This month’s edition looks at two pieces of work from the International Actuarial Association (IAA) and the CRO Forum that discuss how the world’s response to climate change can affect many aspects of actuarial work.
The 2019 Young Actuaries Conference (YAC) last week unpacked climate change, the Royal Commission, and the future of work, giving key insights to the profession's up and coming.
Many would remember the computer game SimCity where, apart from guarding against fires and alien attack, the primary aim was growing your fictitious city. In real life, however, we need to plan for hazards whilst balancing numerous competing priorities. ‘How’ is often a hotly debated topic.
Cyber risk is now impacting actuaries’ work on two bases: as a risk with a need for insurance, and as an operational risk that is under the radar of risk management actuaries. The recently introduced APRA Prudential standard CPS 234 is relevant to actuaries for the latter cause.
Posted 23 January 2019
