The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.
Members are aware that Royal Commissioner Hayne has delivered an interim report of findings on September 28. This report does not cover insurance or superannuation matters which will be included in the final report, scheduled for release on 1 February 2019.
Posted on: October 11, 2018
Andrew Matthews and Brendan Pon outline reforms to psychiatric waiting periods within private health insurance and how this sits within the broader need to address growing mental ill-health treatment in Australia.
Posted on: September 13, 2018
New Private Health Insurance (PHI) reforms that will come into effect on 1 April 2019 will present health insurers with a range of challenges and opportunities. Shaini Sivagnanam reports.
Posted on: September 3, 2018
There are over 30 committees, subcommittees, task forces, and working groups of the International Actuarial Association. These groups all commission, create and share content that may be relevant to Actuaries Institute members. Links to some of the content discussed at the recent meetings in Berlin, Germany are provided below.
Posted on: August 21, 2018
With over 150 hours of presentations available from ICA2018 in Berlin, we’ve had a look at some of the videos relating to Data Analytics and picked out a handful for suggested viewing.
Posted on: August 8, 2018
The interaction of reforms to categorise all hospital insurance products into Basic, Bronze, Silver and Gold with the commercial and political environment will require careful planning and detailed risk assessment, writes Barry Leung.
Posted on: August 3, 2018
Chief Actuary for Medibank Private, Andrew Matthews outlines the prevalence of mental health conditions, government spending, and the role of insurance in improving services.
Posted on: July 24, 2018
This article looks at data on actuarial students at Macquarie University and the Australian National University (ANU) as well as international analysis, to see how we can attract women to and keep them in the actuarial profession.
Posted on: July 18, 2018
Greg Einfeld, Director at Plenty Wealth outlines his journey in fintech and where he sees his business, and the broader fintech landscape heading.
Posted on: June 28, 2018
Aggregators have become an important part of the Australian Private Health Insurance (PHI) industry, however, they are often seen as having negative impacts and pushing up prices. Here, health actuary Andrew Gower discusses the history and impact of aggregators.
Posted on: April 19, 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
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 London Australian Actuaries Network reports on its December mission to combine networking with one of the great institutions of British culture – pints at a pub.
Posted on: March 20, 2018
With a new education model approved for implementation beginning in 2019, Daniel Smith, Convenor of the Education Strategy Review Committee, outlines the background of three newly-hired actuarial educators at the Institute.
Posted on: March 19, 2018
With an increasingly part-time workforce and the impact of the ‘gig economy’, Julia Lessing discusses the true value of part-time workers and asks, “what can organisations be doing to benefit from this growing talent pool?”
Posted on: March 12, 2018
Greg Taylor from UNSW Business School gives a brief summary of his paper on pricing tree structures with shifting parameters, discussing motivation, hierarchical models, the Kalman filter and a numerical example.
Posted on: March 5, 2018
Fifty years ago, the International Association of Consultant Actuaries (IACA) met in Munich for the first time. In June 2018, IACA will celebrate its 50th anniversary meeting with the International Congress of Actuaries (ICA) in Berlin. Brent Walker outlines its history, purpose, spread into Asia and why you should join.
Posted on: February 28, 2018
Stephen Lowe, former managing director at Willis Towers Watson and past President of the Casualty Actuarial Society, shares his views on the benefits of combining actuarial knowledge and data science. This is part one of a two-part series, focusing on the requisite skills and technological advances driving current data science innovations.
Posted on: January 2, 2018
Brett Riley reports on the results from the first survey of Chief Risk Officers by the Actuaries Institute.
Posted on: December 13, 2017
The Institute’s Council recently recruited members to join the newly established International Committee which replaces the existing International Council Committee. Here, Martin Stevenson explains a little more about it.
Posted on: November 27, 2017