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General Insurance

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General Insurance

Claims inflation estimation: A practical guide for historical data

The Brian Hey Prize 2025 had an exceptionally high number of submissions this year, reflecting growing enthusiasm across general insurance, data science and health fields. Here one one of the runners up, Chair of the IFoA’s Claims Inflation Working Cian Creedon, introduces research into adjusting claims’ reserving methods for economic inflation volatility.

General Insurance
Prizes

Brian Hey Prize 2024: Who was Brian Hey?

The Brian Hey Prize is annual award given out at the IFoA’s GIRO Conference for the best actuarial research paper delivered each year. But who was Brian Hey, and why was this award established in his name? Dr Kenneth Bogle looks into the life of Brian.

General Insurance
Risk

Are the GI Actuaries hogging Cyber Insurance Risk?

Cyber research by the working party has to date focussed on General Insurance risks where firms have been increasingly writing cyber insurance policies. The Working Party are now looking to begin a new workstream, exploring how potential Cyber scenarios may impact a Life insurer, where historical loss event data will not be available for some of the more extreme scenarios.

General Insurance
Volunteering

From curiosity to GIRO: A Brian Hey winner’s journey

The 2024 Brian Hey Prize winners – Neil Gedalla, Adam Smylie, and Jade Lagrue – share insights from their research journey. What began as genuine curiosity evolved into their award-winning paper. Their reflections offer inspiration, practical tips, and a behind-the-scenes look at what it takes to create impactful work recognised across the actuarial community.

General Insurance
Volunteering

From pub chat to highly commended: the journey behind a Brian Hey-recognised paper

This blog reflects on the journey behind one of the two papers highly commended for the 2024 Brian Hey Prize. Co-author Cian Creedon shares how the idea was sparked, the collaborative effort that brought it to life, and how support from the IFoA helped turn research into recognition. A motivating read for anyone thinking of submitting in 2025.

General Insurance
Great Risk Transfer

Contents insurance and the Great Risk Transfer: practical solutions for vulnerable groups

A workshop between the IFoA and Fair4All Finance has produced concrete recommendations for improving insurance access among vulnerable populations. These include plans for a pilot minimum value contents insurance product.

Sustainability
General Insurance
Climate Change

Climate scenarios in general insurance

The IFoA Sustainability Working Party’s climate scenarios sub-group explores use of climate scenarios in the non-life insurance industry and by regulators in assessing climate change impact. The authors focus on the developed insurance markets in North America and Europe.

General Insurance
Risk
IFoA conferences

From bias to black boxes: understanding and managing the risks of AI from an actuarial perspective

Valerie du Preez from Dupro Advisory Actuartech, and Richard Galbraith from Canada Life, preview their presentation to the IFoA Conference 2023

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