General Insurance Article - Actuaries Covid19 Response Group issue first paper on virus


A group of industry professionals have created a Covid-19 Actuaries’ Response Group to provide a forum for actuaries and others to learn how to respond to the current pandemic.

 The group currently has 11 members and was launched earlier this month, as Italy’s Lombardy region was being shut down in response to the virus.

 The group launched its charter setting out six principles, such as seeking science and data and “bringing an innovative approach in framing both the problems and solutions”.

 The group’s plan is to put out materials that will be of benefit to actuaries and their employers and clients. This might include a discussion on the virus itself, how it can be modelled, a forecast impact on mortality and health services and various strategies that different countries are employing to combat it.

 Its current membership includes Matthew Edwards, Consulting Actuary at Willis Towers Watson, who has just published the group’s first paper on COVID-19 entitled: “Is the Imperial College pandemic modelling work ‘fit for purpose’?"

 In particular, the paper highlights specific areas where the Imperial College modelling - one of the main models informing the UK Government's response to the Coronavirus - looks open to challenge.
  

Back to Index


Similar News to this Story

Ten steps insurers are taking to tackle motor cover costs
Insurers announce actions to bring down costs after premiums increased 25% in 2023
Third of drivers forced to pay monthly for car insurance
Research by comparison site Money Expert has revealed a third of drivers in the UK will be considering monthly payment instalments to afford their car
Lloyds provision for FCA investigation lower than expected
Q4 profit before tax £1.8bn vs £1.7bn consensus. Q4 Net interest margin 2.98%. Unwound £541mn of loan loss impairments. £450mn provision for impact of

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.