Global cases reached 10 million today, and global deaths 500,000, so it’s little surprise that the IMF’s global economic outlook deteriorated. Australia was one of few countries to improve in the IMF forecasts, despite record falls in job vacancies and predicted retail spend. A testing blitz is underway in Victoria’s outbreak hotspots, while research suggests bald men should be particularly vigilant to avoid COVID-19.
This week we will focus on the experience of a sample of our members who volunteered to work in the COVID-19 Working Group (WG). This was a very different type of volunteering opportunity – convened at short notice to respond to the implications of an emerging global health crisis that may affect all of our practice areas.
Just a few short months ago, many of us would have been hard-pressed to imagine that Actuaries would be deprived of the possibility of attending an Insights sessions in person. Michael Storozhev reflects on the recent session on data science presented by Hong Kong based, Australian actuaries.
COVID-19 brings a 'new normal' with lots of new issues and more volatility to come in future – societal concerns on the wealth gap, global warming, geo-political uncertainty, digitalisation and changes in how we work. If our most important work is figuring out and addressing problems, then the challenge amidst risk, uncertainty and opportunity is to figure out the question, 'How can we become a problem-solving company?'
Life Insurance and Wealth Management Practice Committee (LIWMPC) Convenor, Anton Kapel, is joined by committee member David Millar to discuss the latest news and developments from the LIWMPC. These include the committee’s structure, its response to the Hayne Royal Commission, and the challenges posed to life insurers by COVID-19.
Martin Mulcare interviews Matthew Tiong, Senior Consultant at NMG Consulting, on his role in creating a predictive model to help guide the Institute’s COVID-19 Working Group, and the profession, in tackling the challenges posed by coronavirus.
Senior Pricing Actuary Shannon Lin interviews Dr. Achim Regenauer, Global Chief Medical Officer for PartnerRe, on the role of actuaries in monitoring the ongoing COVID-19 pandemic, and the possible unknown cases actuaries need to be aware of when modelling data.
"The most valuable skill an actuary can possess is… Good communication skills. I’ve learnt that it is easy to explain actuarial workings and concepts to actuarial colleagues, but the best actuaries are the ones that can concisely explain those steps in simple layman terms to non-actuarial colleagues."All Work Be a thought leader & contribute today Contribute Today
10 JULY 2020
COVID-19 UPDATE FROM THE SUPERANNUATION PRACTICE COMMITTEE
Event is available to Members only
21 JULY 2020
VIRTUAL INSIGHTS - PRESIDENT'S VIRTUAL ASIA TOUR
Presented by Hoa Bui, Elayne Grace and Bartosz Piwcewicz
2-28 AUGUST 2020
2020 ALL-ACTUARIES VIRTUAL SUMMIT
Find out more and register today!
3-7 April 2022
2022 INTERNATIONAL CONGRESS OF ACTUARIES
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