General Insurance
Loss Coverage: Why Insurance Works Better with Some Adverse Selection
Here we speak with Guy Thomas, author of 'Loss Coverage: Why Insurance Works Better with Some Adverse Selection'. Guy explains the context of his recent publication and why loss coverage is important.
Posted on: June 20, 2017
When life gives you lemons, make Lemonade - A Behavioural Science guide to Lemonade Inc.
Lemonade is the new New York based insurtech that is 'redefining everything we understand about insurance'. Leon Yan, Actuarial Manager at Cover-more introduces Lemonade and tells us why it works.
Posted on: June 14, 2017
MiCRO: Bringing insurance solutions to Central America’s vulnerable populations
Senior Microinsurance Specialist for the International NGO, Mercy Corps, Josh Ling gives us an overview of microinsurance in Central America.
Posted on: May 16, 2017
Drones in GI: Opportunities, challenges and risks
Drones are clever devices that are presenting a range of opportunities and challenges for insurers globally. Suba Chelva shares key takeaways from a Melbourne seminar on the Use of Drone Technology in the General Insurance industry.
Posted on: May 4, 2017
Under Water: The U.S. National Flood Insurance Program Reauthorisation
The U.S. National Flood Insurance Program is due to expire this year. As Congress currently carries out the reauthorisation process, Rade Musulin,Vice President of Casualty of the American Academy of Actuaries and CEO of FBAlliance Insurance, tells us about the program and discusses reforms Congress is considering for the future.
Posted on: April 6, 2017
An Introduction to iCare, the "social insurer"
Despite the rain the room was full when Dai Liu presented an Introduction to icare Insights Session at the Institute on 16 March, 2017. Jamie Reid reports on an informative session about the largest general insurance service provider in Australia.
Posted on: April 3, 2017
Climate Related Financial Disclosures - The Way Forward?
Member of the Climate Change Working Group, Wayne Kenafacke discusses the recent recommendations report from the G20’s Financial Stability Board’s Task Force on Climate-related Financial Disclosures.
Posted on: March 31, 2017
Climate Risk Management for Financial Institutions
The authors of 'Climate Risk Management for Financial Institutions' - a paper presented at the General Insurance Seminar in November 2016 - discuss how financial institutions can play a critical role in managing the potential financial risks posed by climate change.
Posted on: January 31, 2017
A History of British Actuarial Thought
Craig Turnbull, Investment Director at Standard Life Investments (UK), recently published the book 'A History of British Actuarial Thought'. In this book, Craig illustrates the development of the actuarial profession within each of the three key practice areas of life assurance, pensions and general insurance.
Posted on: January 19, 2017
Aftershock: Can ‘model change’ impact the real economy in New Zealand?
Alexander Pui discusses the interaction of catastrophe modelling, under-insurance, credit ratings, and interest rates. He warns of the potential spiraling of under-insurance that could be triggered by a higher evaluation of earthquake risk in New Zealand.
Posted on: January 12, 2017
Practice Update videos now available
The Actuaries Institute has just released the first collection of Practice Update videos! See what each committee has been up to and also earn CPD points.
Posted on: December 22, 2016
Construction of detailed correlation structures across GI business segments
In this article, Benjamin Avanzi, Greg Taylor, and Bernard Wong from UNSW have teamed up to illustrate the uses of large-scale correlation structures in General Insurance.
Posted on: December 14, 2016
Young actuaries share their views on GIS2016
In this article, six young actuaries come together to share their experiences and takeaways from GIS2016.
Posted on: December 1, 2016
GIS2016 Wrap up
GIS2016 was a truly thought provoking and relevant seminar for those in the general insurance industry who are constantly faced with challenges, especially around big data and cyber risk. This article wraps up the two day seminar that was held this month.
Posted on: November 30, 2016
The NDIS: Today and Tomorrow
Actuary and Director of the National Disability Insurance Agency (NDIA), Jessica Twigg, reports on the current state of the NDIS and some important lessons gleaned from the trial period of the scheme.
Posted on: November 11, 2016
Blockchain in Insurance
Dimitri Semenovich outlines some of the foundational concepts of blockchain technology, ahead of his upcoming presentation on the subject at the 2016 GI Seminar.
Posted on: November 2, 2016
New products in cyber insurance
[VIDEO]: Sharanjit Paddam, Principal at Deloitte Actuaries & Consultants, interviews Emma Osgood – Senior Underwriter for Cyber Liability at Berkshire Hathaway Specialty Insurance on Cyber Insurance.
Posted on: October 19, 2016
The Future of Transport – Smarter and Cleaner Solutions
Technology is transforming all facets of our lives, especially in forms of transportation. Roger Xie, student and part-time Actuarial Analyst at Cover-More Travel Insurance, illustrates a number of these changes and outlines how they affect the insurance industry.
Posted on: October 14, 2016
Riding High on the Perfect Storm
The last few years have not been easy for general insurers. Strong competition and falling or flat premium rates have meant a pressing focus on efficiency and underwriting discipline. But could the cycle be about to turn? Win-Li Toh outlines the industry conditions ahead of her Plenary talk at the 2016 General Insurance Seminar.
Posted on: October 12, 2016
Update on physical, transition and liability climate risks
An Actuaries Institute event last week explored case studies of the physical risks from natural disasters, transition risks for investors as economies adapt to low carbon emissions, and governance risks for trustees and boards of directors.
Posted on: October 6, 2016
