News & Views
Brexit and its Implications for Insurance Companies
Brexit will undoubtedly have an impact on many UK-based businesses in the coming months and years, few more so than on insurance companies, who have only just emerged from implementing Solvency II. We look briefly at three of the main areas of uncertainty.
Overview of Longevity Swaps
Longevity swaps are becoming increasingly popular as a means for pension schemes or insurers to minimise exposure to longevity risk. In this article we give an overview of how longevity swaps work, how they are allowed for in terms of reserving, funding and capital and some of the current issues surrounding these often complex contracts.
PPD – A summary of what you need to know
The Institute and Faculty of Actuaries recently introduced a new Personal and Professional Development (PPD) scheme for actuarial students. Read APR’s summary of the key points students need to be aware of about the new requirements and the transitional arrangements.
Another Great Set of Actuarial Exam Results for APR Staff
APR staff were rewarded with another exceptional set of results for the autumn 2017 actuarial exam session, achieving a pass rate of 89% across 35 IFoA and CAA exams. Read on for details of some of the star performers.
Match report – APR vs Just, Five-a-Side Football
Thursday 30 November saw the rebirth of the APR five-a-side football team APR 5-a-side football team, in a hard-fought match against Just at Shoreditch Powerleague. It was a hard-fought contest, but Just ran out narrow winners, despite some fine performances on both sides.
APR Charity Day 2017
On 21 November 2017, sixteen APR staff members and four contractors raised £8,760 for the charities of their choice, just by going to work for the day. See how we managed to surpass our total from 2016 with this year’s charity event.
APR Celebrates its 10th Birthday
On Friday 27 October APR’s staff and partners came together in Brighton to mark the tenth anniversary of the business. Read about how we spent our enjoyable weekend of training, team-building activities, fun and relaxation.
APR Attends Recruitment Events
Wednesday 25 October was a busy day for those involved in graduate recruitment at APR, with staff and partners racking up at not one but three recruitment events on the same day. Read more about the Heriot-Watt Actuarial Careers fair, Cambridge University Career for Mathematicians event and IFoA Actuarial Careers Reception.
First SIAS Evolution Conference is a great success
On Thursday 20 July, APR’s James Robinson attended the Staple Inn Actuarial Society’s first conference. Pitched at nearly- and newly-qualified actuaries, the four sessions focussed on soft skills for aspiring actuaries. Read more about this successful event here.
Structuring Actuarial Models
As actuaries, much of our work will involve building, testing or otherwise working with cash flow models. Joe Barnett looks at some of the pitfalls actuaries can encounter when designing models, and provides some thoughts on how to structure models so that they are as easy as possible to follow, test and maintain within the time constraints often faced.