
The Financial Services Authority (OJK) has said that there were still 27 insurance and reinsurance companies in Indonesia that did not have actuaries as of 9 October 2023, even though there were less than three months for these companies to submit their requests for a fit and proper test to the OJK for an appointed actuary by the end of this year.