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Volatility Abstract Austin Hervias Unsplash 1930 X 1250

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.
09 December 2025
Young Actuaries Initiative Seminar 2025 1930 X 1250

Mauritius and the UK to Munich: Our experience at the YAI Leadership Seminar

Katy An and Darshan Purmessur attended the Empowering Tomorrow: Young Actuaries Leadership and Career Development Seminar in November, hosted by the Young Actuaries Initiative and the German actuarial association (DAV). Read their impressions of the two-day event that brought together young actuaries from across Europe and beyond.
09 December 2025
Eerie Mist Savannah 1930 X 1250

When black swans turn into gray rhinos

To introduce a new blog series on climate risk, the IFoA’s Life Climate Change Working Party explores the concepts of ‘black swans’ and ‘gray rhinos’ in a climate context.
05 December 2025
AI Abstract 1930 X 1250

After the headlines: six practical techniques for managing LLM hallucination

From making sure you have selected web search to learning how to engineer your prompts, Nnamdi Odozi and the AI Ethics Working Party explore six ways to work around LLM weaknesses and limitations. This is the fifth in a series of blogs by the working party.
02 December 2025
Tech Abstract Credit Tsaiwen Hsu Unsplash 1930 X 1250

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.
19 November 2025
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FCA’s protection market study: market overview

Yavi Ganeshamohan, Adam Hughes, and Joshua Lea of the IFoA’s Consumer Duty Working Party provide insights into the FCA’s protection market study, highlighting key dynamics shaping the retail protection landscape.
17 November 2025
Longevity Issue 17 Cover Image 1930 X 1260Px V01

A hostile climate?

Climate change is reshaping the conditions on which human civilisation depends. From rising mortality risks to modelling challenges, the actuarial profession must urgently engage with this evolving threat.
11 November 2025
12Jan22

CMI Model: Reflecting pandemic impacts in different countries

The CMI has updated the CMI Mortality Projections Model so it can better reflect the impact of the pandemic in different countries. This blog describes the changes and the reasons for them.
30 October 2025
Labour Party Conference 2025 1930 X 1250

Actuaries lead pensions debate at 2025 party conferences

Our Policy and Public Affairs Team reports back from the 2025 party conferences, an opportunity to bring the actuarial profession to life to political stakeholders.
30 October 2025
Mental Health Nature Walk 1930 X 1250

World Mental Health Day 2025: Take our survey on the mental health of actuaries

World Mental Health Day 2025 takes place on 10 October with the theme ‘Access to Services – Mental Health in Catastrophes and Emergencies.’ It is a timely reminder that crises – whether natural disasters, armed conflicts or other emergencies – leave deep psychological impacts alongside physical ones.
10 October 2025