Nathan Bonarius reports on the recent “Meeting Challenges in Insurance and Super” concurrent session from this year’s Financial Services Forum.
Posted on: June 21, 2018
Responsibilities of the Appointed Actuary (AA) role have expanded in recent years with an increased focus on compliance activities, reducing capacity for the AA to be involved in the provision of strategic advice to the Board and senior management.
Posted on: June 14, 2018
John McLenaghan (Public Policy Adviser at the Actuaries Institute) interviews Ilan Leas (Managing Director at Retender) about his Dialogue thought leadership paper about what the life insurance industry might look like in the future as it strives to meet consumer expectations in a fast-changing environment.
Posted on: May 22, 2018
In late 2016, the Society of Actuaries (SOA) commissioned a paper on asset allocation trends of Asian life companies. Two FIAA’s who co-wrote the paper “Letting Insurance Asset Data Speak for Itself” highlight its key findings here.
Posted on: April 11, 2018
The 2018 Financial Services Forum’s innovative format includes a focus on ‘big-picture’ plenary and keynote speakers.
Posted on: April 5, 2018
This article reports on the new AASB 17 Insurance Contracts Information Note, released on 8 March 2018, to support actuaries in Australia and NZ in the application of IFRS17.
Posted on: March 28, 2018
The next instalment of the Dialogue Podcast series explores the broader future implications of genetic testing for society, medical professionals and the insurance industry, featuring co-author Jessica Chen.
Posted on: March 23, 2018
The next instalment of the Dialogue Podcast series explores how a simple innovative addition to private health insurance (PHI) can alleviate 'bill shock' and reduce out-of-pocket costs for those diagnosed with cancer.
Posted on: March 16, 2018
Amongst much talk about data science and new analytics techniques, Ashish Ahluwalia challenges the profession to be bold in sticking to their roots and take their toolkit of ‘traditional’ actuarial methods into a broader industries outside of insurance.
Posted on: March 12, 2018
Chief Editor Angat Sandhu's first Editorial focuses on key themes at play in our industry, from regulatory paradigm shift, to heightened customer expectations, and finding efficiency though technology and data analytics.
Posted on: March 8, 2018
icare’s Group Executive Workers Insurance, John Nagle, says the transformation within injury and disability schemes discussed at this week's IDSS, aligns closely with icare’s focus on the needs of the injured worker and improving workplace safety.
Posted on: November 16, 2017
Co-author of the Institute's latest Green Paper 'Mental Health and Insurance' lets us in on the work behind the scenes, and tells a story to get us thinking - how can we find a better way to insure mental illness?
Posted on: November 9, 2017
Lucy Brogden, Co-chair of the National Mental Health Commission thanked and congratulated the Actuaries Institute on a "timely" report at the 'Mental Health and Insurance' Green Paper media launch.
Posted on: November 9, 2017
Here, Brendan Counsell of the Institute of Actuaries’ AASB 17 Implementation Taskforce provides an update on the ‘premium allocation approach’, or PAA to assist Australian actuaries involved in implementing the new accounting standard.
Posted on: November 1, 2017
Amit Jeena covers the Institute's latest Insights session on APRA's paper the “Review of the role of the Appointed Actuary and actuarial advice within insurers”, presented by Peter Kohlhagen, senior manager in APRA’s policy development area.
Posted on: October 26, 2017
Mental health is a serious issue for Australian society, and for our injury and disability schemes. A Plenary, together with a number of Concurrent sessions, will explore the complexities of this 'difficult problem', at the fast approaching 2017 Injury and Disability Schemes Seminar (IDSS). Here, Gillian Harrex and Raewin Davies interview the four esteemed speakers in the Mental Health Plenary.
Posted on: October 25, 2017
Fraud poses a critical risk to the sustainability of injury and disability schemes across Australia. Ahead of the 2017 Injury and Disability Schemes Seminar (IDSS), Hugh Miller outlines where fraud risk will be discussed in the Program, as well as opportunities to improve outcomes in the industry through behavioural economics.
Posted on: October 6, 2017
The previous AASB 17 Insurance Taskforce update on insurance contract accounting implementation looked at the BBA Drafting Group and particularly focused on the issue of coverage units. This time, its focus falls on the Variable Fee Approach (VFA) work-stream, headed by David Rush.
Posted on: September 27, 2017
Mental health is a key theme at this year’s Injury and Disability Schemes Seminar (IDSS). Here, Hugh Miller outlines some of the issues - including exercise benefits, best practice claims management, and secondary harm - that will be explored by speakers in depth.
Posted on: September 22, 2017
Since the Life Insurance and Wealth Management Sub-committee put together the first instalment of their China Series in March this year, Henry has had the opportunity to experience Chinese culture first-hand, by spending a week there in June.
Posted on: September 14, 2017