39 results found
Climate reporting focus: EIOPA
This is part 3 of a series of educational posts from the IFoA’s Climate Change Disclosures Working Party about climate reporting topics. Here the working party discusses EIOPA and gives a brief overview of the current and upcoming requirements.
Celebrating a decade of impact: IFoA Asia Conference turns 10
Saroja Gunatilleke, IFoA Asia Conference 2025 committee member, explores the evolution and impact of the conference as it celebrates its 10th anniversary in Kuala Lumpur.
How can the actuarial profession leverage the growing regulatory interest in climate reporting?
Over the past couple of years, many authorities around the world have declared a climate emergency. It is now widely accepted that climate change presents a material systemic financial risk. As life actuaries, our work includes analysing long-term financial risks and opportunities, so this would include considering the issues and scenarios that may arise in the coming decades from climate change.
Climate reporting focus: South Africa
This is part 5 of a series of educational posts from the IFoA’s Climate Change Disclosures Working Party about climate reporting topics. Here we focus on South Africa: current practices and a brief overview of things to come.
Climate change and infrastructure: investment implications for the next 20 years
Anisha Bilala from the IFoA Infrastructure Working Party argues that institutional investors will place a greater financial value on infrastructure projects if they demonstrate climate change resilience. In her paper ‘Climate change and infrastructure: investment implications for the next 20 years’ she also describes ways in which some investors are seeking to influence corporate climate strategies.
Nature at risk, models at fault: Why biodiversity can't wait
Today, the Biodiversity Working Party Scenarios group released their report “Nature at Risk, Models at Fault: Why Biodiversity Can't Wait”.
Five takeaways from COP26 Finance Day
It is not by chance that the first of the COP26 themed days was Finance Day. Central to the perceived success of the UN Climate Change conference was reaching the Paris Agreement target of US$100 billion per year of funding to developing nations to address climate change. But more than that, the UK Presidency declared that to reach our climate goals, “every company, every financial firm, every bank, insurer and investor will need to change.” This will require both public finance for the development of infrastructure and private finance to fund technology and innovation, and to help turn the “billions of public money into trillions of total climate investment”.
IFoA Policy Manager Caroline Winchester was at Finance Day on Wednesday 3 November and here are her five takeaways:
What does an Insurance Analytics Actuary do?
Clara Yan, Head of Insurance Analytics at Robeco talks about her role, how her actuarial skills have helped in this role and sector, and discusses her career path.
Thinking fast and slow: improving how we understand and control the use of LLMs
LLMs may sound like careful thinkers. But beneath the surface, there is just statistical pattern-matching. Financial services firms must stay sceptical, enforce human oversight, and design for safety. By Brandon Horwitz (with some help from ChatGPT)*, Chair of the IFoA’s AI Ethics, Governance and Risk Management Working Party. This is the fourth in a series of blogs by the working party.
Nature-related risks are as detrimental as climate risks: a call to action for actuaries
Mary Goldman, Nick Spencer and Esin Yilmaz Caglar of the The IFoA's Biodiversity Working Party explores nature-related risks, some current challenges in scenario analysis, and what it means for actuaries.