Authors from the Social Security workstream of the IFoA Covid-19 Action Taskforce, highlight two ways in which they believe that additional longer term COVID related imbalances are set to emerge in social security systems.
Covid-19
A group of GI actuaries have been trying to identify changes in exposures and claims experience and their potential impact on reserving. This blog looks at the impact on the health insurance market in India.
Analysing and understanding the COVID-19 pandemic introduces a host of unforeseen challenges that are very different to traditional actuarial work. Andrew Robinson, Naliaka Wafula, Sukrita Singh and John Branford from our PAN4 COVID-19 workstream share their experiences and ask for your thoughts and insights as to how the challenges can be best addressed.
In this follow-on blog post Stephen Moncrief continues to take us on a journey to consider whether the Coronavirus pandemic should alter our views on the desirability of Universal Basic Income (UBI) approaches.
As part of the IFoA's Covid-19 Action Task Force, a group of General Insurance actuaries have been studying the impact of Covid-19 and pandemic induced lockdowns on GI claims inflation and development. This blog discusses the changes in exposure and claims experience in Marine and Aviation insurance.
IFoA Fellow Phil Caine asks why actuaries aren't 'ripping up the modelling rule book' as a result of the Covid-19 pandemic.
This blog looks at some of the short-term responses in the non-life sector. Future blogs will cover life and health, and will look a bit further over the horizon at how things might evolve in a post-covid world.
Dermot Grenham, Chair of the Scottish Board, gives an overview of the IFoA’s latest policy and public affairs activity in Scotland.
Policy and Public Affairs Assistant, Katy Little, offers a glimpse into the key announcements from the 2020 Spending review.
This blog discusses the potential impact of Covid-19 on expenses and expense inflation valuation assumptions for non-linked life products.