Description: The COVID-19 pandemic has not simply changed the way we live. It has caused most of us—whether we want to or not—to reassess the way we think and feel about our world. Most in the general public have been looking to political and medical leaders to better understand the implications to health and wealth. Likewise, we as actuaries look to business leaders and key volunteers for their insights into the impact on our profession. We recently conducted a series of interviews with such leaders in the Canadian actuarial profession. This article addresses their insights into the evolving set of skills we need in this rapidly changing world.

Description: IFRS 18: Introduction for Insurers

Description: We explore the question of how an actuary–artificial intelligence collaboration might look in the future and how actuaries should be trained to best leverage this technology. It felt fitting to accomplish this through a conversation with an AI system, as AI involvement is warranted to ground the analysis in the technology’s true capabilities.

Description: Overview of the regulatory requirements around sustainability reporting in Europe.

Description: This is a continuation of an article published for the speculative future contest in 2023. It mentions how the collapse of China would cause a global recession in 2029 due to the current and predicted geopolitical climate in 2023.

Description: The Federal funds rate increased by 4.25% in 2022 with further increases in 2023, which have already resulted in a liquidity crisis for a few banks. As the rapid increase of the interest rates pushed the new money rates above the yields of many life insurers’ investment portfolios, insurance companies are facing a dilemma between compressed margins from peer pressure and the concern with liquidity shortfalls and realized capital losses should mass surrenders happen. This paper discussed main emerging risks under rising interest rate environment, and several ways to mitigate these risks.

Description: The 2024 Dangerous Risks survey shows respondents react to recent increases in "old favorite" risks as technology evolves and the environment moves away from the pandemic.