News
23/03/2021
Operational risk is the risk of loss, arising from inadequate or
failed internal processes, people and systems or from external
events. That is the definition of operational risk for regulatory
purposes. Operational risk management is usually part...
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11/03/2021
While the actuarial community works on developing new ways to
measure the economic impact of the risk posed by global warming, it
is exceedingly important for actuaries to gain an understanding of
the underlying science of climate change. Having dis...
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09/03/2021
IFRS 17 will become effective on 1 January 2023, and it
represents a step change for all entities that are required to
apply its guidance. The changes will not be limited to the
measurement of contracts - including their presentation in the
ba...
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09/03/2021
Due to demographic changes and the resulting challenges for
government-run pay-as-you-go systems, the importance of funded
private or occupational old age provision will increase in the
future. These changes have led to many product developments w...
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03/03/2021
Due to the ongoing COVID-19 pandemic, the 4th European
Congress of Actuaries was postponed to June 2022 and many
other events took and take place online only these days.
Several experiences of the past year have shown that there is
a
great interes...
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