Two people looking at a financial report on a screen
IFoA’s COVID-19 Action Taskforce (ICAT) Financial Reporting Group (FRG) with input from within the COVID-19 workstream, provides initial observations considering the topic of Covid-19 reporting implications for actuaries working on insurance companies/pension plans.
Alan Marshall, Review Actuary in the IFoA Actuarial Review Team, talks about the success of the first Thematic Review Report and looks ahead to the next reviews being planned.
Harshitta Malakar, from the IFoA’s COVID-19 ICAT General Insurance Claims Inflation group, looks at the impact of the pandemic on the frequency and severity of motor claims and the issues which reserving actuaries should consider.
A group of general insurance actuaries working as part of the IFoA Covid-19 Action Task Force have been studying the impact of Covid-19. This blog discusses the changes in social inflation caused by pandemic.
Laptop and graphs
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.