Covid-19

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.

Josephine Robertson, MA FIA CERA MPH, with inputs from the workstream, discusses the importance of revisiting the definition of goals we strive to achieve while we rebuild our post-pandemic societies.

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.

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. 

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.