News & Views

Life and general insurance are two key sectors of actuarial work and there are many similarities between the skill sets required to be successful in each. We are fortunate to work with clients in both sectors, and in this article Ian Angus shares some insights into the similarities and differences between each.

In this article, Ross Gordon, our resident CPD co-ordinator, recaps the recently announced changes to the IFoA’s CPD scheme for the 2020/21 year, and sets out some details of upcoming events that piqued our interest.

Social inflation has been driving a disconnect between past experience and future claims in general insurance for a number of years now. In this article Rob Givens lays out what social inflation is and the impact it is having on general insurance claims, and begins to explore how the industry as a whole is tackling this issue.

Following discussions about whether the absence of Euro 2020 or Wimbledon was more troubling this summer, we began to wonder how Euro 2020 would differ if the tournament structure followed that of Wimbledon. At APR we do enjoy modelling – especially when it involves real world scenarios that we are all passionate about so this seemed a good excuse to dust out our modelling credentials and do some simulating.

In the last few months on-boarding has changed abruptly with working from home adding a myriad of new challenges to an already complicated process. At APR we have been working with clients to ensure this process is as simple as possible for clients and in this article Kevin shares some of the key things we have learned in relation to remote on-boarding.

The purpose of this article is to provide some helpful ideas for those working in the actuarial profession and wondering what and how to learn about technology. In this article we look at what technology to focus on, where to find information on technology, and how to approach learning about technology.

We would like to introduce two new members of senior staff, Phil Creswell and Alan Reed, who have joined APR to further develop our ability to offer innovative and varied solutions to our clients’ actuarial needs.

IFRS 17 projects have been afforded a breather with another year’s delay to the standard implementation date. James Nicholl takes a high-level view of some of the key areas in IFRS 17 and how this year can best be used to consolidate work to date and prepare for a smooth go live process.

At APR we like to think that documentation is one of our core strengths, from our partners right down to our most junior staff. We actively train all new joiners to ensure they can document their work effectively. As a sneak peek of how we approach this training, Michael Scanlon looks at the considerations a student or analyst should take when documenting tools or models they develop.

Claydon Peaker has interviewed several APR actuarial staff, including some with very little prior WFH experience, to discover how they are finding the move to enforced permanent home-working. We hope this will give some insight into how our team is coping.